Women on Boards
Percentage of Women on Hang Seng Index (HSI) Boards
1 July 2022
Women make up 17.1% HSI board constituents as of 1 July 2022, this represents an increase of 1.4% from 15.7% in April 2022.
Companies with at least one female director
- Jul 2022
- Apr 2022
- Jul 2021
- Jan 2021
Companies with multiple female directors
- Jul 2022
- Apr 2022
- Jul 2021
- Jan 2021
Companies with female executive directors
- Jul 2022
- Apr 2022
- Jul 2021
- Jan 2021
Companies with female CEOs
- Jul 2022
- Apr 2022
- Jul 2021
- Jan 2021
Companies with all-male boards
- Jul 2022
- Apr 2022
- Jul 2021
- Jan 2021
1 July 2022
Progress towards gender diversity on HSI boards is revealed by various indicators. Compared to April 2022, the number of companies with at least one female director has risen from 55 to 62, increasing by 6.6%. Meanwhile, companies with multiple female directors have also increased from 30 to 34, an increase of 3.8%. The rise in the number of companies with female directors may be explained by the increase in HSI constituents.
Women on Boards League Table: HSI
Most eventful
- % Women
- 31.25%
- Board Size
- 16
- No. of Women
- 5
- Stock Code
- 1113
- Chairperson
- Li, Victor Tzar Kuoi 李澤鉅
- Female Directors
- Hung, Katherine Siu Lin 洪小蓮; Kwok Lee, Eva 郭李綺華; Pau, Ezra Yee Wan 鮑綺雲; Sng, Sow Mei 孫潘秀美; Woo, Grace Chia Ching 吳佳慶
- % Women
- 21.42%
- Board Size
- 14
- No. of Women
- 3
- Stock Code
- 3988
- Chairperson
- Liu, Liange 劉連舸
- Female Directors
- Chen, Chunhua (1964) 陳春花, Wang, Xiaoya 汪小亞, Xiao, Lihong 肖立紅
- % Women
- 20%
- Board Size
- 10
- No. of Women
- 2
- Stock Code
- 2020
- Chairperson
- Ding, Shizhong 丁世忠
- Female Directors
- Wang, Jiaqian 王佳茜; Xia, Lian (1978) 夏蓮
- % Women
- 20%
- Board Size
- 15
- No. of Women
- 3
- Stock Code
- 2318
- Chairperson
- Ma, Mingzhe 馬明哲
- Female Directors
- Cai, Xun (1975) 蔡潯; Cai, Fangfang 蔡方方; Tan, Jessica Sin Yin 陳心穎
- % Women
- 18.18%
- Board Size
- 11
- No. of Women
- 2
- Stock Code
- 992
- Chairperson
- Yang, Yuanqing 楊元慶
- Female Directors
- Wang, Cher Hsiueh Hong 王雪紅; Yang, Lan (1968) 楊瀾
- % Women
- 16.66%
- Board Size
- 6
- No. of Women
- 1
- Stock Code
- 9618
- Chairperson
- Liu, Richard Qiangdong 劉強東
- Female Directors
- "Gruosi Scheufele, Caroline 蕭漫姬 "
- % Women
- 14.28%
- Board Size
- 14
- No. of Women
- 2
- Stock Code
- 939
- Chairperson
- Tian, Guoli 田國立
- Female Directors
- Liu, Fang (1973-07) 劉芳; Shao, Min 邵敏
- % Women
- 12.5%
- Board Size
- 8
- No. of Women
- 1
- Stock Code
- 941
- Chairperson
- Yang, Jie (China Mobile) 楊杰
- Female Directors
- Leung Ko, Margaret May Yee 梁高美懿
- % Women
- 11.11%
- Board Size
- 9
- No. of Women
- 1
- Stock Code
- 968
- Chairperson
- Lee, Yin Yee (1952) 李賢義
- Female Directors
- Leong, Sharon Chong Peng 梁仲萍
- % Women
- 11.11%
- Board Size
- 9
- No. of Women
- 1
- Stock Code
- 288
- Chairperson
- Wan, Long 萬隆
- Female Directors
- Zhou, Hui (1962) 周暉
- % Women
- 10%
- Board Size
- 10
- No. of Women
- 1
- Stock Code
- 883
- Chairperson
- Wang, Dongjin 汪東進
- Female Directors
- Wen, Dongfen 溫冬芬
Top 10
- % Women
- 66.66%
- Board Size
- 12
- No. of Women
- 8
- Stock Code
- 11
- Chairperson
- Lee, Irene Yun Lien 利蘊蓮
- Female Directors
- Cesar, Diana Ferreira 施穎茵; Chiang, Lai Yuen 蔣麗苑; Chung, Cordelia (LSHK:1985-03) 鍾郝儀; Gan, Kathleen Chieh Huey 顏杰慧; Lee, Irene Yun Lien 利蘊蓮; Lin, Huey Ru 林慧如; Wang, Xiao Bin (1968-01) 王小彬; Wong Lam, Patricia Sze Wan 黃林詩韻
- % Women
- 42.85%
- Board Size
- 7
- No. of Women
- 3
- Stock Code
- 1876
- Chairperson
- Craps, Jan Eli B. 楊克, Doukeris, Michel Dimitrios
- Female Directors
- Barrett Beimdiek, Katherine; Tsang, Katherine King Suen 曾璟璇; Yang, Marjorie Mun Tak 楊敏德
- % Women
- 33.33%
- Board Size
- 12
- No. of Women
- 4
- Stock Code
- 5
- Chairperson
- Tucker, Mark Edward 杜嘉祺
- Female Directors
- Buckingham, Geraldine Joyce 鮑哲鈺; Duan, Rachel 段小纓; Fairbairn, Carolyn Julie 范貝恩; Murray, Eileen (1958-03-07) 梅愛苓
- % Women
- 33.33%
- Board Size
- 12
- No. of Women
- 4
- Stock Code
- 1378
- Chairperson
- Zhang, Bo (China Hongqiao) 張波
- Female Directors
- Sun, Dongdong (1976) 孫冬冬; Wong, Yuting 王雨婷; Zhang, Ruilian 張瑞蓮; Zheng, Shuliang 鄭淑良
- % Women
- 33.33%
- Board Size
- 15
- No. of Women
- 5
- Stock Code
- 6862
- Chairperson
- Zhang, Yong (1970) 張勇
- Female Directors
- Gao, Jie (1980) 高潔; Liu, Linyi 劉林毅; Song, Qing (1981) 宋青; Yang, Hua (1983) 楊華; Yang, Lijuan (1978-09) 楊利娟
- % Women
- 31.25%
- Board Size
- 16
- No. of Women
- 5
- Stock Code
- 1113
- Chairperson
- Li, Victor Tzar Kuoi 李澤鉅
- Female Directors
- Hung, Katherine Siu Lin 洪小蓮; Kwok Lee, Eva 郭李綺華; Pau, Ezra Yee Wan 鮑綺雲; Sng, Sow Mei 孫潘秀美; Woo, Grace Chia Ching 吳佳慶
- % Women
- 30.76%
- Board Size
- 13
- No. of Women
- 4
- Stock Code
- 2
- Chairperson
- Kadoorie, Michael David 米高嘉道理
- Female Directors
- Gaw, Christina 吳燕安; Law Fan, Fanny Chiu Fun 羅范椒芬; Mody, Zia 穆秀霞; Tan, May Siew Boi 陳秀梅
- % Women
- 30.76%
- Board Size
- 13
- No. of Women
- 4
- Stock Code
- 388
- Chairperson
- Cha Shih, Laura May Lung 史美倫
- Female Directors
- Cha Shih, Laura May Lung 史美倫; Cheung, Anna Ming Ming 張明明; Chow Woo, Susan Mo Fong 周胡慕芳; Leung, Nisa Bernice Wing Yu 梁穎宇
- % Women
- 30%
- Board Size
- 10
- No. of Women
- 3
- Stock Code
- 175
- Chairperson
- Li, Shu Fu 李書福
- Female Directors
- Gao, Jie (1975) 高劼; Lam, Jocelyn Yin Shan 林燕珊; Wei, Mei 魏梅
- % Women
- 28.57%
- Board Size
- 14
- No. of Women
- 4
- Stock Code
- 1177
- Chairperson
- Tse, Theresa Y Y (1992) 謝其潤
- Female Directors
- Cheng, Cheung Ling 鄭翔玲; Li, Mingqin 李名沁; Lu, Hong (1969) 魯紅; Tse, Theresa Y Y (1992) 謝其潤
1 July 2022
Several changes in the rankings are observed. Notably, WH Group Limited (KY) stood at the 43rd place with its first female appointment on the board, whilst Bank of China Limited dropped eleven places to 18th place.
Companies which do not have female directors
1 July 2022
The number of companies with all-male boards has declined significantly from eleven to seven as of July 2022, six of the seven boards have not had a female director historically. Additionally worth noting is that there were no new Heng Seng Index constituents with all-male boards during the latest reporting period.
1 July 2022
There have been 30 new appointments since April 2022, this consisted of twelve new females, accounting for 40% of total new appointments, a marked increase of 7.7% since April 2022.
-
-
Lin, Huey Ru 林慧如
Appt: 01/07/2022Hang Seng Bank Ltd 恒生銀行有限公司 -
Wong Lam, Patricia Sze Wan 黃林詩韻
Appt: 01/07/2022Hang Seng Bank Ltd 恒生銀行有限公司 -
Zhou, Hui (1962) 周暉
Appt: 1/6/2022WH Group Limited (KY) 萬洲國際有限公司 -
-
Leong, Sharon Chong Peng 梁仲萍
Appt: 2/6/2022Xinyi Solar Holdings Limited 信義光能控股有限公司 -
Wang, Cher Hsiueh Hong 王雪紅
Appt: 20/6/2022Lenovo Group Limited 聯想集團有限公司 -
Wu, Guizhen 武桂珍
Appt: 27/5/2022CSPC Pharmaceutical Group Limited 石藥集團有限公司 -
Kwok Lee, Eva 郭李綺華
Appt: 20/5/2022CK Asset Holdings Limited (KY) 長江實業集團有限公司 -
Sng, Sow Mei 孫潘秀美
Appt: 20/5/2022CK Asset Holdings Limited (KY) 長江實業集團有限公司 -
Xia, Lian (1978) 夏蓮
Appt: 1/7/2022ANTA Sports Products Limited 安踏體育用品有限公司 -
Cai, Xun (1975) 蔡潯
Appt: 1/7/2022HAIDILAO INTERNATIONAL HOLDING LTD. 海底撈國際控股有限公司
1 July 2022
There were twelve new female directors appointed across ten companies over the last three months. Notably, Xinyi Solar Holdings Limited 信義光能控股有限公司 appointed Leong, Sharon Chong Peng 梁仲萍, their first-ever female appointment.
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/2000px-flag_of_norway.svg_.png?itok=lxZZhD6d)
Norway
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/uk_flag.jpg?itok=wJgYA3hz)
United Kingdom
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/255px-flag_of_australia_converted.svg_.png?itok=u3jW6cgu)
Australia
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/1280px-flag_of_canada.svg_.png?itok=1GGvukFg)
Canada
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/0_o0-6o1w1dkmi5lbx.png?itok=BHwpq9FA)
United States
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/1949_malaya_flag_proposal_3.svg_.png?itok=2T7OLgeC)
Malaysia
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/2000px-flag_of_new_zealand.svg_.png?itok=HM0v_TQW)
New Zealand
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/255px-flag_of_singapore.svg_.png?itok=bbyjph-R)
Singapore
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/255px-flag_of_india.svg_.png?itok=Sg780vea)
India
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/2000px-flag_of_hong_kong.svg_.png?itok=dIowJfzi)
Hong Kong
![](https://www.communitybusiness.org/sites/default/files/styles/thumbnail/public/1280px-flag_of_japan.svg_.png?itok=yl1KYCEf)
Japan
1 July 2022
As of 1 July 2022, many key economies have made steady progress in gender diversity on boards. These include Australia, Canada, Norway, Singapore, United Kingdom and United States.
- Women make up 17.1% of the board seats on HSI – representing a slight increase compared to 15.7% in April 2022.
- Nearly half of the new appointments have been made to women in the past quarter – a marked increase of 7.7% compared to three months ago.
- Seven out of 69 boards are all male, making up 10.1% of the total. This compares to 16.7% in the first quarter of the year.
While this positive development may offer a glimmer of hope, Hong Kong is by no means on par with other advanced economies. Most of the markets studied record a steady increase of at least 1% year-on-year, compared to the 1.4% increase recorded in HSI after two years of stagnation. It is especially alarming that Hong Kong currently lags behind the rest of Asia, with the exception of Japan and India. Community Business supports the 30% Club’s aspirational target of 25% female representation on boards of listed companies by 2025, and 30% within six years which should be then mandated by quotas if these targets are not met.
To speed up progress in Hong Kong, imposing a mandated quota could be the way forward. Admittedly, this measure is no panacea as it may undermine meritocratic appointments. But as we continue to see stagnation despite years of advocacy, a stronger push might just be what the city needs.