It is rumored that Ma Shiheng will not continue as the chairman of the MTR until the e

The MTR suddenly announced today that trading will be temporarily suspended at 1:00 pm, pending the publication of inside information announcements.Hong Kong 01 quoted sources as saying that Ma Siheng, the current non-executive chairman of the board of directors, will not continue to serve after his term expires at the end of this year.

Before the suspension of trading, the stock rose to 42.8 yuan, up 0.58%, with a turnover of 34.64 million yuan.The stock will resume trading at 9:00 am tomorrow.

The 66-year-old Ma Shiheng served as a former non-executive director of MTR from 2002 to 2007, and has been an independent non-executive director of MTR since 2013. He is currently the chairman of the nomination committee of the board of directors.After the scandal of high-speed rail project delays and overruns broke out, Ma Si-hang was appointed as the chairman of the committee investigating high-speed rail delays in 2014.

On July 7, 2015, the government announced the appointment of Ma Shiheng to succeed Qian Guofeng as the chairman of the board of directors of the MTR Corporation starting from January 1, 2016, with a term of 3Year, to December 31, 18.

Ma Si-hang was born in the business world. In 2002, he gave up his annual salary of tens of millions. He was introduced by the then Financial Secretary, Leung Kam-sung, as the Secretary for Financial Services and the Treasury. He took office less than a month ago, but due to the penny stock incident, he became the first under the accountability system to bow to the public.Apologize to officials; after the change of government, he was transferred to the Secretary for Commerce and Economic Development, but in 2008, he resigned on the grounds of suffering from venous vascular malformation.