Group 1 - Major Japanese investment companies are expanding their overseas sales networks for Japanese stocks, with Sumitomo Mitsui Trust Asset Management establishing its first Asian base in Singapore and Mitsubishi UFJ Trust Bank selling Japanese stock funds across Europe [1][2] - The trend of distancing from Chinese stocks continues, as investors are increasingly selective about where to allocate their funds, creating an opportunity for Japanese stocks to attract new investment [1][3] - According to Morningstar Japan, the Chinese stock market has seen continuous outflows for four weeks since late March, highlighting the potential for Japanese investment firms to enhance their global presence [1][2] Group 2 - Sumitomo Mitsui Trust Asset Management plans to set up a marketing base in Singapore with around 10 marketing personnel to sell Japanese stock funds, aiming to increase direct engagement with institutional investors [2] - Mitsubishi UFJ Trust Bank has begun selling Japanese stock funds through its subsidiary, First Sentier Investors, focusing on mid-cap stocks and high-profit companies, with plans to expand sales to Europe and Australia by 2025 [2] - Asset Management One, backed by Mizuho Financial Group, will start accepting investments in Japanese stocks in the U.S. by 2025, responding to increasing demand from institutional investors [2][3] Group 3 - Global institutional investors have historically invested in Japanese stocks for risk diversification, but interest had waned due to the allure of emerging markets like China and India [3] - Factors such as strong manufacturing performance and market reforms in the Tokyo Stock Exchange are expected to drive Japanese stock prices upward through 2024, with the depreciation of the yen making Japanese stocks more attractive [3] - Japanese investment companies are seizing the opportunity to enhance their overseas business, which has lagged behind Western counterparts, in light of the Japanese government's push for investment-led growth [3]