After making a profit and settling some of its Hong Kong stock positions, Morgan Stanley is now turning its focus to A-shares. The bank's strategist believes that there is still room for growth in the Chinese stock market in the future. Morgan Stanley strategists Laura Wang, Chloe Liu, and Vicky Wu said in the report that the reasons for the shift to A-shares include the stabilization of the global market, the resurgence of momentum in the AI supercycle, and the “gradual digestion of short-term liquidity tension” caused by large-scale IPOs including memory chip giant Changxin Technology and humanoid robot manufacturer Yushu Technology. Morgan Stanley is still bullish on Hong Kong stocks, but at the same time pointed out that the market is entering a “recuperation period” after most of the recent upward space has been digested by the market.

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