{"id":33385,"date":"2022-09-09T05:34:40","date_gmt":"2022-09-09T08:34:40","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33385"},"modified":"2026-04-23T05:02:13","modified_gmt":"2026-04-23T08:02:13","slug":"hk-jockey-club-appoints-michael-lee-as-chairman","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hk-jockey-club-appoints-michael-lee-as-chairman","title":{"rendered":"HK Jockey Club appoints Michael Lee as chairman"},"content":{"rendered":"\n

The Hong Kong Jockey Club has announced that Michael T H Lee will be the new chairman of the club while Eric Li Ka Cheung will be deputy chairman.<\/p>\n\n\n\n\n\n\n\n

Hong Kong.- The Hong Kong Jockey Club (HKJC) has appointed Michael T H Lee <\/strong>as chairman.\u00a0He will replace Philip N L Chen <\/strong>who stepped down from the board of stewards at the conclusion of the annual general meeting after having served 16 years as a club steward, the past two as chairman.<\/p>\n\n\n\n

Lee has previously served as director of Oxer Holdings Limited and is currently a non-executive director of Hysan Development Company Limited, an Independent non-executive director of Chen Hsong Holdings Limited and a steward of The Hong Kong Jockey Club.\u00a0Eric Li Ka Cheung has been appointed as Deputy Chairman.\u00a0<\/p>\n\n\n\n

After the board meeting, Lee said \u201cI am truly honoured to take up the leadership of The Hong Kong Jockey Club. With our world-class racing attracting even more fans across the globe and the very bright prospects ahead for the equine industry in the Greater Bay Area, this is a very exciting time for the Club.<\/p>\n\n\n\n

“Equally, the Club remains strongly committed to its purpose \u2013 the Betterment of our Society. With the pandemic still posing a major challenge, we will work even harder to help those in need.\u201d<\/p>\n\n\n\n

In July, the HKJC appointed\u00a0Michael Fitzsimons<\/a>\u00a0as executive director for wagering products. He will lead and drive the club\u2019s wagering business, with responsibility for\u00a0horse racing and football wagering\u00a0<\/strong>and the\u00a0Mark 6 lottery.\u00a0<\/strong>He will also lead the international commingling business and China Sports Lottery cooperation development.<\/p>\n\n\n\n

The HKJC has recently shared its financial results for the 2021\/22 season<\/a> and posted a turnover of HK$140bn (US$17.8bn)<\/strong>. That figure represented a rise of 3 per cent when compared to the previous season, despite the ongoing challenges due to the Covid-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong Jockey Club has announced that Michael T H Lee will be the new chairman of the club while Eric Li Ka Cheung will be deputy chairman.<\/p>\n","protected":false},"author":176,"featured_media":9734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Hong Kong Jockey Club (HKJC) has appointed Michael T H Lee as its new Chairman and Eric Li Ka Cheung as Deputy Chairman, succeeding Philip N L Chen. This leadership transition follows a strong financial performance for the 2021\/22 season, with a turnover of HK$140bn, and strategic initiatives focusing on wagering products, international commingling, and expansion within the Greater Bay Area and China Sports Lottery cooperation.","focusai_entities":"The Hong Kong Jockey Club, Michael T H Lee, Eric Li Ka Cheung, Philip N L Chen, Oxer Holdings Limited, Hysan Development Company Limited, Chen Hsong Holdings Limited, Michael Fitzsimons","focusai_location":"Hong Kong, Greater Bay Area, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), product_ux (0.7), marketing_crm (0.75), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR Growth?","query":"How will the new leadership's strategic focus on the Greater Bay Area and China Sports Lottery cooperation impact the HKJC's Gross Gaming Revenue (GGR) trajectory in the coming fiscal years?"},{"label":"Regulatory Implications?","query":"What are the potential regulatory compliance and governance framework implications for the HKJC's expanded international commingling and China Sports Lottery cooperation under the new leadership?"}],"footnotes":""},"categories":[157,16338],"tags":[22317],"class_list":["post-33385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-hong-kong-jockey-club"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=33385"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33385\/revisions"}],"predecessor-version":[{"id":33388,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33385\/revisions\/33388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9734"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}