A Chinese consortium has expressed strong confidence in Pakistan’s economic landscape and unveiled plans to enhance investments in the structure of the national capital market.
The Securities and Exchange Commission of Pakistan (SECP) today granted the necessary regulatory approval, allowing the consortium to increase its shareholding in the Central Depository Company and the National Clearing Company. This step not only highlights the strong economic ties between China and Pakistan but also marks a significant moment for Pakistan’s financial markets.
During a recent visit, a Chinese delegation thanked SECP Chairman Dr. Kabir Saduzai for swiftly resolving those regulatory issues that previously hindered investment growth. The consortium plans to introduce advanced trading and settlement technologies in the stock exchange, aiming to enhance market liquidity and expand the range of available financial products, including the introduction of exchange-traded funds (ETFs).
Meanwhile, significant structural changes are underway at the Pakistan Stock Exchange. By establishing a separate entity for its property management activities, the exchange intends to focus more on trading activities and the introduction of modern products. These developments are part of ongoing efforts to launch cross-border ETFs between Pakistan and China, for which a joint task force is actively working.
SECP Chairman Dr. Kabir Saduzai has warmly welcomed these expansion plans and assured full support for promoting Chinese investment in Pakistan’s financial markets, providing a conducive environment for growth and innovation.