星球日报|5月 13, 2026 06:50
Da Mo raises China's stock index target price across the board
Odaily Planet Daily News: Morgan Stanley has released its outlook for the Chinese stock market in the second half of 2026 titled "Forging New Horizons". Morgan Stanley China Chief Equity Strategist Wang Ying and her team predict that the Chinese market will experience a moderate rise by the second quarter of 2027, driven mainly by improved corporate profits, China's increasing dominance in the global upstream supply chain, and the strengthening of the renminbi. Morgan Stanley is more bullish on A-shares rather than offshore markets and recommends adopting a thematic stock selection strategy rather than passive index investment. Morgan Stanley's newly set target prices for the second quarter of 2027 are: Hang Seng Index 28400 points, MSCI China Index 91 points, Hang Seng China Enterprise Index 9900 points, Shanghai and Shenzhen 300 Index 5400 points, with implied upside potential of 8%, 12%, 11%, and 11%, respectively. But short-term fluctuations may still occur, and it is expected that the market trend will become clearer this summer or later. (Shanghai Stock News)
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