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| HSI1 | 24,231.30 | 0.00 | -- |
| HSCEI1 | 8,914.03 | 0.00 | -- |
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2025-03-06 11:15:03 Morgan Stanley published a research report, which stated that the macro targets set during China’s National People’s Congress conformed with expectations, while re-emphasizing AI, technology, the platform economy, and consumption encouragement. Specifically, the targets for this year include a GDP growth rate of approximately 5%, an inflation rate of 2%, and an official fiscal budget deficit of 4%, all of which were consistent with the broker’s earlier forecasts. This reflected market expectations of a mild yet supportive fiscal stance for 2025. Despite recent tariff hikes, Morgan Stanley maintained a positive outlook on offshore Chinese equities. This optimism was primarily backed by unchanged improving structural factors which help reduce MSCI China's equity risk premium. Key factors included an emphasis on supporting technological innovation and the private sector; evidence of Chinese companies’ ability not only to compete in global technology but potentially to lead; and ongoing developments toward a ceasefire agreement in the Russia-Ukraine conflict. ~ AAStocks Financial News Web Site: www.aastocks.com | |