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SECP Chairman Leads Delegation to China for Capital Market Collaboration

SECP Chairman Leads Delegation to China for Capital Market Collaboration

December 18, 2024
0

The outcomes are expected to mutually benefit

the capital markets of both nations, paving the

way for enhanced cross-border investments

Business Reporter

Islamabad: A high-level delegation, led by Securities & Exchange Commission of Pakistan (SECP) Chairman Mr. Akif Saeed, is visiting China to explore market development opportunities and discuss mutual interests.

The delegation includes prominent figures such as Mr. Abdul Rehman Warraich, SECP Commissioner; Ms. Musarat Jabeen, SECP Executive Director; Mr. Farrukh H. Sabzwari, Managing Director of the Pakistan Stock Exchange (PSX); Dr. Shamshad Akhtar, Chairperson of the PSX Board; and Mr. Muneer Kamal, Chairperson of the National Clearing Company of Pakistan Limited (NCCPL).

During the visit, the delegation is engaging with leading Chinese capital market institutions, including:

  • China Securities Regulatory Commission (CSRC)
  • Securities Association of China (SAC)
  • China Securities Depository and Clearing (CSDC)
  • Asset Management Association of China (AMAC)
  • Major Chinese exchanges like the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), Shanghai Futures Exchange (SHFE), and China Financial Futures Exchange (CFFEX).

The discussions focus on:

  • Strengthening collaboration between Pakistani and Chinese capital markets.
  • Exploring cross-border investment opportunities.
  • Enhancing market access and investor participation for both countries.
  • Sharing best practices in financial market regulation and development.
  • Identifying future capacity-building initiatives and collaborative projects.

This visit highlights Pakistan’s commitment to strengthening economic and financial ties with China. The outcomes are expected to mutually benefit the capital markets of both nations, paving the way for enhanced cross-border investments and growth.

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