HKEX to ask all listed companies to include at least one female board member by 2024

Photographer: Justin Chin/Bloomberg

Xiaomi and Meituan may be world leaders when it comes to smartphones or online shopping, but China’s top companies are falling behind in a global movement to shake up all-male boardrooms.

Now, Hong Kong’s stock exchange is moving to change what critics deride as corporate China’s “boys’ club” by requiring that its more than 2,500 listed companies have at least one female board member by 2024.

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