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“Hard and fast” 10% upside for HSI: Morgan Stanley’s Garner

Morgan Stanley is bullish on emerging markets — particularly Hong Kong and China equities — and forecasts another 10% upside from current Hang Seng Index levels, which could happen “hard and fast” due to supportive local policy and easing trade tensions. “Hard and fast” 10% upside for HSI At the end of November 2018, the bank upgraded EM straight from…

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