Chinese bourses receive strategic investment proposal from CSE

Dhaka,  Tue,  25 July 2017
Published : 10 Jul 2017, 21:14:31
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Chinese bourses receive strategic investment proposal from CSE

FE Desk


China Financial Futures Exchange (CFFEX) and Shanghai Stock Exchange (SSE) recently received strategic investment proposal from Chittagong Stock Exchange (CSE), said a statement.

 A delegation of CSE visited China to place the offer.

CSE Managing Director M. Shaifur Rahman Mazumdar and Director Major (Retd.) Emdadul Islam met China Financial Futures Exchange (CFFEX) and Shanghai Stock Exchange (SSE) separately in Shanghai.

The delegation offered both CFFEX and SSE for Strategic Investment in Chittagong Stock Exchange as per regulatory requirement of Bangladesh.

They discussed on bilateral issues and mutual co-operations between CSE and Chinese exchanges.   

The CSE delegation had a meeting with Dr. Zhang Shenfeng, the chairman of China Financial Futures Exchange (CFFEX), and Dr. Zhang Peng, Director of International Business Department. The chairman of CFFEX evinced his keen interest to know existing features and potentials of Bangladesh capital market.

CFFEX had also shown their interest to evaluate the proposal of CSE regarding strategic investment.

The CSE team had another meeting with SSE President Mr. Huang Hongyuan and Mr. Harry, Director of International Business Development Department. They discussed about faster growth rate of Bangladesh Economy, its GDP, overall development and also the untapped opportunities in Bangladesh capital market.

The President of Shanghai Stock Exchange (SSE) informed the CSE team to place strategic investment proposal in their Board.
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