Hong Kong’s old boys club is living on borrowed time
Hong Kongs cozy all-male boards have been put on notice. Rules that could become effective within months will force them to appoint at least one woman director. Its an overdue change that may go some way to bolstering the citys dented status as an international financial center.
The territory is an embarrassing laggard in the worldwide trend toward greater gender diversity. The proportion of female directors in Hong Kong companies that are constituents of MSCIs flagship global equity index grew…
