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2022-12-09

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Chinese Stocks to Outperform Global Peers, Morgan Stanley Says

Chinese equities will outperform the broad emerging markets and even their global peers as Beijing’s

Chinese Stocks to Outperform Global Peers, Morgan Stanley Says

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Irene104
·2022-12-10
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The Wall Street bank has turned bullish on Chinese stocks after almost two years, lifting its rating to overweight from an equal-weight position on Sunday.</p><p>Average daily turnover for China’s ChiNext Index and overall mainland-traded A-shares increased 25% and 19% respectively December 1 to 7, from the previous cycle, according to the strategists.</p><p>Morgan Stanley also believes other major upcoming events may also help the market navigate the near-term turmoil. 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