每周投资策略-20251215

Group 1: Japan Market Focus - The expected policy interest rate in Japan is projected to rise to 1% by 2026, driven by inflation concerns and the need for fiscal sustainability [11][15][13] - Key stocks to focus on include Bandai Namco and Oracle Japan, with Bandai Namco showing resilience despite a 23% year-on-year decline in operating profit, and Oracle Japan benefiting from partnerships with major firms like SoftBank [19][18] - The iShares JPX-Nikkei 400 ETF is highlighted as a vehicle for investment, emphasizing quality management and financial stability in its constituent companies [22] Group 2: UK Market Focus - The UK economy faces downward risks, with GDP growth slowing and unemployment rising, leading to expectations of potential interest rate cuts by the Bank of England [30][31] - Key stocks to monitor include Rolls-Royce Holdings and Imperial Brands, with Rolls-Royce benefiting from increased defense spending and Imperial Brands offering stable returns as a defensive stock [36][35] - The iShares MSCI UK ETF is recommended for exposure to large and mid-cap UK companies, reflecting the overall market performance [38] Group 3: South Korea Market Focus - The Bank of Korea is expected to maintain its interest rate at 2.5% until at least April 2026, influenced by inflation and economic recovery [45][43] - Factors supporting further upward movement in the KOSPI index include improving economic conditions and specific stocks like Samyang Foods and SK Hynix [46][41] - The iShares MSCI Korea ETF is suggested for investment, reflecting the broader market trends [42]