Hong Kong Exchanges and Clearing Limited (0388.HK)

253.600 -14.800 (-5.51%) At close: 04:08PM HKT

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: 2,237

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Alejandro Nicolas Aguzin	Member of Mainland China Advisory Group, CEO & Executive Director	23.95M	N/A	1969
Ms. Bik Yun Lau	Group Chief Financial Officer	7.45M	N/A	1972
Mr. Ka Yan Yiu	Co-COO, Co-Head of Markets & Head of Equities	8.47M	N/A	1970
Ms. Yiting Chan	Co-Chief Operating Officer	9.11M	N/A	1970
Mr. Richard Alan Wise	Group Chief Risk Officer	7.16M	N/A	1969
Mr. John Hsu	MD & CTO	N/A	N/A	N/A
Mr. Koon Ying Chow	Group General Counsel	N/A	N/A	1972
Mr. Adam Barclay Singer	Group Chief Compliance Officer	N/A	N/A	N/A
Ms. Victoria Cowley	Group Chief Communications Officer	2.36M	N/A	N/A
Ms. Sharon Cheng	Group Chief People Officer	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

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 five segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology. 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; sale of market data relating to the products; 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, and callable bull/bear contracts and warrants, as well as sells related market data. 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 Post Trade segment operates clearing houses that are responsible for clearing, settlement, depository, custodian, and nominee services. The Technology segment offers various services that provide users with access to the platform and infrastructure. 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 December 1, 2023 is 1. The pillar scores are Audit: 1; Board: 2; 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 a 10 indicates higher governance risk.