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Mitsubishi UFJ Financial Group Adjusts Holdings in Webjet Group Ltd
Mitsubishi UFJ Financial Group Becomes Substantial Holder in Appen Ltd.
JP Movers | Keio Rose 2.79%, Leading Nikkei 225 Components, Kawasaki Heavy Industries Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Keio(9008.JP) being the top gainer today, rising 2.79% to close at 4047.0 yen. In addition, the top loser was CyberAgent(4751.JP),falling 5.54% to end at 1185.5 yen.
Today's flows: 03/28 Sony Group saw an inflow of JPY¥ 1.95 billion, Toyota Motor saw an outflow of JPY¥ 11.51 billion
On March 28th, the TSE Main Market saw an inflow of JPY¥ 626.06 billion and an outflow of JPY¥ 756.16 billion.$Sony Group(6758.JP)$, $Japan Tobacco(2914.JP)$ and $SoftBank Group(9984.JP)$ were net
Mitsubishi UFJ Financial Group expects more China companies to expand overseas, which will benefit corporate and investment banking revenue.
Lin Shuwen, the Deputy General Manager of Mitsubishi UFJ Financial (China), stated that many Chinese clients are actively seeking overseas merger and acquisition targets or expanding their overseas business networks after reassessing their strategies. With investors' confidence in the China market rebounding, the bank aims to achieve double-digit revenue growth in its Chinese enterprise and investment banking operations over the next two years. Lin Shuwen mentioned that after years of cautious positioning, China's policies will restart their global investment strategy. Mitsubishi UFJ Financial currently has 14 branches in China and will focus on serving Chinese corporate clients in areas such as electric vehicles, Smart Phone components, and CECEP Solar Energy.
Market Chatter: Norinchukin Bank Exits Net-Zero Banking Alliance