Mar 2026
Mini survey on AGMs (2026)
Around 140 listed companies joined our 4th annual AGM mini- survey, with over 35 Hang Seng Index companies (including 78% of those based in HK/Macao). We very much appreciate the support from our growing community.
Survey findings:
– Majority: “physical” meetings
– “Hybrid” meetings: majority with e-voting (beyond webcast)
– Vast majority: NOT proposing director fee rise
– Continual board refreshment (9- year INEDs): (where due for rotation) majority have only some OR none of such INEDs standing for re-election
– Board evaluation 2026 in planning: internal (50%), external (13%), TBC (37%)
– Meeting logistics: majority have refreshment/or souvenir/or both
This time, we also cover board evaluation under the revised HKEX Corporate Governance Code.
When compared with the last survey, there are continual signs of board refreshment. In terms of meeting format, the majority plan to have physical meetings. However, for “hybrid meetings”, a majority opt for e-voting (beyond webcast).



