Hong Kong's Financial Services and the Treasury Bureau announced that the Financial Secretary, under authority delegated by the Chief Executive, has appointed five new members and reappointed seven serving members to the Advisory Committee of the Securities and Futures Commission (SFC) for a two-year term running from June 1, 2025 to May 31, 2027. New appointees are Mr Vincent Chui Yik-chiu, Mr Lam Chi-ki, Ms Elisa Ng Ka-li, Ms Katherine Ng Kit-shuen and Mr Xu Tao, while reappointed members are Professor Cai Hongbin, Dr Jia Hongrui, Ms Li Tong, Mr Phillip Meyer, Ms Fion Ng Siu-mui, Mr Tse Yung-hoi and Mr Harold Wong Tsu-hing. The Government thanked outgoing members Ms June Wong Wai-man and Mr Wilfred Yiu Ka-yan, and reiterated that the committee, established under Section 7 of the Securities and Futures Ordinance, advises the SFC on policy matters related to its regulatory objectives and functions; alongside the 12 appointed members, it also includes the SFC Chairman, Chief Executive Officer and two Executive Directors.