Recently, the performance of the firm U.S. stocks, Japanese stocks and other markets suffered a sharp shock, triggering for global asset allocation or will be “big shuffle” discussion, Goldman Sachs data show that in the Japanese stock market fell last week, hedge funds to more than 5 years the fastest rate of sale of Japanese stocks. A number of interviewees believe that Japan's interest rate hike and the Federal Reserve's interest rate cuts are expected to be the cause of this turmoil, the next global funds or from high valuation areas to low valuation areas to switch, in this context, the attractiveness of Hong Kong stocks for the global funds is significantly improved. The rising logic of the Japanese stock market no longer exists. Chen Liming, chief economist of Chuan Cai Securities, said. Previously, the Japanese stock market continued to strengthen from its manufacturing sector in recent years, rapid earnings growth, the depreciation of the yen to promote Japan's manufacturing exports grew rapidly, but currently with the Bank of Japan to raise interest rates, superimposed on the risk of a global recession, the Japanese economy will face the risk of a downturn in the logic of record highs has come to an end.