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EducationEN

What a Stock Exchange Actually Does

Hong Kong's exchange trades Tashkent's entire weekly volume in about a minute. What a stock exchange actually does, how the Uzbek one is built, and what the gap is made of.

EducationEN

What Is an IPO, and Why Is Everyone Talking About UzNIF?

On May 13 the state sold 31% of its National Investment Fund for $603.6 million and listed it in London and Tashkent. What an IPO is, what the deal actually did, and what comes next.

EducationEN

What Are Capital Markets? A Simple Guide

The Tashkent exchange lists 123 share issues worth about $9.7 billion, close to a fifth of GDP. Almost nobody in the country owns any of it. What a capital market is, and where Uzbekistan stands in mid-2026.