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13.05.26 - 05:18
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Trump-Xi Beijing meeting to lift Chinese stocks, Morgan Stanley says (SCMP)
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Morgan Stanley expects US President Donald Trump's visit to Beijing to give Chinese stocks a moderate lift if the current trade truce is extended.
The bank's base case forecasts an 8 per cent gain to 28,400 for Hong Kong's Hang Seng Index by the second quarter of 2027, as well as an 11 per cent rise in the Hang Seng China Enterprises Index and a 12 per cent increase for the MSCI China Index, according to its report on Wednesday.
The bull case stretches to 27 per cent for the MSCI China gauge if......
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