DSE has potential to be a top bourse in Asia: SZSE Deputy director

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Economic Reporter :
Dhaka Stock Exchange (DSE) has potential to be one of the top ranking stock exchanges in Asia by the year 2041 and as a strategic partner Shenzhen Stock Exchange (SZSE) has started preparing a working plan to support Bangladesh premier bourse in a comprehensive way for its development, said a top official of SZSE.
“We are not looking for immediate returns from our partnership with the DSE, rather we are looking for capacity building and experience sharing. SZSE is using a consultative approach on how it can support DSE in a very comprehensive way,” said Liu Fuzhong, Vice Director of the International Department of SZSE.
“During our visit to Bangladesh, we saw a great enthusiasm in Bangladesh about their cooperation between the two countries,” said Fuzhong when a 13-member media delegation of Bangladesh visited the SZSE office in China recently and had a view-exchange meeting with SZSE officials. He said so far they have got a very positive response from the DSE and the Bangladesh government and the Chinese consortium may bring Chinese investors to Bangladesh so that the market liquidity is improved. “We are working more in a fundamental level,” he said. Capital market is one of the means for supporting growth for a rapidly growing country like Bangladesh, he said, adding that capacity building is very much crucial alongside improvement in internal management and the SZSE had already an initial dialogue with DSE.
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