飞翔的荷兰人：日本：日元、企业改革、收益、本地投资者
Hui Feng Yin Hang·2025-05-29 05:50
The Flying Dutchman Equity Strategy Japan: JPY, corporate reform, earnings, local investors Down, back up, and what now? Japanese equities have rallied 20% since the sharp fall following what the US administration called "Liberation Day" on 2 April. The recovery has been led by foreign investors, who have bought a net USD17bn of Japan stocks since then. The market is now back to the range it has traded in since April 2024. After examining the major drivers, we see limited further upside in the short term. W ...