Four candidates lead race to succeed HKMA chief


The Hong Kong Monetary Authority (HKMA) could promote one of its three deputies as the next chief executive or appoint an external officer from the city’s securities watchdog, observers have said.

A five-member committee led by Hong Kong’s financial secretary, Paul Chan, is responsible for appointing the next chief executive of the city’s de facto central bank. Incumbent leader Norman Chan will retire in October.

Aside from the three deputy chief executives at the HKMA, Julia Leung, deputy

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