Can Hong Kong end all-male boards?

Critics and defenders of Hong Kong’s low level of board diversity have lined up as new rules mandating the end of all-male boards by January 2025 begin to impact listed firms. “Let’s not be hypocrites. In the majority of cases, Hong Kong corporates are for diversity on paper but not in practice,” Yoo-Kyung Park, Asia head for sustainable investing and governance for APG, a Dutch pension fund, told AsianInvestor. “I don’t like seeing [emphasis on diversity] in their annual report…