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Analyst explains why he hasn't been bullish on Kokusai Electric — Japan's largest IPO since 2018

Shares of Kokusai Electric up more than 30% in Tokyo debut

In this photo illustration, Kokusai Electric logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of Japanese semiconductor equipment maker Kokusai Electric saw a strong debut on the Tokyo Stock Exchange on Wednesday. The stock hit a high of 2,431...