ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China and India take battle for influence to Dhaka stock market

Bangladeshi bourse's 25% stake offer highlights regional economic rivalry

NEW DELHI -- China and India are vying to invest in Bangladesh's stock exchange, a battle that has implications for the two regional powerhouses' rivalry in South Asia.

The Dhaka Stock Exchange plans to sell 25% of its shares. On one side is a consortium of the Shenzhen and Shanghai stock exchanges. Ranged against them is a consortium made up of India's National Stock Exchange, Nasdaq of the U.S. and others. The exchange will select one of the groups as its preferred bidder on Monday, at the earliest, and submit a report to the Bangladeshi Securities and Exchange Commission for approval of the sale.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more