OREANDA-NEWS.The Listing Nominating Committee of The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), reminds potential candidates for its Listing Committee that the period for submitting applications for nomination to the committee will close on 15 January 2016.

As announced on 9 November 2015, the Listing Nominating Committee is seeking applications from individuals interested in serving on the Main Board's Listing Committee and the Growth Enterprise Market (GEM) Listing Committee1.  Appointments will be for a term of approximately 12 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 so everyone 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.  The Listing Nominating Committee is 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).  Applicants should have an understanding of the Listing Rules and the context in which listing decisions are made.

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.