trending Market Intelligence /marketintelligence/en/news-insights/trending/rtmizmf8_5yvxkcvo-lkbq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Shanghai bourse seeks to buy stake in Pakistan Stock Exchange

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

Internet Traffic Spikes By One Third In March

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

COVID-19’s Impact on the Capital Markets: Identifier Issuance for Municipal Securities Sinks, but Corporate Requests Stable


Shanghai bourse seeks to buy stake in Pakistan Stock Exchange

The Shanghai Stock Exchange is seeking to buy up to a 40%stake in the Pakistan Stock Exchange, TheNikkei Asian Review reported Oct. 2, citing Ayyaz Afzal, director at a unitof the Pakistani bourse.

The Chinese bourse has submitted the letter of intent toacquire a stake in the PSX, which was established in January as a result of the merger of thestock exchanges of Lahore, Karachi and Islamabad.

In addition to the Shanghai bourse, the PSX received aletter of intent from a stock exchange in the Middle East, the official said,adding that the bourse could receive additional letters of intent by December.

The Nikkei report came months after PSXChairman Muneer Kamal had said in March that the bourse to bring in one or moreinternational stock exchanges as strategic investors in the next six months.Later in May, a media report said the bourse received interest from the stock exchanges of Qatar andTurkey and other investors for a potential stake.

Afzal suggested that an announcement about the strategicinvestor in PSX could be made before March 2017.

A Shanghai Stock Exchange source declined to comment but didnot deny submission of a letter of intent, the publication reported.