moomoo ID:NaN
Log Out
Log in to access Online Inquiry

China Motor Bus Appoints Telecom Industry Veteran as New CEO

MT Newswires ·  {{timeTz}}

01:59 AM EST, 11/26/2021 (MT Newswires) -- China Motor Bus (HKG:0026) named telecom industry veteran and former employee Jacky Yung as its new chief executive officer, effective Jan. 3, 2022.

Once the appointment takes effect, Tat Yuen will cease to be acting CEO but will remain as chief accountant, according to a late Thursday disclosure.

Yung was the company's head accountant from 1988 to 1995. He left for China Mobile (HKG:0941), where he served as assistant finance chief for over seven years.

He then transferred to China Telecom (HKG:0728) and held the deputy CFO position there for a decade.

Yung is joining property developer China Motor Bus from China Unicom (HKG:0762), where he has been serving as corporate secretary since November 2015.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.