Kenneth Lau lost Jockey Club election race

Kenneth Lau Ip-keung has lost in a rare race among eight candidates jockeying for seven seats in Hong Kong Jockey Club's board of steward election on Thursday.

The steward election saw competition for the first time in 20 years, with four incumbent members seeking re-election and four newcomers, including Lau, highly contested for the seven seats.

Anita Fung Yuen-mei, a former group General Manager of HSBC Holdings; Ann Kung Yeung Yun-chi, former Deputy Chief Executive of Bank of China (Hong Kong); and solicitor Jackson Woo Ka-biu, were elected.

The four seeking re-election have also won.

They are Executive Council member and legislator Martin Liao Cheong-kong; former PwC Asia Pacific chairman Silas Yang Siu-chun; KPMG regional senior partner in Hong Kong and vice chairman in China Andrew Weir; and M+ Museum board chairman Bernard Charnwut Chan.