|Bid||4.4100 x 1300|
|Ask||4.4900 x 1300|
|Day's range||4.4400 - 4.4800|
|52-week range||3.0500 - 4.9600|
|Beta (3Y monthly)||1.13|
|PE ratio (TTM)||16.20|
|Forward dividend & yield||0.06 (1.21%)|
|1y target est||3.87|
BlackRock (BLK) is in preliminary talks with Tencent over the past year to develop a partnership in an effort to expand in the China mutual fund market.
Goldman (GS) might acquire a majority stake of 51% holding in its Chinese investment banking joint venture, Goldman Sachs Gao Hua Securities Co.
Nomura Holdings on Wednesday said its first-quarter profit soared more than tenfold after restructuring its portfolio, as Japan's top investment bank sought to draw a line under its worst year in a decade. The recovery was led by a sharp improvement in its wholesale division, which had long been a drag and last year pushed Nomura into an annual loss for the first time in 10 years. In May, Japan's financial watchdog ordered it to improve internal controls after an information leak related to listing and delisting criteria at the Tokyo Stock Exchange.
Foreign firms are set to benefit as China plans to end all ownership limits within its financial sector a year earlier than previously stated.
Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss in a decade. CEO Koji Nagai kept his job despite opposition from influential proxy advisory firm Institutional Shareholder Services Inc, which had recommended shareholders vote against his re-appointment. The vote was in effect an endorsement of Nagai's efforts to turn around the investment bank, which reported an annual loss in April and said it would not pay out bonuses to directors.
Sep.18 -- Yoshikazu Yonenaga and Noritaka Ochiai, co-chief executive officers of Line Securities Corp., Nomura Holdings Inc.’s new online brokerage venture with mobile messaging provider Line, talk about the prospects and strategy for the business.