The Dhaka Stock Exchange (DSE) was thrust into the limelight in 2018 when it announced its intention to sell a 25% stake to a Chinese consortium made up of the Shenzhen and Shanghai stock exchanges, pending regulatory approval.
The Bangladeshi bourse’s announcement raised eyebrows in the region, mainly because the Chinese prevailed over a consortium from India, which has a historically tricky relationship with Beijing. India’s consortium included the National Stock Exchange in partnership with Nasdaq and local private equity firm Frontier Bangladesh. As The Banker went to press, the Bangladesh Securities and Exchange Commission (BSEC) was still reviewing the Chinese bid for final approval.
