Stock markets of several Asian countries, including Japan, South Korea, Vietnam, and India, have surged, some reaching highs that have not been seen in years. However, the Chinese stock market has faced significant challenges, struggling to escape a bear market. Financial analysts suggest that this declining performance reflects investors’ attitudes towards the future economic outlook of each country or region, with China’s economic prospects being viewed pessimistically. Meanwhile, other Asian countries are benefiting from the shifting of China’s industrial supply chain.
A number of Asian markets outside of China are flourishing with Japan leading the way. On June 13, the Nikkei 225 index made a significant breakthrough, surpassing the 33,000-point mark for the first time since 1990. By the end of the trading day, the Nikkei 225 index had risen by 1.88 percent, closing at 33,042.5 points.
