Hong Kong Exchanges and Clearing Limited (HKEX) announced the establishment of a Mainland China Advisory Group (Advisory Group). The Advisory Group comprises senior industry experts with deep China market knowledge and experience, who will act as advisors to the Board of HKEX on the development of China's financial markets and economy. Fred Hu, Chairman, Primavera Capital Ltd; Ma Weihua, former President, China Merchants Bank; and Zhang Lei, Chairman and Chief Executive Officer, Hillhouse Capital Management Group, have been appointed as members of the Advisory Group, which will be chaired by Laura M Cha, HKEX Chairman. Zhang Yichen, HKEX Non-Executive Director, and Nicolas Aguzin, HKEX Chief Executive Officer, will also be members of the Advisory Group, which will meet several times a year. HKEX is also announced the establishment of a new Mainland Markets Panel (Panel) to be chaired by HKEX Chief Executive Officer Nicolas Aguzin. The Panel will comprise industry and market practitioners, who will share knowledge and provide feedback and advice to HKEX on the Group's China business and initiatives through the Panel's regular meetings. Separately, HKEX welcomed Weijian Shan to its International Advisory Council (Council). Mr. Shan is Chairman and Chief Executive Officer of private equity firm PAG Group.