Time running out for Hong Kong-listed firms to get women on board: HKEX's Bonnie Chan [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
"The deadline is the end of this year, so the next few weeks will be very busy for my team to call the remaining non-compliant companies to make sure that they bring women on to their boards," CEO Bonnie Chan Yiting said on Wednesday. The compliance rate, however, has significantly improved since the requirment was introduced in 2022, she said, noting that the number of Hong Kong-listed companies with an all-male board has decreased by nearly three quarters. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. In 2022, only 16 per cent of company directors were women, and 11 per cent in 2018. "Through two years of encouragement and coaching, that [non-compliant] number has now dropped to about 250 [from 800]," Chan said at the Greater Bay Area Fintech Talent Summit, organised by Bloombe
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