The stock hit multiple record highs intraday! Following J.P. Morgan's upgrade to its year-end target for the Nikkei 225 Index, Csop Nikkei 225 Index Etf (03153.HK) surged over 4% in afternoon trading.
NewTimeSpace News: On February 9, Japanese and South Korean stock markets opened collectively higher, with the Nikkei 225 Index surging over 5% and hitting multiple record highs intraday. SoftBank Group shares jumped as much as 8.5%, marking the largest single-day gain since January 28. Csop Nikkei 225 Index Etf(03153.HK) advanced over 4% in afternoon trading.
Data from the Hong Kong Stock Exchange shows that Csop Nikkei 225 Index Etf(03153.HK) tracks the Nikkei 225 Index, Japan's most representative stock market benchmark. Compiled by Nikkei Inc., the index comprises 225 highly liquid, large-cap stocks selected from common shares listed in Japan that demonstrate the strongest sector representation.
Following Sanae Takaichi's election victory, J.P. Morgan raised its year-end target for the Nikkei 225 Index. In its report, the bank wrote that "political stability has increased following the ruling party's victory, alongside heightened expectations for 'Takaenomics'," upgrading its December 2026 Nikkei target from 60,000 to 61,000.
J.P. Morgan noted that Japanese equities face dual near-term headwinds from yen depreciation and rising interest rates. However, the upward trend can be sustained provided USD/JPY does not breach 165 and 10-year JGB yields remain below 3%. Should non-fundamental corrections occur, the 48,000 level could present a significant buying opportunity. The medium-to-long-term outlook remains supported by improving corporate earnings and pension fund inflows. (Source: J.P. Morgan, January 23, 2026, "Can Japanese Equities Withstand the Dual Pressure of Yen Depreciation and Rising Yields?")
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