Nomura Securities Co.

Nomura forced to sack HK staff as prospects dim

The Hong Kong office of Nomura fired almost 30 per cent of its research team yesterday as an uncertain global economic outlook forces the Japanese brokerage to cut costs.

Thursday, 13 September, 2012, 3:00am

Lai See

no more mr nice guy

They say the early bird always gets the worm. But that's not always the case in politics.

Witness Henry Wu, financial services representative in Legco, whose campaign for re-election has been complicated by a perception that - always the gentleman - he is perhaps too polite and mild-mannered.

15 Jul 2004 - 12:00am

Nomura bullish on Nikkei as firms shake up

The Nikkei-225 Index is on course to hit 18,000 points by the end of the year as the corporate sector restructures and investors increase their exposure to Japan, according to Nomura Securities.

The index should gain support from corporate earnings, which were expected to recover as companies carried out restructuring plans, said Chisato Haganuma, a company strategist.

23 Mar 1999 - 12:00am

Nomura casts doubt on rally

Nomura Securities is recommending Hong Kong investors to sell during the current stock market rally as it expects the Hang Seng Index to drop back to the 7,000-point level.

Nomura said in a report that the stock market would not present a convincing recovery story until the second quarter of next year.

22 Oct 1998 - 12:00am

Daiwa loans beyond recovery

Daiwa Securities Co probably will be unable to recover $42 million in loans made to investors backed by shares of Leading Spirit Holding Co, Daiwa Securities said. Shares in Leading Spirit Holdings were suspended on January 16, after it defaulted on loans of $96 million.

23 Jan 1998 - 12:00am

Jilin Power opts for A-share listing

Overseas-listing candidate Jilin Electric Power has plans to raise 800 million yuan (about HK$744.55 million) from an A-share listing in Shenzhen next year.

A company official said the power firm had secured from the China Securities Regulatory Commission the A-share issuance quota of 120 million shares last year.

31 Dec 1997 - 12:00am

Very briefly . . .

Nomura Securities president Junichi Ujiie will be allowed to give his opinions on the company's illegal stock transactions with a corporate racketeer at a Ministry of Finance hearing on Thursday. The hearing, to be held before the ministry decides on penalties against Nomura, will be open to the press for the first time since October, 1991.

18 Jul 1997 - 12:00am

Police move serves as warning to cut Japanese gangster ties

The police raids on Nomura Securities and Dai Ichi Kangyo Bank are probably a warning to other Japanese companies to cut their long-term ties with Japanese gangsters, experts in Tokyo say.

21 May 1997 - 12:00am

Venture delay hits shipyard profits

Guangzhou Shipyard International Brokerage: Dharmala Securities Recommendation: Sell GUANGZHOU Shipyard International builds ships, containers, metal structures and furniture. It also provides marine services such as ship repairs.

11 Feb 1996 - 12:00am

Japanese companies sign up

A GROUP of Japanese trading houses, shipping companies and financial institutions said it had signed a two-year agreement to develop a remote area of northeast China bordering Russia and North Korea.

9 Dec 1994 - 12:00am

Nomura forms London unit

NOMURA has set up an international prime brokerage unit to be headquartered in London. It will be headed by Philip Ker, who was formerly with Merrill Lynch.

25 Oct 1994 - 12:00am

SHKP set to launch bonds

SUN Hung Kai Properties Treasury (Cayman), fully backed by Sun Hung Kai Properties, is expected to launch its first series of floating-rate samurai bonds later this month.

Lead manager Nomura Securities said the amount had been estimated at 32 billion yen (about HK$2.36 billion), with maturity provisionally set at five years.

2 Jun 1994 - 12:00am

Knight sights lifting of Tokyo darkness

THE Hang Seng Index had its tail twisted once more by Japanese broking house Nomura yesterday. Late-comers to Hong Kong stocks who had hoped to ride the train up to 15,000 will have been dismayed to see Nomura reducing its weighting of Hong Kong stocks for the second day in a row.

8 Jan 1994 - 12:00am

Chan quits for Nomura

STANDARD Chartered head of securities research Edward Chan Hung-kee is quitting to join Nomura Securities' sales operation.

Mr Chan, who was with the brokerage, formerly called ChinTung, for three years, is joining Nomura in September.

15 Jul 1993 - 12:00am