Published
06/08/2026, 18:02Aida Chodulova, CEO of the Kyrgyz Stock Exchange, presented the investment potential of Kyrgyzstan’s stock market at the international forum ‘FEAS Days in China’, which is taking place from 7 to 10 June in Shanghai.
During the session dedicated to Central Asia, the head of the exchange spoke about the development of the republic’s capital market, the digitalisation of the exchange’s infrastructure and new instruments for attracting investment.
According to Aida Chodulova, the Kyrgyz Stock Exchange is currently developing as a multifunctional financial institution. In addition to the corporate securities market, the exchange is actively working with government bonds and bills, as well as developing the commodities and raw materials sector. One of the key projects is the launch in 2026 of a national mechanism for digital exchange trading in precious metals.
The Kyrgyzstan precious metals market attracted particular interest from forum participants. As noted by the KSE, gold mining accounts for around 60% of the country’s exports, and Kyrgyzstan is among the five countries most actively building up their gold reserves. Kyrgyzaltyn acts as the market maker on the new trading platform.
The forum also presented the results of developments in ESG financing. The volume of sustainable bond placements in Kyrgyzstan reached $14.9 million by the end of 2025.
The KSE noted that, as part of the reforms, the Ministry of Finance of the Kyrgyz Republic has become the exchange’s key shareholder with a 62.17% stake. The exchange is currently modernising its digital platforms, preparing to launch a foreign exchange sector and working to prepare state-owned companies for IPOs.
The FEAS Days in China forum brought together representatives from leading stock exchanges in Europe and Asia. Participants included exchanges from Singapore, Malaysia, Indonesia, Oman, Armenia, North Macedonia and Central Asian countries.
