Chinese strategic investors in the Pakistan Stock Exchange (PSX) have expressed strong confidence in Pakistan’s capital markets and welcomed recent reforms undertaken by the Securities and Exchange Commission of Pakistan (SECP) under the leadership of Chairman Dr Kabir Ahmed Sidhu.
Letter of Appreciation
In a letter addressed to the SECP chairman following a recent meeting with the Chinese Investor Consortium, You Hang (Harry), Executive Vice President of China Financial Futures Exchange (CFFEX), thanked the SECP leadership for its constructive engagement and support in resolving key strategic matters concerning Pakistan’s capital market infrastructure.
Acknowledgment of Reforms
The Chinese investors acknowledged SECP’s role in addressing long-pending issues, including approvals related to the restructuring of PSX assets and enhancement of PSX’s strategic shareholding in the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company of Pakistan (CDC). The consortium noted that these measures bring Pakistan’s market infrastructure closer to international standards and strengthen the long-term development prospects of the capital market.
Commitment to Cooperation
The Chinese side reaffirmed its commitment to expanding cooperation with Pakistan and expressed optimism about the future growth of the country’s capital markets. The consortium highlighted that the recent reforms and policy support have created a positive environment for deeper engagement by Chinese institutional investors.
Future Plans
The investors also conveyed their intention to work closely with SECP, market institutions and regulators in both countries to explore new avenues for collaboration, including the introduction of innovative investment products, enhanced market connectivity and greater participation of Chinese investors in Pakistan’s financial markets.
Impact on Pakistan’s Economy
The development reflects growing international confidence in Pakistan’s capital market reforms and underscores the strengthening financial cooperation between Pakistan and China. It is also expected to support greater foreign portfolio investment, improved market depth and broader investor participation in the years ahead. Separately, the National Assembly approved Rs270.5 billion demands for grants as the government defended its budget.
