Pakistan resolved issues faced by Chinese stock investors: SECP chief

Securities and Exchange Commission of Pakistan (SECP) chairman Kabir Ahmed Sidhu said on Tuesday Pakistan had resolved issues faced by Chinese stock market investors, paving the way for “trust lifting” and deepening investment cooperation among capital markets of the two friendly countries.

The development is expected to create an enabling environment for the two countries to go for cross-border listing of Exchange Traded Funds (ETFs) at each other’s stock markets.

The SECP chief further said Pakistan’s parliament had almost completed amendments in laws relating to the insurance sector. The government aims to expand the insurance sector and create competition among the sectoral players, facilitating businesses and households to opt for insurance policies.

Speaking at his maiden visit to Pakistan Stock Exchange (PSX) on Tuesday, Sidhu, who joined SECP in his current position in January 2026, said the commission had held a pleasant meeting with You Hang who is serving as a non-executive director on the board of the PSX being a nominee of the China Financial Futures Exchange (CFFEX).

“We resolved the problem faced with for a very long period of time and hope to go some ways to develop mutual trust and we can develop on it further with the task force that we set up,” Sidhu said.

“I hope we are able to achieve this target, target of trust lifting, the ETFs we talked about and other things we talked about [in the meeting],” he said, adding they would closely monitor related developments on a weekly and a monthly basis.

SECP chief said the competition was lying dead in the insurance sector in Pakistan despite the sector having a big role to play in the domestic economy.

In this regard, the parliament has already gone through the process of amendments in the laws relating to the insurance sector. The move is aimed at attracting more insurance companies, including foreign ones and reinsurance firms and creating competition among them so that they better deliver to insurance policyholders.

“They [the parliament] are only a short while away then it is going to be enacted as a law,” Sidhu said, adding “The outside companies are able to come in, reinsurance companies are able to come in, create more competition in the market and [introduce] diversified products.”

SECP has targeted to increase the number of investors at capital markets e.g. PSX to 2.5 million from close to 600,000 at present, according to SECP chief.

“SECP has recently launched the Capital Market Development Fund (CMDF) in collaboration with leading capital market institutions in the country. The move is aimed at expanding investor base through enhancing financial literacy and strengthening Pakistan capital markets,” he said.