China’s Hottest Companies Are Ruled by All-Male Boards
- Top EV, e-commerce names don’t have any female directors
- Investors call for tougher diversity requirements in Hong Kong
Photographer: EschCollection/Stone
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Warren Buffett-backed carmaker BYD Co., Nike-rival ANTA Sports Products Ltd. and Nasdaq-listed retailer JD.com are all emblematic of the global heft of China’s companies. The Chinese giants have another thing in common: None of them have women on their boards.
All-male boardrooms have long been common at stodgy state-owned Chinese enterprises, but they are also a fixture in many of the nation’s entrepreneurial young companies, spanning industries like e-commerce and electric vehicles that are investor favorites. That’s left the nation with the dubious distinction of being one of the worst places for boardroom gender diversity.