ISLAMABAD: Chinese investors have expressed strong confidence in Pakistan’s capital markets, commending the Securities and Exchange Commission of Pakistan (SECP) for its investor-friendly reforms and efforts to strengthen the country’s financial market infrastructure.
In a letter addressed to SECP Chairman Dr Kabir Ahmed Sidhu, the Executive Vice President of the China Financial Futures Exchange (CFFEX), Yu Hong, praised the commission’s proactive regulatory approach and its role in facilitating greater Chinese investment in Pakistan.
The Chinese consortium acknowledged the SECP’s effective handling of key regulatory and strategic issues related to the Pakistan Stock Exchange (PSX), Central Depository Company (CDC) and National Clearing Company of Pakistan Limited (NCCPL), noting that recent reforms would further enhance market development and boost the confidence of international investors.
The investors also reaffirmed their commitment to expanding their presence in Pakistan by exploring the introduction of new investment products at the PSX, including the potential launch of cross-border Exchange Traded Funds (ETFs). They described the recent resolution of several long-pending strategic matters under Dr Sidhu’s leadership as a positive milestone for Pakistan’s capital market and expressed optimism about its future growth.
