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Orix to Replace Shinsei Bank in Key Index – Nikkei


Orix chief executive Makoto Inoue poses in front of the company logo. Photo: Reuters

 

Japan’s leading stock market index announced Monday that it would add Orix to the constituent stocks of the Nikkei Stock Average, or Nikkei 225, replacing Shinsei Bank, Nikkei Asia reported.

Nikkei would add the financial services group on April 4, when the Tokyo Stock Exchange restructures the market into new divisions.

Read the full report: Nikkei Asia

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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