00:00 Today's news is about the Chinese People's Council's decision to define the new economic goals for China.
00:09 How do Asian indicators react, especially after Nikkei's 225 Japanese index exceeded 40,000 points?
00:19 First, we would like to point out that investors are waiting for the Chinese People's Council's decision to issue a decision on the goal of growth, which is the overall local product in China.
00:34 We would like to remind you that China has suffered from an economic downturn in the past year due to the crisis of real estate and the decrease in industrial production.
00:43 We will see what the new goal is for the overall local product.
00:48 The Chinese People's Council's goal of facing unemployment, which reached 15% last year, is also one of the most important goals and discussions today.
00:58 In addition, there is a possibility of an increase in the military budget and the expectation of new decisions if we look at the performance of Chinese indicators.
01:08 For the CSI 300 indicator, we notice that it has seen a decrease of 10 points, and it is currently showing some stability.
01:18 For the Shanghai indicator, we also notice that it has seen a slight decrease of about 16 points, and it is currently showing some stability.
01:31 Moving on to the Nikkei 2.5 indicator, we notice that it has seen new historical levels in the fourth session of March and exceeded 40,000 points.
01:45 We will now discuss the factors that support this indicator and make it exceed the standards. First, the expectations of Japanese companies to record net profits by the end of the financial year, which ends in March 2024.
02:01 In addition to the increase in the performance of technology companies, we note that Tokyo Electron is one of the companies that support the indicator.
02:10 Today, with the fear of continuing economic downturn in China, investors are more inclined to trade in the gradual stocks in the Nikkei 2.5 indicator.
02:23 We also note that the Central Bank of Japan has been under siege for fear of increasing profits for the first time since 2007,
02:34 especially since the President of the Central Bank of Japan considered it premature to set a target for inflation and the entry of Japan into the market.
02:42 This is not a dangerous matter, and it is a kind of stability after recovery from the outbreak.
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