Morgan Stanley: Raises MSCI Asia Ex-Japan Target, Maintains "Buy" Rating for China, Japan, South Korea and Cyclical Stocks

　　Glorium 8/4｜Morgan Stanley again raises its forecast for Asian stocks, increasing the target price of the MSCI Asia Ex-Japan index to 710 points over the next 12 months from 700 points, driven by the clarification of tariffs and expectations of a September rate cut by the Federal Reserve.

　　Morgan Stanley had previously raised its forecast for the MSCI Asia Ex-Japan index by nearly 3% just three weeks ago, increasing it to 700 points from 680 points.

　　Additionally, Morgan Stanley maintains a "buy" rating for China, Japan, South Korea and certain cyclical stocks.