Brokerage houses in Mongolia
report increasing interest in Mongolia by overseas investors.
With Mongolia’s economic
growth racing at over seven percent annually, and with foreign property
purchases rising, the Mongolian stock exchange is also seeing increased
interest by foreign investors.
"In the last month alone
over ten new overseas accounts have been opened up by our brokerage
firm," says Guy Mock, Managing Director at Altan San Securities.
Also, following the impressive rise of Chinese and Vietnamese stock markets, there is considerable interest in the Mongolian stock market.
"It's not just overseas
investors who are buying shares. We see quite a few up and coming Mongolian
entrepreneurs and businessmen joining in" according to Mr. Mock.
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