Hong Kong Exchanges and Clearing Limited (0388.HK)

480.800 +6.600 (+1.39%) 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: 2,204

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Nicolas Alejandro Aguzin	Member of Mainland China Advisory Group, CEO, Ex-Officio Member of the Board & Exec. Director	N/A	N/A	1969
Mr. Romnesh Lamba	Co-Pres	11.67M	N/A	1964
Mr. Chi Kin Tai	Co-Pres & COO	9.69M	N/A	1962
Ms. Bik Yun Lau	Group Chief Financial Officer	N/A	N/A	1973
Mr. Koon Ying Chow	Group Gen. Counsel	N/A	N/A	1972
Ms. Victoria Cowley	Group Chief Communications Officer	2.36M	N/A	N/A
Ms. Kerry Rooks	Chief People Officer	N/A	N/A	N/A
Mr. Chung Kwong Leung	Group Chief Technology Officer	8.36M	N/A	1964
Mr. Yau Shing Kwong	Deputy Chief Financial Officer	N/A	N/A	N/A
Mr. Felix Wang	Head of Clearing Risk Management - Hong Kong	N/A	N/A	1967

Amounts are as of December 31, 2018 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 is based in Central, Hong Kong.

Corporate Governance

Hong Kong Exchanges and Clearing Limited’s ISS Governance QualityScore as of September 26, 2021 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 1.

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.