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Celebrity listing crashes Japanese exchange's party

Valu does not have to report results. There are also no voting rights or dividends. It means the sole basis for rising shares is speculation.


ON Japan's newest exchange, fame can pay off. That may not be so great for investors though.

Last month, Hikaru, a Japanese YouTube star so famous he can go by a single stage name, listed himself on Valu, a platform for people to raise money, often for personal projects or...

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