On the move



Hong Kong Exchanges and Clearing has appointed Kevin King as head of risk management. He replaces Stewart Shing, who was previously acting head of risk management and head of clearing, a position he retains. King has 30 years' experience in corporate finance, risk management advisory services, and exchange and clearing house risk management, most recently as Stockholm-based head of risk management at Nasdaq OMX Derivatives Markets. Meanwhile, Paul Chow has agreed to extend his contract as the

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