The ratio of women to men in the boardrooms of Hong Kong-listed companies has surpassed one in five for the first time, the South China Morning Post reported Wednesday, citing MSCI.
About 21% of board seats in Hong Kong-listed firms were occupied by women as of October 2024, up from 19% a year earlier, the report said.
Despite the increase in the ratio, there remains disparity with women in senior roles and their pay, the SCMP said, citing MSCI.
Companies with female chief executives rose to 5.6% in 2024 from 4.4% a year earlier, the report said.
The Hong Kong Exchanges and Clearing (HKG:0388) changed rules to require listed companies to have at least one female board member by the end of 2024, the report said.
As of the time the rule was changed, around 800 firms, or about two in five companies, had all-male boards, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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