In today’s briefing:
- Interest Will Be Focused on when the TSE Will Begin Cleaning up the Prime Market
Interest Will Be Focused on when the TSE Will Begin Cleaning up the Prime Market
- The listing criteria regarding trading volume is much simpler than other criteria. It’s clear that an average daily trading value of 20 million yen isn’t sufficient liquidity for many investors.
- Many companies that fail to meet listing standards have low expectations for future cash flows, which leads to low valuations and is the reason for sluggish trading volume.
- Keeping these companies in prime market is expected to lead to more focus on this issue, as the gap between these companies and their exact opposites will widen further.
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