Morgan Stanley boosts price targets for China indexes, sees upside through 2Q 2027

Chinese equities should have moderate upside over the next 12 months on improved earnings, more dominance in upstream supply chains globally and yuan strength against the dollar, Morgan Stanley says. The investment bank set new price targets for 2Q 2027 at 28,400 for Hang Seng, 91 for MSCI China, 9,900 for HSCEI and 5,400 for the CSI-300, which implies upsides of 8%, 12%, 11% and 11%, respectively. …