A stock monitor in Tokyo shows the Nikkei 225 topping 30,900 on the morning of May 19. The index hit a 33-year high on May 22, reaching levels not seen since the bursting of the asset-inflated bubble economy in the early 1990s. Photo: Kyodo
A stock monitor in Tokyo shows the Nikkei 225 topping 30,900 on the morning of May 19. The index hit a 33-year high on May 22, reaching levels not seen since the bursting of the asset-inflated bubble economy in the early 1990s. Photo: Kyodo
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

How rising China risks are driving Japan’s stock rally as investors look for safer alternatives

  • Japanese stocks have had many false dawns in recent years, but the latest upswing comes as several factors suggest this time may be different
  • Japan is also the only market in Asia big and liquid enough to offer an alternative to China while still providing exposure to the reopening of its economy

Nicholas Spiro
Nicholas Spiro

Updated: 9:00pm, 25 May, 2023

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A stock monitor in Tokyo shows the Nikkei 225 topping 30,900 on the morning of May 19. The index hit a 33-year high on May 22, reaching levels not seen since the bursting of the asset-inflated bubble economy in the early 1990s. Photo: Kyodo
A stock monitor in Tokyo shows the Nikkei 225 topping 30,900 on the morning of May 19. The index hit a 33-year high on May 22, reaching levels not seen since the bursting of the asset-inflated bubble economy in the early 1990s. Photo: Kyodo
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