Charles Li moves on in surprise announcement to step down in 18 months as chief executive of Hong Kong’s stock exchange
Charles Li, one of the longest-serving chief executives of a global financial marketplace, has thrown in the towel after more than a decade as head of the Hong Kong stock exchange (HKEX), in a surprise announcement to let his contract lapse in October 2021.The former oilfield worker, journalist and banker, also known as Li Xiaojia, will not seek reappointment when his current term expires at the end of October next year, according to a statement. He will continue to lead Asia’s third-largest…