Tokyo bourse to reorganize trading sections in April 2022

The operator of the Tokyo Stock Exchange said Friday it will set up three new trading sections on April 4, 2022, as the bourse looks to improve its market availability.Japan Exchange Group Inc. said it will reorganize the current four trading sections into the "Prime," "Standard" and "Growth" sections.Companies will choose which section they want to be listed on between September and December next year. JPX plans to announce lists of companies on each of the new sections in January 2022.The restructuring comes as Japan is seeking to boost its global standing as a financial center at a time …READ FULL ARTICLE