Gelonghui, November 29 - hkex (00388.HK) announced that Yau Ka Yan will retire on December 31, 2024, and will step down from all positions within the hkex Group; positions include Deputy Chief Executive Officer of the hkex Group, Co-Chief Operating Officer and Co-Head of Markets, as well as Chief Executive Officer of the Stock Exchange and the Hong Kong Futures Exchange (both the Stock Exchange and Futures Exchange are direct wholly-owned subsidiaries of hkex).

The current Co-Chief Operating Officer and Group Chief Financial Officer of hkex, Lau Bi Yan, will become the Chief Operating Officer of hkex and continue to serve as the Group Chief Financial Officer. Lau Bi Yan will also serve as the CEO of the Stock Exchange and the Futures Exchange. The above appointments have been approved in writing by the Securities and Futures Commission under Sections 26 and 70 of the Securities and Futures Ordinance and will take effect on January 1, 2025.