MORGAN STANLEY TURNS BULLISH ON CHINA AI STOCKS Morgan Stanley sees China’s LLM market shifting from price wars toward smarter models and stronger monetization. The bank expects higher AI pricing and tighter licensing to boost revenue while larger models raise barriers to entry. Morgan Stanley raised its http://Z.ai price target to HK$1,700 from HK$990, citing stronger growth prospects. It remains positive on MiniMax but cut its target to HK$900 from HK$1,100.(*Walter Bloomberg)