Chinese consortium wins bid for 40% stake in PSX

Chinese consortium wins bid for 40% stake in PSX

KARACHI: A Chinese consortium has won the bid for a 40% stake in the Pakistan Stock Exchange (PSX) with an amount of Rs8.96 billion or roughly $85.5 million, translating to Rs28 per share.

PSX among top ten capital markets of the world

The consortium comprises the Shanghai Stock Exchange, Shenzhen Stock Exchange, Chinese Futures Exchange, Pak-China Investment Company and Habib Bank Limited.