HKEX's wholly-owned subsidiary, The Stock Exchange of Hong Kong Limited (SEHK), has published a consultation paper on proposed amendments to the Code on Corporate Governance Practices and related Listing Rules. The amendments focus on improving the effectiveness of the board of directors, strengthening its independence, and enhancing capital management. Specific proposals include restricting the number of concurrent independent non-executive directors (INEDs) appointments beyond a certain threshold and clarifying that INEDs who have served for more than nine years shall no longer be regarded as independent.
联交所官宣 限制“超额任职”独董
HKEX officially announces restriction on "over-appointment" of independent directors.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.