Hong Kong Exchanges & Clearing Limited announced the appointment of Mr. Paul Michael Kennedy as the Group Chief Financial Officer effective 8 May 2013. Mr. Kennedy will report to HKEx's Chief Executive and be a member of HKEx's Management Committee. As the Group Chief Financial Officer, Mr. Kennedy will head the Finance Division and assume full responsibility for the financial and treasury functions of the HKEx group. Most recently, since November 2012, Mr. Kennedy has been serving as a Special Adviser to HKEx's Chief Executive with a focus on financial matters, including the integration of London Metal Exchange.

Hong Kong Exchanges & Clearing Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue and turnover of HKD 2,005 million against HKD 1,647 million a year ago. Revenue and other income was HKD 2,222 million against HKD 1,875 million a year ago. Operating profit was HKD 1,437 million against HKD 1,362 million a year ago. EBITDA was HKD 1,553 million against HKD 1,391 million a year ago. Profit before taxation was HKD 1,386 million against HKD 1,343 million a year ago. Profit attributable to shareholders was HKD 1,158 million or HKD 1.01 diluted and basic per share against HKD 1,148 million or HKD 1.06 diluted and basic per share a year ago. Net investment income was HKD 216 million against HKD 227 million a year ago. Net assets per share were HKD 15.52 as on March 31, 2013 against HKD 15.48 as on December 31, 2012. The increase in profit attributable to shareholders was mainly due to HKD 185 million of net profit contributed by the LME business that was offset partly by higher finance costs, depreciation and amortisation.

Hong Kong Exchanges & Clearing Limited announced the Government's appointment of Howard Lee as a member of the company's Risk Management Committee (RMC). Mr. Lee, who is currently Executive Director (Corporate Services) of the Hong Kong Monetary Authority, will become Executive Director (Monetary Management) of the HKMA with effect from 1 May 2013. As a result, Mr. Lee will succeed Edmond Lau as a member of the RMC with effect from May 1, 2013.