In December of 2016, China Financial
Futures Exchange (CFFEX), together with Shanghai Stock Exchange (SSE),
Shenzhen Stock Exchange (SZSE), Pak China Investment Company Limited and
Habib Bank Limited, as a consortium, won the bid to purchase 40% of the
stake in Pakistan Stock Exchange. CFFEX and the other two exchanges
together will hold 30% of Pakistan Stock Exchange’s shares.
Pakistan
Stock Exchange is the only national stock exchange in Pakistan formed
by consolidation of Karachi, Islamabad and Lahore stock exchanges.
Pakistan Stock Exchange offers trading in stocks, bonds and derivatives
Products.
The
investment is conducive to broadening of the economic and financial
cooperation between China and Pakistan and facilitates the
implementation of the Belt and Road Initiative and China-Pakistan
Economic Corridor Project. The investment puts new contents in the
traditional friendship between China and Pakistan. Under the premise of
controllable risks, the Consortium will implement the follow-up of
equity acquisition in line with the principle of equality, cooperation,
mutual benefit and win-win.
What We Can Offer
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