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HKEx CEO gets backing of chairman amid report on 'princeling' hirings

According to the Wall Street Journal, Mr Li recommended that JPMorgan Chase employ the children and associates of Chinese officials while he was chairman of JPMorgan China from 2003 to 2009.

Hong Kong

THE chairman of Hong Kong Exchanges and Clearing (HKEx) has backed company chief executive Charles Li following a Wall Street Journal report linking Mr Li to hiring practices at his former employer JPMorgan Chase & Co that are being investigated.

In a statement issued...

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