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HKEX Welcomes Neil Shen to International Advisory Council

Corporate
30 Nov 2020

  • HKEX appoints Neil Shen, Steward of Sequoia Capital, Founding and Managing Partner of Sequoia Capital China, as the sixth member of its International Advisory Council
  • Council comprises experts in economics, business, technology and finance who advise the HKEX Board of Directors

 

Hong Kong Exchanges and Clearing Limited (HKEX) is today (Monday) pleased to announce the appointment of Neil Shen to the HKEX International Advisory Council.

HKEX Chairman Laura M Cha said: “I am delighted to welcome Neil as the newest member of the HKEX International Advisory Council. His extensive experience in business, investment and technological innovations will provide the Council with valuable insight and perspective, as we work to further enhance HKEX’s and Hong Kong’s leading position as a global international financial centre.”

Established in 2019, the Council comprises experts in economics, business, technology and finance from around the world who act as advisors to the HKEX Board of Directors. The Council contributes to HKEX’s understanding of the global environment, including developments in major financial centres, advancements in technology and global policy and regulatory initiatives, by drawing on the extensive skills and experience of its members.

With the addition of Mr Shen, the Council comprises six members, and is chaired by HKEX Chairman Laura M Cha.

The other Council members are: Stuart Gulliver, former Group Chief Executive and Chairman of the Group Management Board of HSBC Holdings plc; Mary Schapiro, Vice Chair for Global Public Policy and Special Advisor to the Founder and Chairman of Bloomberg LP, and former Chair of the US Securities and Exchange Commission; Joseph Tsai, Executive Vice Chairman of Alibaba Group; and Marcus Wallenberg, Chairman of Skandinaviska Enskilda Banken AB, Saab AB and FAM AB.

Mr Shen, like other members of the Council, will be appointed for an initial term of three years, subject to renewal.

 

Appendix

Neil Shen Biography

Mr Shen founded Sequoia Capital China in September 2005 and has since been serving as the founding and managing partner. Prior to founding Sequoia Capital China, he co-founded Trip.com Group Ltd. (formerly Ctrip.com International, Ltd.), a leading travel service provider in China, in 1999.  Mr Shen also co-founded and served as non-executive Co-Chairman of Homeinns Hotel Group, a leading economy hotel chain in China, which commenced operations in July 2002.

Mr Shen received his bachelor’s degree in applied mathematics from Shanghai Jiao Tong University and his master’s degree from Yale University.

He is also currently a director of BTG Hotels Group Co., Ltd., Meituan, Ninebot Limited, Noah Holdings Limited, Pinduoduo Inc. and Trip.com Group Ltd.

 

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.  HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.

HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited.  This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange (QME), in China, in 2018.

HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

www.hkexgroup.com

 

Ends

Updated 30 Nov 2020