Hong Kong Exchanges and Clearing's board has approved a three-year contract extension for Group CEO Bonnie Chan, with the renewed term running from March 1, 2027 to February 28, 2030, after receiving approval from the Securities and Futures Commission under Hong Kong's Securities and Futures Ordinance. HKEX said Chan's renewed contract carries a base salary of HK$12 million, plus discretionary performance bonuses and share awards subject to remuneration committee recommendation and board approval. Chan, who became Group CEO and Executive Director on March 1, 2024, is HKEX's first female CEO since the group's merger and listing in 2000. HKEX Chairman Carlson Tong said Chan has led strategic planning and execution since taking office, while the exchange highlighted record revenue and profit, the September 2024 rollout of Severe Weather Trading, expansion of eligible securities under Stock Connect, and new derivatives including 5-year China government bond futures during her tenure. The extension comes as HKEX continues reforms aimed at strengthening Hong Kong's role as a gateway between mainland China and international markets amid intensifying competition among global exchanges.