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Read More »Mizuho warned over setting low IPO prices in blow to issuers
BLOOMBERG Japan’s trade watchdog cautioned Mizuho Financial Group Inc’s brokerage unit, saying the company priced newly listed stocks in a way that could undermine competition and cause the issuing companies “unfair disadvantages.†Mizuho Securities Co set prices on some initial public offerings (IPOs) in 2020 and 2021 at levels below where the issuers said they should be, the Japan Fair ...
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