Hong Kong Exchange (HKEX) Appoints ex-Chairman of Alibaba Group & Managing Partner of Firstlight Capital Zhang Yong to HKEX Mainland China Advisory Group (Advisory Group), HKEX Advisory Group with Total of 9 Members Including HKEX Non-Executive Director & CITIC Capital Holdings Chairman Zhang Yichen, ex-HKEX Chairman Laura M Cha, Primavera Capital Chairman Fred Hu, Peking University Professor Huang Yiping, China Merchants Bank ex-President Ma Weihua, TPG Chairman China Chang Sun, HKEX Chairman Carlson Tong & HKEX CEO Bonnie Y Chan
2nd August | Hong Kong
Hong Kong Exchange (HKEX) has announced the appointment ex-Chairman of Alibaba Group & Managing Partner of Firstlight Capital Zhang Yong to HKEX Mainland China Advisory Group (Advisory Group). HKEX Mainland China Advisory Group has total of 9 members including HKEX Non-Executive Director & CITIC Capital Holdings Chairman Zhang Yichen, ex-HKEX Chairman Laura M Cha, Primavera Capital Chairman Fred Hu, Peking University Professor Huang Yiping, China Merchants Bank ex-President Ma Weihua, TPG Chairman China Chang Sun, HKEX Chairman Carlson Tong & HKEX CEO Bonnie Y Chan. Announcement (1/8/25): “Hong Kong Exchanges and Clearing Limited (HKEX) is today (Friday) pleased to announce the appointment of Mr Zhang Yong, Managing Partner of Firstlight Capital and former Chairman of Alibaba Group, to HKEX’s Mainland China Advisory Group (Advisory Group). Established in 2021, the Advisory Group comprises senior industry experts with deep China market knowledge and experience, to advise the HKEX Board. With the addition of Mr Zhang Yong, the Advisory Group now comprises nine members and is chaired by Zhang Yichen, HKEX Non-executive Director and Chairman and Chief Executive Officer of CITIC Capital Holdings Limited. Other members of the Advisory Group are Laura M Cha, former HKEX Chairman; Fred Hu, Chairman, Primavera Capital; Professor Huang Yiping, Dean of the National School of Development and Director of the Institute of Digital Finance of the Peking University; Ma Weihua, chairman of National Fund for Technology Transfer and Commercialization and former President and Chief Executive Officer of China Merchants Bank; Chang Sun, Partner and Chairman, China at TPG; Carlson Tong, HKEX Chairman; and Bonnie Y Chan, HKEX Chief Executive Officer.” In 2024 June, Hong Kong Exchange (HKEX) announced the appointment of Peking University Professor Huang Yiping & TPG Chairman China Chang Sun to the HKEX Mainland China Advisory Group, with a total of 9 members in the advisory group including ex-HKEX Chairman Laura M Cha (Chair of HKEX Mainland China Advisory Group), Primavera Capital Chairman Fred Hu, China Merchants Bank ex-President Ma Weihua, Hillhouse Group Founder Zhang Lei, HKEX Chairman Carlson Tong, HKEX CEO Bonnie Y Chan and HKEX Non-Executive Director Zhang Yichen.
“ Hong Kong Exchange (HKEX) Appoints ex-Chairman of Alibaba Group & Managing Partner of Firstlight Capital Zhang Yong to HKEX Mainland China Advisory Group (Advisory Group), HKEX Advisory Group with Total of 9 Members Including HKEX Non-Executive Director & CITIC Capital Holdings Chairman Zhang Yichen, ex-HKEX Chairman Laura M Cha, Primavera Capital Chairman Fred Hu, Peking University Professor Huang Yiping, China Merchants Bank ex-President Ma Weihua, TPG Chairman China Chang Sun, HKEX Chairman Carlson Tong & HKEX CEO Bonnie Y Chan “
HKEX Chairman, Carlson Tong: “I am delighted to welcome Mr Zhang Yong to our Mainland China Advisory Group. His wealth of experience and deep knowledge in China’s business and financial markets will provide invaluable support to the HKEX Board as we continue to deliver on our strategic imperatives of building on our China strength.”
Zhang Yong – Mr Zhang is the managing partner of Firstlight Capital. Prior to joining the fund, Mr Zhang served as chief executive officer of Alibaba Group from 2015 and its chairman from 2019 until 2023. He was also a founding member of the Alibaba Partnership. Mr Zhang joined Alibaba Group in 2007 where he held numerous key positions, including chief financial officer of Taobao Marketplace; general manager and president of Tmall.com; chief operating officer of Alibaba Group; chairman of Cainiao Network; and chairman and chief executive officer of Alibaba Cloud Intelligence Group, in addition to his other key positions until 2023. Mr Zhang is an independent non-executive director of Hysan Development Company Limited. He previously served as a member of the World Economic Forum International Business Council and as co-chair of Consumer Goods Forum in its global and China boards. Mr Zhang holds a bachelor’s degree in finance from Shanghai University of Finance and Economics.
HKEX – Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange. As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets. HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
Hong Kong Exchange Appoints Peking University Professor Huang Yiping & TPG Chairman China Chang Sun to HKEX Mainland China Advisory Group, Total of 9 Members Including ex-HKEX Chairman Laura M Cha, Primavera Capital Chairman Fred Hu, China Merchants Bank ex-President Ma Weihua, Hillhouse Group Founder Zhang Lei, HKEX Chairman Carlson Tong, HKEX CEO Bonnie Y Chan & HKEX Non-Executive Director Zhang Yichen
4th June 2024 – Hong Kong Exchange (HKEX) has announced the appointment of Peking University Professor Huang Yiping & TPG Chairman China Chang Sun to the HKEX Mainland China Advisory Group, with a total of 9 members in the advisory group including ex-HKEX Chairman Laura M Cha (Chair of HKEX Mainland China Advisory Group), Primavera Capital Chairman Fred Hu, China Merchants Bank ex-President Ma Weihua, Hillhouse Group Founder Zhang Lei, HKEX Chairman Carlson Tong, HKEX CEO Bonnie Y Chan and HKEX Non-Executive Director Zhang Yichen. HKEX (3/6/24): “Hong Kong Exchanges and Clearing Limited (HKEX) is today (Monday) pleased to announce the appointment of Professor Huang Yiping, Dean of the National School of Development and Director of the Institute of Digital Finance of the Peking University, and Mr Chang Sun, Partner and Chairman, China at TPG, to HKEX’s Mainland China Advisory Group (Advisory Group). Established in 2021, the Advisory Group comprises senior industry experts with deep China market knowledge and experience, to advise the HKEX Board. With the addition of Professor Huang and Mr Sun, the Advisory Group now comprises nine members and is chaired by Laura M Cha, former HKEX Chairman. Other members of the Advisory Group are Fred Hu, Chairman, Primavera Capital; Ma Weihua, former President, China Merchants Bank; Zhang Lei, founder of Hillhouse Group; Carlson Tong, HKEX Chairman; Bonnie Y Chan, HKEX Chief Executive Officer; and Zhang Yichen, HKEX Non-executive Director.”
HKEX Chairman, Carlson Tong: “I am delighted to welcome Professor Huang Yiping and Mr Chang Sun to our Mainland China Advisory Group. Their deep expertise and extensive experience in China’s business and finance industry, as well as extensive understanding of macroeconomic and financial policies, will be invaluable to the HKEX Board, facilitating the further development of the Group’s China strategy.”
Huang Yiping Biography – Professor Huang is Dean of the National School of Development, Boya Distinguished Professor, and Director of the Institute of Digital Finance, the Peking University. He is also a member of the Monetary Policy Committee at the People’s Bank of China, Deputy Secretary-General of the China Society of Finance and Banking, Chairman of the Special Committee on Fintech Development and Research of the National Internet Finance Association of China, a member of the China Finance 40 Forum and the Chinese Economists 50 Forum, and the Deputy Editor in Chief of Asian Economic Policy Review. Previously, Professor Huang was Senior Lecturer at the Australian National University, Managing Director and Chief Asia Economist for Citigroup, and Managing Director and Chief Economist for Emerging Asia for Barclays. He was also a member of the External Advisory Group on Surveillance, International Monetary Fund. Professor Huang holds a Master of Economics from Renmin University of China and a PhD in Economics from Australian National University.
Chang Sun Biography – Mr Sun is the Partner and Chairman, China of TPG, a global alternative investment firm. He is also the founder and current Honorary Chairman of the China Venture Capital Association and the founder and current Executive Vice Chairman of the China Real Estate Developers and Investors’ Association. Mr Sun also serves as a member of the Board of Governors of the Lauder Institute at the Wharton School, and a member of the China Entrepreneurs Club. He is also an independent director of GDS Holdings Limited. Prior to joining TPG, Mr Sun was the Chairman and founder of Black Soil Group, an agriculture investment holding company. He was the Chairman, Asia Pacific at Warburg Pincus, a global private equity firm from 1995 to 2015, and an Executive Director at Goldman Sachs Asia in Hong Kong from 1992 to 1995. Mr Sun holds a joint degree of MA/MBA from the Joseph Lauder Institute of International Management and the Wharton School of the University of Pennsylvania in the US.
About HKEX – Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange. As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets. HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
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