Morgan Stanley says China's market will be the biggest winner in 2023 and these stocks stand out

Wall Street is excited about China's reopening. Since the turn of the year, investment banks have become increasingly bullish on the world's second-largest economy, upgrading their outlook on its stocks. But Morgan Stanley is going even further: It's predicting that Chinese stocks will beat global markets this year.

She said the internet sector has a "very high correlation" with the consumption pick-up in China and should benefit from inflows from institutional names. "Global institutional investors are still quite significantly underweight these large-cap liquid names. And as global investor sentiment about China continues to recover, they need to close or at least narrow these underweight positions. And the most straightforward trade is to get back into the internet names.

Actually, their economy is starting to collapse.

Add this to the list 😬

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Davos 2023: Saudi finance minister says China 'very important', U.S. 'strategic partner'Saudi Arabia's finance minister said on Wednesday that China 'is very important for Saudi' and its largest trade partner, 'but also the U.S. is a very important and strategic partner'. Interesting and US State Department and Pentagon geriatric staff have prepared documents how to create kudeta in Saudi Arabia replacing Saudi King dictatorship with ISIS bandits as they did in Libya. INDEED his above statement is SO TRUE.. All pls seek common grounds for collaboration and not keep looking at differences, do not be accusing China or all, BE Constructive & Bridging, strive for Agree-to-disagree and practising tolerance etc wef Davos davos2023 Davos Both said playing pantogon big dum
Fuente: Reuters - 🏆 2. / 97 Leer más »