Tokyo exchange ready for Chinese listings – David Turner

From the Financial Times (link)

As many as 10 Chinese companies might list on the Tokyo Stock Exchange, the bourse’s head predicted yesterday.

The estimate by Taizo Nishimuro, chief executive and chairman of the world’s second biggest bourse, emphasises the TSE’s ambition to transform itself into a truly international exchange despite a series of recent disasters that culminated in January’s forced closure of the exchange.

Mr Nishimuro made his bullish forecast at a press conference announcing that net profits had more than tripled at the exchange in 2005-6.

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