Happiness and D falls for 12th straight session, hitting new year-to-date lows as Long Corridor cuts stake
Happiness and D Co., Ltd. <3174> fell for a 12th straight session, extending year-to-date lows. After market close on Sep 30, Long Corridor Asset Management, a Hong Kong-based investment management firm, reduced its shareholding in Happiness and D to 6.46% from 7.65%, drawing selling pressure. According to an amendment report filed with the Kanto Local Finance Bureau, the reporting obligation date was Sep 29. The purpose of holding is listed as pure investment. Long Corridor holds investment authority under a discretionary investment management agreement. The firm also reported shareholding reductions on Sep 11 and Sep 24.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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