Why Morgan Stanley expects a “steep climb” for offshore China equities

5 December 2022 | 4 minutes read

Morgan Stanley has upgraded its view on China equities to overweight, pointing to positive developments including a clear path towards a reopening from COVID-19 – even if bumps in the road continue to pressure corporate earnings into early 2023. The bank said in a research note on Monday that China is attractive in terms of valuations on a price-to-book (PB)…

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