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Nomura targets rich young startup founders in China rollout

Brokerage unit to go full service in 5 years with offices in Shanghai, Beijing and Shenzhen

People overlook the financial district in Shanghai, where Nomura's Chinese brokerage venture is headquartered.   © Reuters

SHANGHAI -- Top Japanese brokerage group Nomura Holdings aims to offer a full lineup of financial services in China within the next four to five years, starting with wealth management, according to the head of the mainland business.

The group recently launched operations at Nomura Orient International Securities, a majority-owned joint venture established in Shanghai with two state-owned partners, Orient International and Shanghai Huangpu Investment Holding.

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