KARACHI: Chinese strategic investors in the Pakistan Stock Exchange (PSX) have expressed strong confidence in Pakistan’s capital markets and welcomed recent reforms by the Securities and Exchange Commission of Pakistan (SECP), according to a press release on Wednesday.
In a letter to SECP Chairman Dr Kabir Ahmed Sidhu, following a meeting with the Chinese Investor Consortium, Executive Vice President of China Financial Futures Exchange (CFFEX) You Hang (Harry) thanked the regulator for its engagement and support in resolving key strategic matters concerning Pakistan’s capital market infrastructure.
The Chinese investors acknowledged the SECP’s role in addressing long-pending issues, including approvals for the restructuring of PSX assets and for enhancing PSX’s strategic shareholding in the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company of Pakistan (CDC). The consortium said these measures bring Pakistan’s market infrastructure closer to international standards and strengthen long-term development prospects.
The Chinese side reaffirmed its commitment to expanding cooperation with Pakistan and expressed optimism about the future growth of the country’s capital markets, noting that recent reforms and policy support have created a favourable environment for deeper engagement by Chinese institutional investors.
The investors also conveyed their intention to work closely with the SECP, market institutions and regulators in both countries to explore new avenues for collaboration, including innovative investment products, enhanced market connectivity and greater participation of Chinese investors in Pakistan’s financial markets.
