How Belt and Road is transforming frontier market bourses

China’s acquisition of strategic stakes in three Belt and Road stock exchanges kicks off a fundamental shift in equities trading patterns.

Over the past year and a half, China has purchased strategic stakes in three stock exchanges at key junctures along the Belt and Road as it seeks to solidify its economic, political and financial relationships with their respective countries Bangladesh, Kazakhstan and Pakistan.

It started with the Rs8.96 billion $85.47 million acquisition of a 40% stake in the Pakistan Stock Exchange PSE in January 2017. This was followed by the purchase of a 25.1% stake in Kazakhstan prospective Astana International Exchange AIX for an undisclosed sum six months later.

Most recently, China has acquired a 25% stake in the Dhaka Stock Exchange DSE for BDT9.9 billion...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222