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Stanley Ho

Former deputy chief Herbert Hui eyes return to exchange

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Enoch Yiu

Old hand confirms he is considering running for board election, and may face three other challengers

Herbert Hui Ho-ming, a former deputy chief executive of the stock exchange, could soon be back on his old turf if he gets elected to the exchange's ruling board.

Sources told the South China Morning Post yesterday that Mr Hui, chairman of the Hong Kong Institute of Directors, might stand in the elections for directors next month after gaining support from listed companies, directors and academics.

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Contacted by the Post, Mr Hui said: 'I am considering whether I should run for the [Hong Kong Exchanges and Clearing] director elections as I always believe one should contribute to society and to the public.'

Mr Hui would be contesting two vacancies with at least three other candidates, including Lawrence Ho Yau-lung, son of casino magnate Stanley Ho Hung-sun, broker Dannis Lee Jor-hung and shareholder activist David Webb.

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If Mr Hui and Mr Ho become contenders, their race would be one of the most hotly contested in recent years, as in the past two years just two directors ran for two positions.

Mr Ho, the chairman of the Hong Kong Chamber of Listed Companies, last week confirmed he was considering running in the election.

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