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Hong Kong exchange chief receives 55% pay rise

Despite his large pay increase, Charles Li still trails his US peers by some margin

The compensation package of Hong Kong Exchanges and Clearing chief executive Charles Li rose just over 55% to HK$38.3 million ($4.9 million) last year, according to the company's annual remuneration report published yesterday.

Li's total compensation included HK$8.7 million in base salary, a HK$9.4 million cash bonus, HK$18.9 million in share awards, and HK$1.3 million in retirement and other benefits, according to the report. His total compensation in 2012 was HK$24.6 million.

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