Source:
https://scmp.com/business/companies/article/2024692/shanghai-stock-exchange-eyes-stake-pakistans-main-bourseCompanies
Shanghai Stock Exchange eyes stake in Pakistan’s main bourse
Shanghai’s stock exchange is among bidders for a stake of up to 40pc in the Pakistan Stock Exchange
The Pakistan Stock Exchange. Photo: Bloomberg
The Shanghai Stock Exchange (SSE) has emerged as a bidder for an up to 40 per cent stake in Pakistan’s main stock exchange, a deal which could reflect the first major overseas investment by a Chinese stock exchange.
An official with the Pakistan Stock Exchange (PSX) told the Post via phone on Monday that the Shanghai bourse was among one of the potential buyers in formal talks with the state-owned exchange. But he would not confirm details relating to the size of the investment under discussion or whether there were limits on the amount of foreign investment into the nation’s main equity trading platform.