A high-level delegation from Pakistan’s capital markets, led by Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, recently embarked on a week-long visit to China to strengthen ties between the two nations’ financial sectors. The delegation met with prominent Chinese financial institutions, including the China Securities Regulatory Commission (CSRC) and the China Securities Depository and Clearing Corporation, aiming to foster greater collaboration.
The visit focused on exploring new opportunities for cross-border investment products, enhancing market access, and boosting investor participation from both Pakistani and Chinese entities. One of the key outcomes of the trip was the signing of several Memorandums of Understanding (MoUs) between the Pakistan Stock Exchange (PSX) and major Chinese exchanges. PSX CEO Farrukh H Sabzwari signed MoUs with the Shanghai Stock Exchange, Shenzhen Stock Exchange, and the China Financial Futures Exchange.
These agreements mark a significant step forward in deepening the economic relationship between Pakistan and China, particularly in the financial markets. By formalizing partnerships with leading Chinese exchanges, Pakistan seeks to open new avenues for investment, bolster liquidity, and integrate further into global capital markets.
This enhanced cooperation reflects the growing financial ties between the two nations, paving the way for expanded economic collaboration and cross-border investments. As both countries continue to explore new avenues for mutual growth, these developments could serve as a catalyst for broader regional economic integration.
NEWS DESK
PRESS UPDATE