The Listing Nominating Committee is now seeking applications from individuals interested in serving on the Listing Committee and the Growth Enterprise Market (GEM) Listing Committee¹.  Appointments will be for a term of approximately twelve months commencing in July 2016.  Similar to last year, the Listing Nominating Committee will interview short-listed candidates before appointments are made.

In addition to applications received in response to this news release, the Listing Nominating Committee will consider reappointing existing Listing Committee members who have served for less than the maximum term of six years prescribed by the Listing Rules.  Unsuccessful applications from previous years have not been retained.  Any such applicant wishing to be considered for appointment this year should submit an application.

Listing Committee members 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.

The Listing Committee comprises at least 28 members including: the HKEx Chief Executive who is an ex-officio member; at least eight appointed investor representatives; and 19 appointed members who are a balance of representatives of the industry.

In order to achieve an appropriate balance of membership, the Listing Nominating Committee is therefore particularly interested in receiving applications from individuals who would be able to represent the views of investors, listed issuers and market practitioners (including lawyers, accountants, corporate finance advisers and Exchange Participants).  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 2014.

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.  HKEx offers a fixed annual fee of $100,000 for regular Committee members, $125,000 for the Deputy Chairmen and $150,000 for the Chairman on account of attendance at and preparation for regular, policy, disciplinary and review meetings.

Applications should be submitted on or before 15 January 2016.  Applicants selected for interview will be notified in the first quarter of 2016.

Applications for nomination to the Listing Committee may be made by letter and must be accompanied by a resume.  They should be marked confidential and delivered to David Graham, 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 2812-2862.  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.

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