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Goldman Sachs raises allocation of Japanese stocks to overweightGlonghui, February 17th|According to a research report, Goldman Sachs has upgraded its allocation of Japanese stocks from "neutral" to "overweight." This move reflects the view of Goldman Sachs' Japan portfolio strategy team, which raised the 12-month target for the TOPIX index from 3,900 points to 4,300 points. The reason is that they believe Japanese Prime Minister Sanae Takaichi's recent election victory should drive more net inflows of foreign capital and valuation expansion at the index level. Goldman Sachs strategists are optimistic in the first half of the year about Japanese stocks related to defense, critical resources, shipbuilding, electric power resources, the theme of U.S. reindustrialization, and corporate governance reform.
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Thai baht falls for the third consecutive day, Thai stock market remains flatGelonghui, February 17th|USD/THB rose 0.3% to 31.2180, set for a third consecutive day of gains. Thailand's SET Index was little changed at 1,438.57.
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Midday Key Developments on February 177:00 (UTC+8) - 12:00 (UTC+8) Keywords: Maya, Vitalik, Wang Chun, Wang Yongli 1. Philippine digital bank Maya is exploring an IPO in the United States 2. Trump: I will participate indirectly in negotiations with Iran; Iran wants to reach an agreement 3. Vitalik: No need for value alignment, anyone is free to use Ethereum 4. F2Pool co-founder Wang Chun explicitly expresses a bearish view on several quantum concept stocks and insists on being bullish on Bitcoin 5. Wang Yongli: Using Bitcoin and other crypto assets to re-anchor currency is a misunderstanding of the laws of monetary development
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