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."
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