“Different countries were interested in our stock exchange,” reminisces former Securities and Exchange Commission chairman Khalid Mirza. “I met a representative, who I will not name, in Karachi. He was willing to come here, but under one condition: he will provide the system.” Last week, Pakistan Stock Exchange (PSX) implemented the new trading system that was procured from the Shenzhen...
Hong Kong stocks declined for a second day with tech firms leading losers as the Chinese Communist Party kicked off a key meeting in Beijing under a cloud of economic slowdown. The Hang Seng Index retreated 0.4 per cent to 24,763.77 at the close of Monday trading. The Hang Seng Tech Index slid 1.3 per cent, while China‘s Shanghai Composite Index added...

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