摩根大通：日本股票策略_2025 年年中展望_预计企业改革和资金流动将支撑日本股市

J P M O R G A N Global Markets Strategy 27 June 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Japan Equity Strategy: 2025 Mid- Year Outlook Expect corporate reform and fund flows to support Japanese equities We expect the global economy to slow in 2H ...