FOCUS: Tokyo stock market needs more than shake-up to lure foreign investors

Economy

The Tokyo stock market trumpets its largest overhaul in decades to lure more foreign investors. Still, the bourse is missing something such investors have long awaited -- companies with great growth potential. The bourse operator, Tokyo Stock Exchange Inc., on Monday reorganized its four trading sections into three -- Prime, Standard and Growth -- for the roughly 3,800 listed companies to be categorized under more distinctive rules to sharpen the focus of each market. The reform came as Japan tries to cement a foothold for the Tokyo market as an international financial hub after its reputation...

Kyodo News

Kyodo News