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85 Companies in Hong Kong Fail to Meet Deadline for Women's Board Representation

share-iconThursday, January 02 comment-icon2 weeks ago 5 views
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85 Companies in Hong Kong Fail to Meet Deadline for Women's Board Representation

Credited from: SCMP

  • A total of 85 Hong Kong-listed companies did not comply with a rule requiring at least one woman on their boards by the deadline.
  • This regulation was established by Hong Kong Exchanges and Clearing (HKEX), which runs one of Asia's largest stock markets, three years ago.
  • Currently, about 3% of listed companies remain all-male boards, although 41% have more than one woman on their boards.
  • Several companies indicated intentions to appoint female directors within three to six months in recent stock exchange filings.
  • Notable non-compliant firms include TravelSky Technology and Century Sunshine Group, with plans for future appointments underway.

For more details, visit the original article here.

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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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