• Kyodo

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Nexon Co., a major online game company from South Korea, debuted Wednesday on the Tokyo Stock Exchange’s first section, marking this year’s biggest foray into Japan’s stock market in value.

The stock fetched ¥1,307 at the opening of trade, just higher than its initial public offering price of ¥1,300. With around 425 million outstanding shares, the IPO price puts the value of the company at some ¥550 billion.

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