The stock exchange council has approved a plan to add eight members to the Growth Enterprise Market's (GEM) listing committee.
The listing committee will have 21 members if the plan gets the go-ahead from the Securities and Futures Commission.
Lo Ka-shui, the chairman of the GEM working group, said that the exchange was already looking for suitable candidates to fill the positions.
'We need to enlarge the GEM listing committee to ensure there will be a sufficient number of members to handle issues,' Mr Lo said.
'Committee members will always be busy, and we want to ensure the panel's continuity.' A council member said the stock exchange was expecting to receive a large number of GEM listing applications.
The council appointed the 13-member listing committee last week, paving the way for companies to begin the application process for a listing.