Shenzhen bourse in tech pact with PSX

Shenzhen Stock Exchange (SZSE) and Pakistan Stock Exchange (PSX) signed an agreement on Tuesday to provide the latter with a new trading and surveillance system, a start for China's securities technology system to go global.

According to the agreement, SZSE will combine its latest technology products and Pakistani capital market's development characteristics to formulate PSX's new technology structure.

Sulaiman S Mehdi, chairman of PSX, expressed confidence that the initiative will go a long way in the development of Pakistani capital markets and in improving the overall investment climate.