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Markets

Japan seeks more unicorns by easing rules on unlisted shares

New startup market proposed as country trails US and China

A busy street crossing in Tokyo. Japan's securities industry wants to build a more dynamic market for unlisted stocks.   © Reuters

TOKYO -- Japan's securities industry will ease rules on investing in unlisted stocks to increase the flow of risk money into young companies, hoping to lift the country higher in global rankings of multibillion-dollar startups.

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