The stake acquisition by Murakami's fund suggests the start of an activist campaign or a short-term trading play, according to Arun George, an analyst at Global Equity Research Ltd.
Adverse conditions persist in the U.S. office market due to higher interest rates and the shift to remote work. The surprise loss from New York Community Bancorp and Aozora Bank's warning have raised banking sector concerns.
Aozora Bank Stock Forum
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