Nomura Holdings is fully evaluating the Chinese business after the losses have increased, which reflects that Japan's largest brokerage firms have suffered setbacks in mainland China.

Bloomberg Society on Thursday (October 26) quoted people familiar with the matter and revealed that Nomura Holdings, a joint venture in Shanghai, is re -evaluating its strategy.

A person familiar with the matter said that Nomura Dongfang International Securities announced that it increased the number of employees to 500 four years ago, and became the goal of a securities company with a complete license by the end of 2023, which is unlikely to achieve it.

Integrity, the person familiar with the matter said that after the management of Nomura Oriental International Securities was reorganized earlier this year, the company has laid off and many employees have left.