When executives from the Stock Exchange of Thailand gather in Bangkok next weekend to meet dozens of Thai investors, they will be taking a small but important step towards a new era for Asian capital markets.
The meeting will be the first in a series of “roadshows” in coming months designed to sell the merits of a concept long in the making but whose promise has often seemed doubtful: a regional stock market linking the main exchanges of the Association of Southeast Asian Nations.
Investors will sit through presentations selling the “Asean Stars”, made up of the top 30 stocks on Bursa Malaysia, and the Thai and Singaporean exchanges.
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