Pakistan and China Strenghten Capital Market Ties

Pakistan and China have agreed to boost capital market cooperation. A high-level Pakistani delegation, led by SECP Chairman Akif Saeed, visited China to strengthen ties between the two countries’ capital markets. The delegation signed MoUs with the Shanghai Stock Exchange, Shenzhen Stock Exchange, and China Financial Futures Exchange. These agreements aim to enhance market access and investor participation for both Pakistani and Chinese entities. The MoUs mark a significant milestone in strengthening cooperation between the Pakistan Stock Exchange (PSX) and leading Chinese exchanges. The visit also included meetings with key Chinese financial institutions, such as the China Securities Regulatory Commission. Finance Minister Aurangzeb emphasized Pakistan’s commitment to economic reforms and credit rating upgrades during a meeting with Hongta Securities in Beijing. Pakistan is working to diversify its financial options and deepen engagement with global and Chinese institutional investors. The cooperation is expected to unlock new opportunities, strengthen economies, and deepen financial ties between the two countries. This development is seen as a major step forward in Pakistan-China economic relations. Both countries are committed to further strengthening their strategic partnership. The agreements will likely have a positive impact on Pakistan’s economic growth and development