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Tokyo Stock Exchange sets higher hurdles to new big board

Bourse plans clearer, global-investor-friendly structure in 2022 revamp

The Tokyo Stock Exchange will overhaul its current four-section structure into three markets. (Photo by Yoshiyuki Tamai)

TOKYO -- The Tokyo Stock Exchange's upcoming reorganization will set tougher standards for its new blue chip market, according to details of the plan released Friday, in a move that the bourse hopes will both reassure global investors and encourage businesses to shape up.

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