Can C# style object initialization be used in Java?

In C# it's possible to write:

MyClass obj = new MyClass()
{
    field1 = "hello",
    field2 = "world",
    field3 = new MyOtherClass()
    {
        etc....
    }
}

I can see that array initialization can be done in a similar way but can something similar to the above be done in Java too, and if so, what's the syntax?