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China owns THIS much stake in Pakistan Stock Exchange, data reveals amid US-China deal

China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…

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Pakistan stock market: Karachi stock exchange crashes 6% after India’s Operation Sindoor

India-Pakistan conflict: The Pakistan stock market took a significant hit on Wednesday, May 7, as investors reacted to India’s overnight strikes on nine terrorist sites in Pakistan and Pakistan-occupied Kashmir, carried out under ‘Operation Sindoor’. Pakistan’s main stock market index, the Karachi-100, plunged by 6,272 points (5.5%) during early trading on Wednesday, hitting a low…

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