The Hong Kong government plans to name Carlson Tong, the former chairman of KPMG China, to preside over the city’s stock exchange.
Tong is expected to take over as the next chairman of the Hong Kong Exchanges & Clearing Ltd. after April 24, according to people familiar with the matter. The city’s leader John Lee will formally make the appointment as mandated by the local securities law, the people said. The government owns about 5.9% of the stock exchange and appoints half of the board, including Tong who has been a director since 2023.
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March 08, 2024 at 01:13PM
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Hong Kong to Name Ex-KPMG China Head Carlson Tong to Chair Stock Exchange - Bloomberg
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