Independent stock commentator David Webb has passed away at the age of 60

Independent stock commentator and former director of Hong Kong Exchanges and Clearing (00388.HK) David Webb passed away yesterday (13th) at the age of 60. His family announced the news through the social platform Substacks, stating that family, friends, and supporters will miss him, and they hope to respect the family's privacy during this difficult time. Hong Kong Exchanges and Clearing expressed deep sorrow and noted that during Webb's tenure as an independent non-executive director, he was committed to enhancing market transparency and actively played the role of an independent director, contributing to corporate governance and market development.

Webb was born in 1965 in London, England, and studied mathematics at the University of Oxford. He worked as an investment banker and also served as a consultant for KPMG. In 1998, he founded Webb-site.com, actively monitoring the securities market and frequently attending shareholder meetings of listed companies to question corporate management. Webb was also elected as a director of Hong Kong Exchanges and Clearing and was appointed by the Securities and Futures Commission as a member of the Takeovers and Mergers Panel. In 2020, Webb publicly announced that he had been diagnosed with prostate cancer and gradually concluded the operations of his website