Nasdaq targets Japanese IPOs as Chinese listings wane

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TOKYO — U.S. stock market operator Nasdaq expects key Japanese startups to list on its bourse as early as next year, driven by revived momentum in Asia’s No. 2 economy and a new generation of entrepreneurs who are looking beyond the borders of their East Asian nation.

“We have seen the pipeline continue to grow for Japanese companies who are interested in Nasdaq,” said Bob McCooey, Nasdaq’s vice chairman responsible for international listings, adding that a wave of young entrepreneurs in the country are thinking more globally than many of their predecessors.

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