Chinese investors eager to invest $2 billion in Pakistan Stock Exchange

Chinese stockholders are ready to invest $2 billion in Pakistan Stock Exchange (PSX). PSX Chairman Sulaiman Mehdi stated that during a meeting with Chinese investors in China, brokers have expressed keen interest in investing $2 billion in PSX due to Pakistan's modest stock market. Chinese shareholders would need regulatory authorisation from their regulators to invest in Pakistan, Chairman Mehdi said and suggested that government should pay attention to this proposal. He spoke about the recent deal signed between PSX and Shenzhen Stock Exchange (SZSE) for the purchase of $2.85 million trading and surveillance systems which would make PSX a more advanced trading market competitive to the rest of regional stock exchanges.