Morgan Stanley stated that if the Chinese government announces more spending measures in the coming weeks, the Chinese stock market could further rise by 10% to 15%. "Expectations for further fiscal expansion have returned to the table, which has led investors to view China from the perspective of reflation for the first time in a long time," said Laura Wang, Chief Chinese Stock Strategist at Morgan Stanley in an interview. "The last time investors viewed China through this lens was actually after the beginning of last year. At that time, global investors were giving a valuation of around 12 times the expected PE ratio of the MSCI China Index." (Bloomberg)
摩根士丹利：财政措施推动下中国股市可能再上涨15%
Morgan Stanley: With the financial measures in place, the Chinese stock market may rise another 15%.
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