Nomura, CIC and others to set up Japan-China Industrial Cooperation Fund

Nomura, CIC and others to set up Japan-China Industrial Cooperation Fund

A pedestrian walks past a Nomura Securities Co. branch, a unit of Nomura Holdings Inc., in Tokyo, Japan, on Thursday, Oct. 27, 2016. Nomura's second-quarter profit jumped 31 percent as trading income made up for a slump in its retail brokerage business. Photographer: Kiyoshi Ota/Bloomberg

Ka Kay Lum

26 October, 2018

Nomura Holdings announced that it has singed a memorandum of understanding with the Chinese sovereign wealth fund China Investment Corporation (CIC) as well as with four Japanese financial institutions to set up a Japan-China Industrial Cooperation Fund.

China Investment Corp (CIC)Daiwa Securities GroupMitsubishi UFJ Financial GroupMizuho Financial GroupNomura HoldingsSumitomo Mitsui Financial Group

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