Forecast Funds Start To Return To Asian Stock Market
The Japanese media pointed out that the "Nikkei Asia 300 index" reached a one-year and six-month high on December 27. This shows that funds have begun to return to Asian stock markets.
The easing of trade frictions is believed to help Asian companies improve their performance, the Japanese economic news website reported on December 30. The recovery of the real economy will be the key to the sustainability of the index's rise.
According to the report, the closing price of "Nikkei Asia 300" on December 27 was 1394 points, 1% higher than the previous day.
The report pointed out that after the United States announced the postponement of tariffs in December, the rebound momentum of Asian stock markets strengthened, and the rise of electronic equipment and semiconductor related enterprises was highlighted. Sk Hynix and other companies in South Korea rose 20%, with December as the turning point to strengthen the rally.
There is also a view in the market that "the recovery of corporate performance is expected first, which is still difficult to confirm at present". If the opacity of trade friction dissipates and the recovery of corporate performance becomes obvious, there may be room for further growth.