Hong Kong’s stock exchange has hired a veteran investment banker from Nomura to help attract listings from abroad.
The Hong Kong Exchanges and Clearing (HKEX) has appointed Johnson Chui as managing director, head of global issuer services, according to a statement, effective September 2. He will report to HKEX co-heads of markets Wilfred Yiu and Glenda So.
In the role, Chui will lead HKEX’s global issuer services teams based in Hong Kong, mainland China, London and Singapore to drive efforts to further diversify and expand the exchange’s issuer base.
He will be assuming oversight of this function from co-head of sales and marketing Christina Bao, who will leave HKEX after eight years to explore opportunities outside the group.
Investment Banking Career
Chui has more than 25 years of experience in international capital markets, most recently as managing director, vice chairman of investment banking and head of equity capital markets (ECM) for Asia ex-Japan at Nomura.
Previously, he also worked at Credit Suisse for 18 years, including as head of ECM for APAC, as well as Citigroup and Goldman Sachs.
Issuer Base
With the new hire, HKEX will seek to attract new listings outside of Hong Kong and mainland China, the latter of which has been a major source.
The mainland accounts for around half of the 2,600 listed companies on the exchange and 80 percent of market turnover.
