To enhance cooperation in promoting the development of Cambodia's stock market, increase trading volume in 2023, and attract foreign investors, as well as to encourage the public listing and trading of shares of local companies, on December 13, 2022, with the support of the Cambodia Securities Exchange (CSX), Cambodia Securities Plc and ASC Securities Plc signed a Memorandum of Understanding (MoU) with the aim of strengthening collaboration between the two leading securities firms in Cambodia. This partnership seeks to boost the domestic financial market and attract additional foreign investment.

According to a statement from His Excellency Hong Sok Huar, Secretary of State and Director General of the CSX, the average daily trading volume on the Cambodian stock market has notably increased in recent years, reaching up to $500,000 daily. However, this figure remains relatively low compared to the stock markets of neighboring countries such as Vietnam and Thailand.

Nevertheless, His Excellency is confident that the average daily trading volume on the Cambodian stock market will rise to $1 million in the near future. This anticipated result will require support from all members of the Cambodian stock market, and the signing of the MoU between Cambodia Securities Plc and ASC Securities Plc is seen as a significant and promising start for 2023.

According to Mr. Pan Chu Yun, General Manager of Cambodia Securities Plc, as a member of the Cambodian stock market, Cambodia Securities Plc has a duty to contribute to the development and promotion of the Cambodian stock market. The company has a professional team with extensive experience in the securities sector both domestically and internationally, including in Hong Kong, Taiwan, Singapore, and Cambodia.

Furthermore, Mr. Pan Chu Yun himself has over 20 years of experience in the securities industry, including roles in underwriting, investment, and asset management in the United States, Hong Kong, and Taiwan. He is also a fund manager for a joint venture fund established by Chinese banks and the Shanghai municipal government.