Hong Kong Exchanges and Clearing Limited (HKXCY)

27.87 +0.44 (+1.60%) At close: 03:59PM EDT

Hong Kong Exchanges and Clearing Limited

Two Exchange Square
8th Floor 8 Connaught Place
Central
Hong Kong
852 2522 1122
https://www.hkex.com.hk

Sector(s): Financial Services
Industry: Financial Data & Stock Exchanges
Full-time employees: 2,419

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Yiting Chan	CEO & Ex-Officio Director	1.15M	N/A	1970
Ms. Bik Yun Lau	Co-COO & Group CFO	1.05M	N/A	1972
Mr. Ka Yan Yiu	Deputy CEO, Co-COO and Co-Head of Markets & Head of Equities	1.12M	N/A	1970
Mr. Richard Alan Wise	Group Chief Risk Officer	1.08M	N/A	1968
Ms. Kit Shuen Ng	Head of Listing	952.26k	N/A	1974
Mr. John Hsu	MD & Group CTO	N/A	N/A	N/A
Mr. Chung Kwong Leung	Group Chief Information Officer	1.07M	N/A	1964
Mr. Koon Ying Chow	Group General Counsel	N/A	N/A	1973
Mr. Adam Barclay Singer	Group Chief Compliance Officer	N/A	N/A	N/A
Ms. Victoria Cowley	Group Chief Communications Officer	300.84k	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, the Shanghai Stock Exchange, and the Shenzhen Stock Exchange; clearing, settlement and custodian, listing, depository, and nominee services; and other related activities. The Equity and Financial Derivatives segment provides and maintains trading platforms for a range of equity and financial derivative products, such as stock and equity index futures and options, derivative warrants, callable bull/bear contracts and warrants, and over the counter (OTC) derivatives contracts. The Commodities segment operates an exchange for the trading of base, ferrous, and precious metals futures and options contracts in the United Kingdom; and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in the Mainland. This segment also covers commodities contracts traded on Futures Exchange. The Data and Connectivity segment offers various services that provides access to the platform and infrastructure, as well as services of BayConnect Technology Company Limited; network, terminal user, data line and software sublicense, and hosting services; and sells market data relating to the Hong Kong cash and derivatives markets. The company serves issuers and investors. Hong Kong Exchanges and Clearing Limited was incorporated in 1999 and is based in Central, Hong Kong.

Corporate governance

Hong Kong Exchanges and Clearing Limited’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.