#加密市场回调 Today, the most explosive news in the Asia-Pacific market - the Nikkei 225 opened directly with a pump of 4%, and this wave of rise came quickly and fiercely. What exactly happened behind the scenes?

First, let's look at the most direct catalyst: the yen is still falling. For giants like Toyota and Sony, which rely on exports, every one-point depreciation in the exchange rate adds a bit of imagination space to overseas profits. These companies are precisely the ballast of the Nikkei index.

Another underestimated variable is the ROE reform of the Tokyo Stock Exchange. It sounds dull, but it is actually reshaping the global perception of Japanese companies—when corporate governance truly leans towards shareholder returns, institutional funds will naturally vote with their feet.

What is even more intriguing is the trend of global capital. U.S. stock valuations have reached a jaw-dropping level, and smart money is starting to look for new investment targets. The Japanese market has clear policies and relatively friendly valuations, perfectly catching this wave of spillover effect.

The signal significance of this round of market trends may be more important than the rise itself - when hot money begins to flow from crowded tracks to niche areas, it often indicates that a new round of sector rotation has begun.

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