News Briefs--(6-9-2018)

Xie Wenhai

DSE board gets director from Chinese partner

The Dhaka Stock Exchange (DSE) has got a new director, Xie Wenhai, from its Chinese strategic partner. Shenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange have become the DSE's strategic investors purchasing 25 per cent stake. The board of directors of the premier bourse at its meeting on Tuesday approved his appointment as director from the strategic investors. Mr. Xie is the deputy director-general, IT Management Committee of Shenzhen Stock Exchange from 2016, and is now responsible for SZSE's IT strategy planning. Mr. Xie joined the SZSE in 1990 and is its founding member of IT system. During his career in SZSE, Mr. Xie held various important positions as director of Southwest Center, director of IT Development Department and director of System Operation Department. From 2009 to 2016, he was the president of Shenzhen Securities Communication Co. (SSCC), a wholly subsidiary and an IT development and supporting arm of the SZSE. Prior to his career in SZSE, he worked for Shenzhen Securities Depository Company for six years and had positions in Clearing Department, Operation Department and Engineering Department. Before that, Mr. Xie worked for Shenzhen Guangshen Food Company and Shenzhen Baohua Electronic Company. — FE Report

Query response

Khulna Power Company Ltd.: In response to a DSE query dated September 04, 2018, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares. — CSE Online