Addressing a press conference on Friday, PSX Chairman Sulaiman S Mehdi said that Chinese brokers have an asset management fund of some $ 52 billion including some $ 10-12 billion of stock fund.
“As Pakistan’s stock market is currently cheaper than other competitive equity markets and offering a dividend yield of over 6%, Chinese brokers, during a meeting last week in China, expressed interest in investing $ 2 billion in different shares at PSX,” he added.
