The Hong Kong Stock Exchange and Clearing Limited (HKEX) has announced two major appointments to strengthen its market operations and communication strategy.
Philip Wu will join the Hong Kong Stock Exchange as Managing Director and Head of Trading Operations on 20 October 2025. He will oversee trading operations across the cash and derivatives markets and report to Xu Liang, Head of Operations.
Vanessa Lau, Chief Operating Officer of the Hong Kong Stock Exchange, said: “We are pleased to welcome Philip Wu to the Hong Kong Stock Exchange family. Philip is an experienced senior operating executive who has successfully demonstrated his adaptability and strategic vision in the ever-evolving financial landscape.”
Wu previously served as Managing Director and Group Head of Global Operations at HSBC, and spent 16 years at JPMorgan, rising to the position of Managing Director. He holds a Master’s degree in Economics from the University of Hong Kong and a Bachelor of Arts in Economics and Commerce from the University of British Columbia.
The Hong Kong Stock Exchange has also appointed Sally Kwok to the position of Managing Director, Head of Communications, effective 1 January 2026.
In her new role, Kwok will lead the unified Connect team within the Markets division, bringing together HKEX’s cross-border initiatives across asset classes.
Gregory Yeo, Head of Markets, said: “Connect is one of the group’s most important and successful franchises, and Sally’s vision and expertise will be vital to the next chapter of growth.”
Kwok, who currently serves as co-head of trading, has spent more than 17 years at the Hong Kong Stock Exchange and holds a master’s degree in engineering and computer science from Oxford University.