B Mirror Desk : The Dhaka Stock Exchange (DSE) and Shenzhen Stock Exchange have been asked by Khandaker Rashed Maqsood, Chairman of the Bangladesh Securities and Exchange Commission (BSEC), to take the appropriate steps to entice Chinese investors to invest in Bangladesh’s stock market.

During a meeting on Tuesday (April 29) with a delegation from DSE’s strategic partners, the Shanghai Stock Exchange and the Shenzhen Stock Exchange, the BSEC Chairman made this proposal. Among others, Farzana Lalarukh, DSE Chairman Mominul Islam, BSEC Commissioner Md. Ali Akbar, and other officials attended the meeting at the BSEC headquarters.

During the meeting, Khandaker Rashed Maqsood stated: “We take this cooperation very seriously and view the partnership between the Dhaka Stock Exchange and the Shenzhen Stock Exchange as a friendship. China and Bangladesh working together can lead to a lot of advancement possibilities. In addition to calling for collaborative efforts in IT infrastructure, risk management, partner coordination, and product development, he recommended carrying out a thorough gap analysis between the DSE and the Shenzhen Stock Exchange.

The Shenzhen Stock Exchange’s Deputy Director General, Wang Hai, stated that a new opportunity for Chinese investment in Bangladesh has arisen in the post-COVID age. He also expressed confidence that the two nations’ stock market relationships will continue to grow. The purpose of the gathering was to plan a cross-border road show so thatthe Shenzhen Stock Exchange agrees to provide necessary support and cooperation.

During the meeting, DSE Chairman Mominul Islam also spoke on long-term planning and collaboration between the two nations’ governments and investment institutions. Coordinated efforts by all stakeholders were emphasized in order to enhance Bangladesh’s capital market and draw in Chinese investors.