Pakistan And China Eye Capital Market Collaboration to Attract Investment

SECP hosted a workshop in Karachi to explore potential collaboration between Pakistan and China’s capital markets. The event aimed to leverage the experience of financial market veterans and foster deeper connections between the two nations’ financial sectors.

SECP Chairman Akif Saeed led the workshop, which brought together a diverse group of Pakistani financial experts. Participants included SECP Commissioner Abdul Rehman Warraich, senior SECP management, and representatives from capital market infrastructure institutions, brokerage houses, banks, insurance companies, and asset management companies.

Discussions centered on strengthening links between the Pakistani and Chinese capital markets, with a particular focus on attracting Chinese investment to Pakistan. Specific ideas included exploring cross-listings, where companies could list their shares on both the Pakistani and Chinese stock exchanges. Establishing joint ventures between Chinese firms and their Pakistani counterparts was another suggestion. Additionally, creating Exchange Traded Funds (ETFs) specifically for Chinese investors was proposed to provide them with easier access to Pakistani stocks.

The workshop went beyond just attracting investment and addressed broader market development goals. Participants discussed the need for improvements to Pakistan’s capital market infrastructure and continuous digital transformation. Expanding the investor base in Pakistan’s stock market and achieving greater international financial integration were also highlighted as key objectives.

Raising public awareness about the stock market and fostering stronger connections between capital markets and the real economy were additional areas emphasized during the workshop. This collaborative effort signifies Pakistan’s commitment to attracting foreign investment and developing a robust domestic capital market.

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