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Resonac Holdings sees strong buying on BlackRock Japan stake disclosure
Resonac Holdings Corporation <4004> saw strong buying interest, rebounding at the start of the week despite a slight pullback late last week. According to a large shareholding report filed on the 17th by BlackRock Japan, the Japanese arm of the world's largest asset management firm BlackRock, the combined shareholding ratio of BlackRock and its joint holders in Resonac Holdings exceeded 5% for the first time, reaching 5.86%. The purpose of the holding is stated as pure investment (asset management for clients under discretionary investment contracts and asset management under investment trust agreements). This has sparked speculation regarding enhanced investment value for the company's shares, attracting investment capital anticipating further upside.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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