 "China, China economy")
Chinese equities will outperform the broad emerging markets and even their global peers as Beijing’s decisive moves toward reopening continue to help sentiment recover, according to Morgan Stanley.
“We believe execution follow-through and other factors would help lift market sentiment,” strategists led by Laura Wang wrote in a research note dated Dec. 8. 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.
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
