(Bloomberg) -- The momentum behind one of the world’s biggest stock rallies in China will likely abate, according to Morgan Stanley.Most Read from...
-- The momentum behind one of the world’s biggest stock rallies in China will likely abate, according to Morgan Stanley .Einhorn Says Markets Are ‘Broken.’ Here’s What Data Shows
The onshore CSI 300 Index lost as much as 0.7% Wednesday, after jumping to its highest level since October in the previous session. The Hang Seng Index was on track to fall for a second day, following a 10-day winning streak. The real estate market has remained depressed even as Beijing vowed to deal with unsold properties, and more cities eased home purchase restrictions to revive sales.
Looking ahead, Morgan Stanley also sees geopolitical uncertainty as a headwind for Chinese equities given looming US elections and EU trade controversy.Redfin's Q1 Sales Top Estimates, Stock Soars The USS Dwight D. Eisenhower and USS Gravely made their first port visit in recent days after battling the Houthis for months.Buy TD Bank stock and another bank as they crash further into the abyss. The post Big Bank Bull Run? 2 Canadian Bank Stocks Overdue for a Rally appeared first on The Motley Fool Canada.It has been a strong year for many TSX stocks. However, there are group of dividend stocks that you just don't want to touch right now.
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Morgan Stanley Strategists Warn Against Chasing China Stock GainThe momentum behind one of the world’s biggest stock rallies in China will likely abate, according to Morgan Stanley.
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