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As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
China and Japan will introduce policies to facilitate tourism, and Japanese retail and tourism stocks have responded with an increase.
Retail and tourism-related stocks in Japan rose after the Chinese government and the Japanese government agreed to introduce more facilitation measures to promote mutual visits of tourists between the two countries.
The Tokyo Stock Exchange Growth Index fell, showing a soft trend in the negative territory throughout the day.
TSE Growth Market Index 819.68 -2.15 / volume 0.1 billion 82.48 million shares / trading value 101.1 billion yen. TSE Growth Market 250 Index 640.47 -2.34 / volume 81.09 million shares / trading value 71.8 billion yen. Today's growth market saw the TSE Growth Market Index and TSE Growth Market 250 Index decline, with the number of rising stocks at 240, falling stocks at 306, and unchanged at 50. Today's growth market exhibited a weak performance. The previous day, on the 9th, the USA market's dow inc.
Volume change rate ranking (during the 9 o'clock hour) - Yoshimura Food, Shinto HD, etc. have ranked in.
In the volume change rate ranking, comparing the average volume over the last five days with the volume on the day of distribution allows one to understand market participants' interests such as trends in stock selection. ■ Top volume change rates [As of December 10, 9:32 AM] (Comparative analysis of the average volume over the last five days) Stock Code Stock Name Volume 5-Day Average Volume Volume Change Rate Stock Price Change Rate <2776> Shinto HD 3724100 107185.08 313.41% 0.3311% <7105> Mitsubishi
Jade Group: Extraordinary Report
Insider holds 5.02% of shares in Jade Group(3558.JP)
On Oct 31, アーカス・インベストメント・リミテッド submitted the Large Shareholding Report to Ministry of Finance to disclose its 5.02% ownership of the shares in $Jade Group(3558.JP)$. Source: Edinet
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