India and Japan are bright spots in Asia's 'supremely interesting' equity and M&A markets, JPMorgan says
Publishing timestamp: 2024-05-23 23:50:51
Summary
JPMorgan's co-head of global banking highlighted the growth potential in Japan and India due to the "China Plus One" strategy amid U.S.-China tensions. M&A activity in Japan and India is on the rise, with a focus on sectors like AI, healthcare, and renewables. Apple has shifted some production to India, and there is optimism for increased deal values in India in the future.
Sentiment: POSITIVE
Keywords: apple inc, mergers and acquisitions, nikkei 225 index, banks, business news, cnx nifty index, asia economy,