Listing Review Committee

The Listing Review Committee acts for the Exchange as an independent body to hear reviews of decisions made by the Listing Committee. It consists entirely of outside market participants with no current Listing Committee members or representatives of the Securities and Futures Commission or HKEX.

CONSULTATION

Consultation Paper on Review Structure in relation to Listing Committee Decisions

Consultation Conclusions on Review Structure in relation to Listing Committee Decisions

PROCEDURES

Disciplinary Procedures – Listing Review Committee

DECISIONS

Listing Review Committee decisions

MEMBERS OF CHAIRMEN POOL (IN ALPHABETICAL ORDER)

EMSLEY Matthew Calvert

Age	56
Date of appointment	10 July 2026
Other major offices	Herbert Smith Freehills Kramer – Partner (2008~)
Past offices	Herbert Smith Freehills Kramer – Trainee (1998 – 2000) and Associate (2000 - 2008)
Qualifications	Solicitor (Hong Kong / England and Wales) Intensive Chinese Language Course (Zhejiang University, China) Legal Practice Course (College of Law, UK) Bachelor of Laws (Honours) (University of Nottingham, UK)

LAU Pak Wai, David

Age	55
Date of appointment	4 July 2025
Other major offices	J.P. Morgan – Vice Chair, Investment Banking, Asia Pacific, & Head of Asia Healthcare Investment Banking (2004~)
Past offices	The Securities and Futures Commission – Senior Manager, Corporate Finance Department (2003 – 2004) Hong Kong Stock Exchanges & Clearing Ltd. – Manager, Listing Division (2002 – 2003) J.P. Morgan – Associate (1995 – 2002)
Public service	Process Review Panel for the SFC – Member (2024~) The Chief Executive Policy Unit (CEPU) Expert Group – Member (2023~) SFC Committee on Real Estate Investment Trusts – Member (2023~) The University of Hong Kong – Council Member (2021~)
Qualifications	Bachelor of Arts, Business Economics (UCLA, USA)

WEIR Andrew Walter Bougourd Ross MBE JP

Age	61
Date of appointment	8 July 2022
Past offices	KPMG – Global Chairman of Real Estate and Construction (2012 – 2024), Global Chairman of Asset Management (2019 – 2024), Global Financial Services Steering Group (2019 –2024), Regional Senior Partner, Hong Kong, Vice Chairman, China (2012 – 2023), Head of China/ Hong Kong Capital Markets (2014 – 2017)
Public service	Financial Services Development Council – Vice Chairman (2023~); Council Member (2016~) and Convenor of the Corporate Governance Committee (2016~) Steward of Hong Kong Jockey Club (2021~) ICAEW Council – Deputy Chairman (2020~), Global Council Member (2022~) Institute of Directors – Council Member (2019~) Pacific Basin Economic Council – Chairman (2016~) Hong Kong Trade Development Council – Council Member (2016~ 2022); Member of the Belt and Road & Greater Bay Area Committee (2016~), Chair of Global Belt and Road Forum (2016~)
Qualifications	Fellow (Hong Kong Institute of Certified Public Accountants) Fellow (Institute of Chartered Accountants in England and Wales) Fellow (Institute of Directors) Chartered Accountant (London) BA (Hons) in Economics (University of Leicester, UK) MA in Development Economics (University of Leicester, UK)

YU Benita

Age	62
Date of appointment	9 July 2021
Other major offices	Slaughter and May – Senior Partner (2022~), Partner (1996~)
Public Service	Securities and Futures Commission – Deputy Chairman (2021~) and Member of the Takeovers and Mergers Panel (2005~), Member of Takeovers Appeal Committee (2005~) and Alternate Member of Nominations Committee (2021~) The Hong Kong Chartered Governance Institute – Fellow and Member of the Technical Consultation Panel and Chairman of the Company Law Interest Group (2016~)
Qualifications	Solicitor (Hong Kong and England and Wales) Bachelor of Arts (Jurisprudence), Master of Arts (Oxford University, UK)

OTHER MEMBERS (IN ALPHABETICAL ORDER)

CASSIDY Hannah Estelle

Age	44
Date of appointment	4 July 2025
Other major offices	A&O Shearman (Hong Kong) – Partner (2026 ~)
Past offices	Herbert Smith Freehills Kramer (Hong Kong) – Partner, Head of Financial Services Regulatory, Asia (2017 – 2025) Herbert Smith Freehills (London and Hong Kong) – Various Roles (Senior Associate, Associate and Trainee Solicitor) (2006 – 2017)
Qualifications	Bachelor of Arts (Hons) in French (University College London) Solicitor (Hong Kong, England and Wales)

CHAN Chiu Kong, Edmond

Age	60
Date of appointment	5 July 2024
Other major offices	PricewaterhouseCoopers – Partner, Hong Kong Capital Market Services (2002~)
Qualifications	Bachelor’s degree in Commerce (University of New South Wales, Australia) Certified Public Accountant (Hong Kong) Member (CPA Australia)

CHAN Kok Chung, Johnny

Age	66
Date of appointment	10 July 2026
Other major offices	Hong Kong Cyberport Management Company Limited – Chief Investment Officer (2018~) Accounting and Financial Reporting Council – Non-Executive Director and Member of Disciplinary Committee and Finance and Corporate Affairs Committee (2024~) HSBC Provident Fund Trustee (Hong Kong) Limited – Chairman (2020~) Hangzhou SF Intra-city Industrial Co., Ltd. (listed on The Stock Exchange of Hong Kong Limited) – Independent Non-executive Director (2021~) NetEase Inc., – Independent Non-executive Director (2025~) CNQC International Holdings (listed on The Stock Exchange of Hong Kong Limited) – Independent Non-Executive Director (2016~) Quantinuum K.K. (Japan) – Independent Director (2019~) Repton International School Limited – Director for Asia (2014~) Softech Investment Management Company Limited – Chief Investment Officer and Responsible Officer (2000-2019) Techpacific Capital Limited – Founder and Director (1999~)
Past offices	Ministry of Finance, Kingdom of Thailand – Advisor (2016-2018) JAIC-CROSBY Investment Management Company Limited – Chief Investment Officer (2005-2018) Crosby Asset Management (Hong Kong) Limited – Chairman and CIO (2002-2016)
Public service	Hong Kong Monetary Authority – Member of Exchange Fund Advisory Committee, Investment Subcommittee and Governance Subcommittee (2025~) Securities and Futures Commission – Member of Securities and Futures Appeals Tribunal (2025~) and Market Misconduct Tribunal (2023~) Global Venture Capital Congress – Chairman (2024~) HK Venture Capital & Private Equity Association – President and Executive Director (2011~)
Qualifications	Bachelor of Arts, Hons in Economics (London Metropolitan University) Master of Business Administration (Bayes Business School, City, University of London) Postgraduate Diploma (Securities Institute of Australia (now FINSIA))

CHAN Wing Tak, Kevin

Age	59
Date of appointment	5 July 2024
Other major offices	Chinese Banking Association of Hong Kong – Executive Vice President (2016~) Concentric Education Foundation – Founder and CEO (2014~) China Communications Construction Company Limited – Independent Non-executive Director (2022~) Travelsky Limited – Independent Non-executive Director (2022~) Royale Home Holdings – Independent Non-executive Director (2019~)
Past offices	Bank of East Asia – Chief Strategy Officer (2019) KPMG China – Senior Advisor (Banking) (2013 – 2014) CLSA Limited – Head of Hong Kong and China Financial Research (2008 – 2013) Nomura International (HK) Limited – Head of Hong Kong and China Research (1998 – 2008) ING Barings – Assistant Director, Equity Research (1997 – 1998) Citigroup Capital Markets – Vice President and Regional Economist (1994 – 1997) HSBC Asset Management – Economist (1990 – 1994)
Public service	Independent Police Complaints Council – Member (2024~) Our Hong Kong Foundation – Advisor and Member of Development Committee (2024~) HKSAR Government Chief Executive’s Policy Unit – Member (2023~) HKSAR Government Kowloon District Fight Crime Committee – Member (2023~) The Chinese People’s Political Consultative Conference – Member of Guangdong Provincial Committee (2023~) HKSAR Government Election Committee – Member (2021~) Federation of HK Guangxi Community Organization – Member (2013~) Beijing Overseas Friendship Association – Member (2013~)
Qualifications	BSc (Econ) and MSc in Economics (London School of Economics and Political Science, University of London) FCPA (CPA Australia)

CHAN Yuen Shan, Clara

Age	54
Date of appointment	5 July 2024
Other major offices	Lee Kee Holdings Limited – Vice Chairman (2012~), Chief Executive Officer and Executive Director (2006~) Computer and Technologies Holdings Limited – Independent Non–executive Director (2022~)
Public service	World Customs Organization Regional Private Sector Group (Asia Pacific) – Member (2024~) Financial Services and the Treasury Bureau – Member of the Strategic Committee on Commodities (2025~) Financial Services and the Treasury Bureau – Member of the Green Technology and Finance Development Committee (2023~) Accounting and Financial Reporting Council – Non-Executive Director (2025~) Office of the Financial Secretary – Member of the Business Facilitation Advisory Committee (2022~) Independent Commission Against Corruption – Member of the Operations Review Committee (2022~) Federation of Hong Kong Industries – Executive Deputy Chairman (2022~) Labour and Welfare Bureau – Member of the Steering Committee on the Child Development Fund (2021~) The Outward Bound Trust of Hong Kong Limited – Deputy Chair (2020~) Hong Kong Housing Authority – Member of Subsidised Housing Committee (2019~) Hong Kong Young Industrialists Council – President Honoris Causa (2019~)
Qualifications	Master of Social Science degree in Global Political Economy (The Chinese University of Hong Kong)

CHAU Kwok Man Cliff

Age	59
Date of appointment	10 July 2026
Other major offices	ewpartners – Managing Partner (2024~) Shenwan Hongyuan Securities – Independent Director (2026~) SINOPEC Marketing Company – Independent Director (2019~)
Past offices	HOPU Investments – Partner (2012 – 2023) CMH Healthcare Investments – Co-CEO (2019 – 2022) China Investments Corporation – Managing Director and Head of Finance Department (2008 – 2012) KPMG (Beijing) – Partner of Transaction Services Practice (2003 – 2008) KPMG (Los Angeles) – Audit Senior Manager (1993 – 1999)
Qualifications	Certified Public Accountant (State of California) Master of Business Administration (State University of New York) Bachelor of Science in Biochemistry (The Chinese University of Hong Kong)

CHEN Chiu Ming Peter

Age	55
Date of appointment	4 July 2025
Other major offices	Fangda Partners – Partner, Corporate, Hong Kong (2018~)
Past offices	Shearman & Sterling – Partner, Corporate, Hong Kong (2010 – 2018) O’Melveny & Myers – Partner & Counsel, Corporate, Hong Kong (2007 – 2010)
Qualifications	Bachelor of Arts in Political Science (Boston University) Master of Arts (Honors) in Jurisprudence (Keble College, University of Oxford) Professional Certificate of Laws (The University of Hong Kong)

CHU Tat Chee, Allan

Age	51
Date of appointment	8 July 2022
Other major offices	UBS AG - Managing Director, Co-Head of Technology, Media and Telecom, Asia Pacific, Global Banking (2023~)
Past offices	Credit Suisse (Hong Kong) Limited – Managing Director, Head of Technology, Media and Telecom, Asia Pacific, Investment Banking and Capital Markets (2005 – 2009, 2010 – 2023) Alibaba Group – Director, Corporate Finance (2009 – 2010) Telstra Corporation Limited – Manager, Mergers and Acquisitions (2002 – 2003) Wasserstein Perella – Associate, Mergers and Acquisitions (1998 – 2001) Accenture – Analyst, Business Process (1996 – 1998)
Qualifications	Bachelor of Science (Rensselaer Polytechnic Institute, USA) Master of Business Administration (Kellogg School of Management, Northwestern University, USA)

HO Yvonne Yuk Yee

Age	62
Date of appointment	4 July 2025
Other major offices	Cheetah Investment Management Limited – Founder, Managing Director & Head of Group Legal & Compliance (2001~) Courses & Seminars Limited – Founder and Director (2000~)
Past offices	Cheetah Advisors Limited – Legal Consultant and Director (1999 – 2001) Credit Suisse First Boston, Hong Kong – Legal Counsel, Non-Japan Asia & Vice-President (1996 – 1997) Creditanstalt Bankverein, Hong Kong – Legal Counsel & Chief Manager of Investment Banking Division (1996) Clifford Chance, Hong Kong – Senior Solicitor (1994 – 1995)
Qualifications	Juris Doctor (University of British Columbia) Bachelor of Arts (Pomona College, Claremont, California)

HUANG Ying Hui, Grace

Age	54
Date of appointment	4 July 2025
Other major offices	Freshfields – Partner, Global Transactions (2009~)
Past offices	Freshfields – Senior Associate (2006 – 2009) Baker McKenzie – Senior Associate (2004 – 2006) Allen & Gledhill, Singapore – Associate (1998 – 1999), Senior Associate (2003 – 2004) Clifford Chance – Associate (1999 – 2003)
Public service	The Securities and Futures Commission– Member of the Takeovers and Mergers Panel (2026~)
Qualifications	Bachelor of Economics and Bachelor of Laws (Hons) (University of Sydney) Solicitor (Hong Kong, Singapore, England & Wales and New York)

LAI Chi Shing Calvin

Age	55
Date of appointment	10 July 2026
Other major offices	The University of Hong Kong Law School – Lecturer (2025~) Zhou Hei Ya International Holding Limited (listed on The Stock Exchange of Hong Kong Limited) – Independent Non-Executive Director (2026~) Shanghai Aucta Pharmaceutical Co., Ltd. – Independent Non-Executive Director (2026~) Skywalker Group – Member of the Board of Advisors (2025~)
Past offices	Freshfields – Partner (2008 – 2024) Sullivan & Cromwell – Special Counsel (Beijing) (2004 – 2008); Associate (Hong Kong) (1997 – 2000); Associate (New York) (1995 – 1997) Goldman Sachs – Executive Director (2000 – 2004) Hong Kong, China Tennis Association – General Counsel (2024 – 2026); Acting Chief Executive Officer (2025-2026); Chief Operating Officer (2024 – 2026)
Qualifications	Attorney at Law (New York, the United States) Solicitor (Hong Kong SAR) Juris Doctor (University of Pennsylvania Law School) Bachelor of Business Administration (University of Michigan Business School)

LEE John

Age	54
Date of appointment	8 July 2022
Other major offices	UBS AG – Vice Chairman, Co-Head of Asia Country Coverage, Global Banking (2018~)
Past offices	Merrill Lynch (Asia Pacific) Limited – Managing Director, Head of Hong Kong, Macau and Taiwan Coverage, and Vice Chairman, Asia Coverage (1996 - 2017) Bear Stearns Asia Limited – Financial Analyst, Corporate Finance Group, International Investment Banking (1994 - 1996)
Public service	Career Development Advisory Committee for Business Master Programmes at City University of Hong Kong – Committee Member (2025~) The Hong Kong University of Science and Technology – Council Member of the Advisory Council on Career Development (2022~) The Hong Kong-Mainland International Investment Society – Vice Chairman (2015~) Better Hong Kong Foundation – Council Member (2012~)
Qualifications	Bachelor of Business Administration (Southern Methodist University)

LEE Yuen Man, Virginia

Age	47
Date of appointment	7 July 2023
Other major offices	Clifford Chance – Partner (2011~)
Past offices	Clifford Chance – Associate (2006 – 2011) Deacons – Associate (2004 – 2006)
Public service	Securities and Futures Commission – Member of SFC (HKEC Listing) Committee (2022~) and Member of Share Registrars' Disciplinary Committee (2019~)
Qualifications	Practising Solicitor (Hong Kong) Postgraduate Certificate in Laws (University of Hong Kong) Bachelors of Laws and Commerce (University of New South Wales, Australia)

LEUNG Siu Tung, Anthony

Age	58
Date of appointment	4 July 2025
Other major offices	Ernst & Young – Partner; Hong Kong and Macau Assurance Leader and Greater China Deputy Assurance Leader (2002~)
Qualifications	Certified Public Accountant (Hong Kong Institute of Certified Public Accountants) Chartered Accountant (Chartered Accountants Australia and New Zealand) CPA (CPA Australia) Bachelor of Commerce (Griffith University, Australia)

LIU Che Ning

Age	60
Date of appointment	8 July 2022
Other major offices	The Hongkong and Shanghai Banking Corporation Limited (listed on The Stock Exchange of Hong Kong Limited) – Vice Chair, Corporate and Institutional Banking (2025~)
Past offices	The Hongkong and Shanghai Banking Corporation Limited (listed on The Stock Exchange of Hong Kong Limited) – Vice Chair, Global Banking (2019 – 2025), Co-Head of Global Banking, Asia-Pacific (2014 – 2019), Head of Global Banking, Hong Kong and Greater China (2009 – 2014) Morgan Stanley – Managing Director and Head of Hong Kong Investment Banking (2001 – 2009); Executive Director, Corporate Finance Division (1998 – 2001); Associate/Vice President, Merger, Acquisition and Restructuring Division (1993 – 1998) Davis Polk & Wardwell – Associate, Corporate & Securities Department, New York and Tokyo (1989 – 1993)
Public service	Chinese People’s Political Consultative Conference – Delegate of Jiang Su Province (2018~)
Qualifications	Bachelor of Arts in Jurisprudence (Oxford University, UK) Master of Laws (Harvard Law School, US)

LO Yin, Yvonne

Age	45
Date of appointment	10 July 2026
Other major offices	Bank of America Securities – Managing Director, Corporate Finance, Asia (2019~)
Past offices	Bank of America Securities – Director (2015 – 2018); Vice President (2012 – 2014); Associate (2009 – 2011); Analyst (2005 – 2008), Corporate Finance, Asia
Qualifications	Bachelor of Laws (The University of Hong Kong) Bachelor of Business Administration (The University of Hong Kong)

LOW Chee Keong

Age	64
Date of appointment	10 July 2026
Past offices	The Chinese University of Hong Kong Business School – Associate Professor in Corporate Law (1992 – 2022)
Qualifications	Advocate and Solicitor (non-practising) (High Court of Malaya) Fellow (Chartered Governance Institute) Fellow (Hong Kong Chartered Governance Institute) Master of Laws (The University of Hong Kong) Postgraduate Diploma in Commercial Law (Monash University) Bachelor of Laws (Monash University) Bachelor of Economics (Monash University)

LUNG Donald Andrew

Age	44
Date of appointment	10 July 2026
Other major offices	Antengene Corporation Limited (listed on The Stock Exchange of Hong Kong Limited) – Chief Financial Officer and Executive Director (2020~)
Past offices	BFAM Partners – Portfolio Manager, Event Driven Equities (2019 – 2020) Myriad Asset Management – Director, Merger Arbitrage / Capital Markets (2017 – 2019) Pine River Capital Management – Director, Asian Event Driven Equities (2012 – 2017) Standard Chartered Bank – Associate Director, Strategic Client Coverage Group (2009 – 2012) Goldman Sachs (Asia) L.L.C., – Associate, Investment Banking Division (2004 – 2009)
Qualifications	Bachelor of Arts in Economics and Political Science (Yale University) Juris Doctor (Chinese University of Hong Kong) Master of Business Administration (Chinese University of Hong Kong)

TRACY Alexandra Jane

Age	59
Date of appointment	5 July 2024
Other major offices	Hoi Ping Ventures – Founder and President (2010~) Financial Services Research Group – Chairman (2021~) RIMM Sustainability Pte Ltd – Director (2021~) Climate Markets and Investment Association – Director (2016~)
Past offices	Carbonless Asia – Head of Research (2023 – 2025) BlueOnion Group – Director (2022 – 2025) Tom Hugh Limited – Chairman (2014 – 2021) First Eastern Investment Group – Vice President (2008 – 2010) Campden Publishing Limited – Director (2002 – 2006) Alexandra Tracy Enterprises – Chief Executive Officer (2001 – 2002)
Public Services	Royal Commonwealth Society, Hong Kong – Chairman (2024~) Friends of the Earth, Hong Kong – Green Finance Advisor (2019~) NDCI.org climate commitment community – Advisor (2016 – 2021) Asia Pacific Investors Cooperation, Hong Kong – Advisory Board Member (2015~) Asian Family Business Research Centre, Hong Kong University of Science and Technology – Advisor (2008 – 2018) Harvard Business School Association of Hong Kong – Director (2006 – 2025)
Qualifications	Master’s Degree in Business Administration (Harvard Business School) Master’s Degree in Medieval Studies (Yale University) Bachelor of Arts in Anglo–Saxon, Norse and Celtic (Cambridge University)

TYE Philip Andrew

Age	64
Date of appointment	5 July 2024
Other major offices	HFL Advisors Limited – Director (2014~) TAMU Pte Ltd – Chairman and Independent Non–Executive Director (2020~)
Past offices	HSBC Institutional Trust Services (Asia) Limited – Independent Non-Executive Director (2017 – 2025) Simble Solutions Limited (listed on the Australian Securities Exchange) – Chairman and Independent Non-Executive Director (2017 – 2020) DragonBack Capital Limited – Managing Director (2007 – 2012) PMA Investment Advisors Limited – Chief Financial Officer (2003 – 2007) Credit Suisse First Boston Hong Kong Limited – Director (1997 – 2003) KPMG Hong Kong – Manager (1995 – 1997)
Public service	Securities and Futures Commission – Member of Takeovers and Mergers Panel and Takeovers Appeal (2020~)
Qualifications	Fellow (Institute of Chartered Accountants in England and Wales) Senior Fellow (Hong Kong Securities and Investment Institute) Fellow (Hong Kong Institute of Directors) Associate Chartered Accountant (Institute of Chartered Accountants in England and Wales) BSc (Hons.) in Biological Sciences (University of Essex, UK)

WONG Lai, Sarah

Age	48
Date of appointment	4 July 2025
Other major offices	Silver Nile Global Investments Corporation – Managing Director (2023~) ENN Energy Holdings Limited – Independent Non-Executive Director (2023~) CIMC Enric Holdings Limited – Independent Non-Executive Director (2023~)
Past offices	Transpac Capital Limited – Partner (2022 – 2023) Guotai Junan International, Hong Kong – Deputy Head of Investment Banking Division (2021 – 2022) BOC International, Hong Kong – Managing Director (2015 – 2021)
Public service	Children Development Centre – Non-Executive Director (2024~)
Qualifications	FCCA (Association of Chartered Certified Accountants) Bachelor of Arts in Accounting (London Metropolitan University)

YIP Florence JP

Age	65
Date of appointment	9 July 2021
Other major offices	HKR International Limited – Independent Non-executive Director (2025~)
Past offices	PricewaterhouseCoopers – Senior Advisor (2021 – 2024)
Public Service	Hong Kong Monetary Authority – Member of the Financial Infrastructure and Market Development Sub-Committee (2023~) Hong Kong Green Finance Association – Co-Lead of the Greater Bay Area Green Finance Alliance Working Group (2023~)
Qualifications	Bachelor’s degree in Computer Science (Imperial College, UK) Chartered Accountant (Institute of Chartered Accountants in England and Wales) Chartered Tax Advisor (Chartered Institute of Taxation, UK) Fellow (Hong Kong Institute of Certified Public Accountants) Member (Taxation Institute of Hong Kong) Registered Accountant (Macau)

YUEN Oi Ying Phoebe

Age	45
Date of appointment	10 July 2026
Other major offices	Sun Hung Kai & Co. Ltd (listed on The Stock Exchange of Hong Kong Limited) – Group Head of Legal & Compliance (2022~)
Past offices	State Street Investment Management – Managing Director, Head of Legal (APAC ex-Japan) and other positions (2012 – 2022) Herbert Smith Freehills Kramer – Senior Associate and other positions (2004 – 2012)
Public service	Chamber of Hong Kong Listed Companies – Member of General Committee (2022~) Solicitors Disciplinary Tribunal Panel – Member (2023~)
Qualifications	Solicitor (Hong Kong SAR) Solicitor (non-practicing) (England and Wales) Postgraduate Certificate in Laws (The University of Hong Kong) Bachelor of Laws (The University of Hong Kong)

YUNG Wen Yee, Wendy

Age	64
Date of appointment	4 July 2025
Other major offices	Practising Governance Limited – Founder (2015~) Vitasoy International Holdings Limited – Independent Non-Executive Director (2024~)
Past offices	Hysan Development Company Limited – Executive Director and Company Secretary (2008 – 2015)
Public service	Queen Mary Hospital/Tsan Yuk Hospital – Co-opted member of the Hospital Governing Committee (2022~)
Qualifications	BA in Jurisprudence (First Class Honours) (Oxford University) Solicitor (Hong Kong) Certified Public Accountant (Hong Kong) Fellow (The Hong Kong Chartered Governance Institute)