Li Xiaojia is leaving the bourse operator within days. More than seven months later and days before Li formally steps down on Deccember 31, the committee has yet to settle on a permanent replacement. Li had seemed to thread the needle, credited with both internationalizing the exchange as well as building a bridge to China’s markets. He was forced to apologize last year after saying civil unrest in Hong Kong had exposed faults underlying the “one country two systems” framework for its return to Chinese rule. Liu, Machin, Zhai and Yiu all declined to comment while Tai wasn’t immediately available.

Source: The Standard December 29, 2020 01:41 UTC