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Nomura Holdings Inc. is gaining mainland Chinese clients faster than it expected, a senior executive said, adding to signs of progress in its broader Asian expansion.

The company’s majority-owned securities joint venture in Shanghai has won more than 300 customers for services including wealth management since it began operating about a year ago, said Toshiyasu Iiyama, head of Nomura’s China committee. “We are doing better than we thought,” he said in an interview.

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