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Listing Nominating Committee seeks applications for nomination to the Listing Committee

Regulatory
28 Mar 2006

The Listing Committee and the Growth Enterprise Market (GEM) Listing Committee[1] play an important role in the Hong Kong listing regime and the Hong Kong market. Members make a significant personal contribution to public service and to the success of Hong Kong’s development as a leading international finance centre. 

Commencing May 2006 the Listing Committee will be expanded to at least 28 members including the Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEx) who is an ex-officio member, at least eight appointed investor representatives and nineteen appointed members who are a balance of representatives of the industry. The appointed members of the Listing Committee will include some current Listing Committee members who have served less than six years, to provide an element of continuity. Many, however, will be new members.

The Listing Nominating Committee is now seeking applications from individuals interested in serving on the Listing Committee. Appointments will be for a term of approximately twelve months commencing in May 2006.

In order to achieve an appropriate balance of membership, the Listing Nominating Committee is particularly interested in receiving applications from individuals who would be able to represent the views of investors. For example, such individuals would include, but not be limited to, buy-side fund managers (who may also be considered as industry representatives) and other individuals directly involved in making investment decisions for their own account or on behalf of third parties. Most importantly, however, applicants should have an understanding of the Listing Rules and the context in which listing decisions are made.

For information about the role of the Listing Committee and its mode of operation, please refer to the Listing Committee’s Annual Report for 2005 which may be found at http://www.hkex.com.hk/eng/listing/listcomrpt/Documents/AnnualRpt2005.pdf.  The Listing Committee meets at least weekly and members are generally expected to attend half of the regular meetings in addition to some special meetings such as quarterly policy meetings, disciplinary meetings and review meetings.  

Applications may be made by letter and must be accompanied by a resume. Applications should be submitted to the Secretary to the Listing Nominating Committee on or before Tuesday 11 April 2006. They should be marked confidential and delivered to Richard Williams, Secretary to the Listing Nominating Committee, 11/F, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong, or by email to LNCSecretary@hkex.com.hk, or by facsimile to 2295 4806. Applications will be treated in strict confidence. Personal data provided will only be used for the purpose of application for appointment to the Listing Committee.


[1]  The Listing Committee and the GEM Listing Committee have operated as an integrated committee since 2003. References to the Listing Committee include the GEM Listing Committee.

Updated 28 Mar 2006