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0.000876424189307606 0.00175284837861521 0.00175284837861521 0.00175284837861521 0.000876424189307606 -0.000876424189307606 0.00175284837861521 0.00350569675723058
Stock impact report

Daiwa's China Venture May Take Longer to Make Profit, CEO Says [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
to the head of Japan's second biggest brokerage, reflecting how investment banks continue to struggle on the mainland. Most Read from Bloomberg Ho Chi Minh City Opens First Metro Line After Years of Delay Reviving a Little-Known Modernist Landmark in Buffalo The Architects Who Built Miami New York's Congestion Pricing Plan Still Faces Legal Hurdles New York City's Historic Preservation Movement Is Having a Midlife Crisis “It's a bit questionable whether we will be able to make a profit in 2025,” Chief Executive Officer Akihiko Ogino said in an interview, tempering the firm's earlier optimism that it might be able to turn around its joint venture brokerage in China as soon as next year. “The reality is that the pace of the Chinese market over the past year hasn't been as good as expected.” Dealmakers in China are fighting to stay relevant amid deep pay cuts and widening regulatory probes that have sent chills through a once-vibrant industry. The combined revenue of the Show less Read more
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