HKEx chief Charles Li will not seek reappointment

His current contract will end in October 2021.

Hong Kong Exchanges & Clearing Limited (HKEx)’s chief executive Charles Li will not seek reappointment as at the end of his current contract in October 2021, according to an announcement.

The government expressed appreciation for Li’s contribution to the development of the financial market during his tenure as HKEx chief executive in the past decade.

Li has led HKEx and Hong Kong’s capital market in achieving important breakthroughs since January 2010, including the launch of the Shanghai-Hong Kong Stock Connect in 2014, which was expanded to include Shenzhen-Hong Kong Stock Connect in 2016, and Bond Connect in 2017.