The China-based Shenzhen Stock Exchange is creating a platform which will facilitate access of Chinese capital for Indian fin tech companies and technology based startups.

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The platform will be operated by Shenzhen Securities Information Co. Officials of the exchange, including its Chairman Wu Lijun were in India last week for a roadshow to showcase Indian companies to Chinese investors.

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Economic cooperation of the two most populous countries will form the most competitive production base and most attractive consumption markets. Currently, China is ranked at number 18 in terms of investment in India through the Foreign Direct Investment and only seven, Chinese institutional investors are registered as foreign portfolio investors FPIs.

While the first round of investments will flow from China to Indian companies, the exchange envisages investment flow from India to China. The Securities and Exchange Board of India Sebi in had proposed an exchange platform to allow for such meeting of investors with tech companies.

The platform did not take off due to lack of takers and stricter regulatory requirements.

Shenzhen is not ruling out collaborating with an Indian exchange to facilitate further development of the platform. Home Companies Industry Politics Money Opinion Lounge Multimedia Science Education Sports More Technology Consumer Specials Mint on Sunday.

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