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Nomura AM faces challenges and opportunities in China onshore: Henry Wu, CEO

Nomura believes that it will be able to overcome challenges and compete in China’s private securities market, according to one of its top executives in the country, as the Japanese group looks to develop its business in the burgeoning industry. Henry Wu, CEO and chairman of Nomura’s two wholly foreign-owned enterprises (WFOEs) in mainland China, noted that there are over…

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