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OverviewAPI
Japanese companies like Kobe Steel and Tokyo Electron are actively seeking long-term investments from foreign shareholders, transitioning to independently select desired shareholders. JPMorgan Chase selects HSBC and Standard Chartered to manage its US$500 billion custody business in Hong Kong and Taiwan, with the transition expected to finalize by year-end. The NASDAQ hits a record high amidst a global stock rally, driven by various market indices and cited entities like FactSet Research Systems Inc. and CNN.

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