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<Research>M Stanley's Latest Focus List for H Shrs/CN ADRs/ A Shrs (Table)
Recommend
65
Positive
124
Negative
69
Morgan Stanley published a China market strategy report, laying out the latest focus list for H shares, Chinese ADRs and A shares. It added Spring Airlines (601021.SH), and deleted Kweichow Moutai (600519.SH):

Shares│Potential upside vs TPs
Alibaba (BABA.US)│53.6%
CHINA RES POWER (00836.HK)│16.7%
CHINA RES SANJIU (000999.SZ)│44.9%
YANGTZE POWER (600900.SH)│13%
ESPRESSIF (688018.SH)│52.6%

Related NewsBOCI Expects HSI to Reach 25,700 by Yr-end; Focus on High-end Mfg Sector, Domestic Demand, High Div. Yield, Actively Traded Southbound Stocks
HKEX (00388.HK)│12.4%
HKT-SS (06823.HK)│0.5%
NARI (600406.SH)│19.5%
PETROCHINA (00857.HK)│31.8%
POP MART (09992.HK)│-0.4%

Spring Airlines (601021.SH)#│16.3%
TENCENT (00700.HK)│23.4%
ZIJIN MINING (02899.HK)│31%
ZTO Express (ZTO.US)│35.5%
#: New addition
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