Analyst: If the tech boom encounters problems, Japanese stocks will plummet
Jinse Finance reported that analysts say tech giants are extremely concentrated in the benchmark markets of the Asia-Pacific region. The top five stocks in the Nikkei 225 index account for about 38% of the total weight. "If there is any issue with the artificial intelligence or semiconductor boom, the Nikkei index will immediately plunge," said Takehiko Masuzawa, head of equity trading at Phillip Securities Japan. "I do believe we will continue to see more corrections and increased volatility."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US CFTC may allow the use of stablecoins as tokenized collateral in derivatives markets
Trump Calls on U.S. Supreme Court: The President Has the Right to Impose Tariffs
Spain Arrests Ringleader of €260 Million Cryptocurrency Ponzi Scheme
