For the time being, the government would redefine functions and responsibilities of each stock exchange, ensure no overlapping in operations.

Encouraging FDI firms to list locally would help supervise their performance as the companies would be managed by not only local authorities but also investors, shareholders, and the local stock exchanges.

Under the prime minister’s plan on restructuring the stock market and the insurance market until 2020, with a vision towards 2025, all commercial banks are required to float shares before 2020.

More than half of the overseas inflow came via ETFs.

PwC’s analysis showed that opportunities for cash release from working capital in the fiscal year 2018 would be more than US$11 billion.