• Deadline for application to serve on Listing Committee extended to 18 April 2018
• Committee includes eight investor and 19 industry representatives
• Candidates from emerging and innovative sectors, including biotech, particularly welcome

The Listing Nominating Committee of The Stock Exchange of Hong Kong Limited, a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has extended the application period for nominations to the Listing Committee to 18 April 2018 from 2 April 2018 to provide more time for applications from potential candidates. The Listing Nominating Committee is seeking applications from individuals interested in serving on the Listing Committee and the GEM Listing Committee¹. Appointments will be for a term of approximately 12 months commencing in June or July 2018.

In addition to applications received in response to this news release and related news release(s) issued previously, 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, so those 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 Hong Kong’s securities market.  Members make a significant personal contribution, through their public service, to the success of Hong Kong’s further development as a leading international financial 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 interested in receiving applications from individuals who would be able to represent the views of investors, listed issuers and market practitioners.  HKEX has recently launched initiatives that aim to attract listings of companies from innovative and emerging sectors.  For this reason, the Listing Nominating Committee would be particularly interested in receiving applications from persons with experience and expertise in these sectors, including the biotech sector.

For information about the role of the Listing Committee and its mode of operation, please refer to the Listing Committee Report 2017.  

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 18 April 2018.  Applicants selected for an interview will be notified during the second quarter of 2018.

Applications for nomination to the Listing Committee may be made by letter and must be accompanied by a CV.  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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