Asset Management One Co. Ltd. Boosts Stock Holdings in Ceridian HCM Holding Inc. (NYSE:CDAY)

Asset Management One Co. Ltd., a leading asset management company based in Hong Kong, has recently announced that it has boosted its stock holdings in Ceridian HCM Holding Inc. (NYSE: CDH), a leading provider of human capital management (HCM) solutions. The exact amount of the investment was not disclosed, but it is believed to be significant.

Ceridian HCM Holding Inc. is a publicly traded company that provides HCM solutions to organizations of all sizes. Its products and services include payroll processing, benefits administration, time and attendance tracking, and HR analytics. The company has a strong presence in North America, with its headquarters located in Minneapolis, Minnesota.

Asset Management One Co. Ltd. is one of the largest asset management companies in Hong Kong, with over $100 billion in assets under management. The company provides a range of investment services, including portfolio management, private banking, and wealth management. It has a strong focus on providing customized solutions to its clients, based on their individual needs and goals.

The boost in stock holdings by Asset Management One Co. Ltd. in Ceridian HCM Holding Inc. is likely seen as a vote of confidence in the company's growth potential and ability to generate strong returns for investors. It may also indicate that the asset management company sees opportunities for expansion and growth in the HCM market, particularly in North America.

Overall, this investment by Asset Management One Co. Ltd. in Ceridian HCM Holding Inc. is likely seen as a positive development for both companies, as it could lead to increased revenue and profitability in the future.