Victor Fung, chairman of trading group Li & Fung, is also among the 10 people appointed to the taskforce, to be chaired by Donald Tsang, Hong Kong chief executive. David Burton, head of the International Monetary Fund in Asia Pacific, will attend the first meeting next Monday.
The formation of the group came amid dramatic volatility in the local stock market. The Hang Seng index rose 14.4 per cent to 12,596.29, its biggest percentage gain in more than a decade. The market sank 12.7 per cent on Monday.
The committee's launch also came a day after the Hong Kong Monetary Authority, the territory's central bank, intervened in the foreign exchange market twice as demand for the local currency surged.
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