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Is there any legal requirement and legal restriction to be an Independent Non-Executive Directors (INEDS) in Hong Kong. Please provide example or news with current

Is there any legal requirement and legal restriction to be an Independent Non-Executive Directors (INEDS) in Hong Kong. Please provide example or news with current corporate in Hong Kong to support the answer. Furthermore, is there any legal loophole and how to improve it? Please also provide with argumentation and recommendation.

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