[ Morgan Stanley raised its rating on Chinese stocks for the first time in two years: “A new bull market cycle is about to begin” ]

Recently, Morgan Stanley once again became optimistic about Chinese stocks after two years. On Sunday local time, Morgan Stanley strategists including Laura Wang issued a report saying that as China continues to adjust and optimize its policies in response to the new crown epidemic and has made positive progress in many aspects, the rating of Chinese stocks has been improved. Morgan Stanley raised its rating on Chinese stocks from equal-weight to overweight.