Glonghui, May 20 | Morgan Stanley raised the target prices of the Hang Seng Index and the State-owned Enterprises Index. Dama gave the Hang Seng Index a basic scenario target of 19,150 points at the end of June next year. Previously, the Hang Seng Index had a target of 16,000 points by the end of this year. Under the most optimistic scenario, the target price is 22500 points at the end of June next year. Previously, the target price for the Hang Seng Index was 18,500 points under the most optimistic scenario. In the most pessimistic scenario, the target was 12,200 points, compared to 11,000 points previously. The basic scenario target for the state-owned enterprises index at the end of June next year is 6,800 points. Previously, the bottom target for this year was 5,450 points. Under the most optimistic scenario, the target price is 8,100 points at the end of June next year; the target price is 4,600 points in the most pessimistic scenario. The basic target for the Shanghai and Shenzhen 300 Index is 3,900 points at the end of June next year; 4,400 points under the most optimistic scenario; 2,750 points at the most pessimistic. The MSCI China Index has a basic scenario target of 61 points at the end of June next year. The most optimistic scenario is 75 points, and the pessimistic scenario is 42 points. However, Dama still believes that Japanese stocks are more attractive than Chinese stocks. The bank's basic scenario target price for Japan's TOPIX Index will rise from 2,800 points to 3,200 points by the middle of next year.