China Legal Blog
Aggregated China Law Information
Chinese firms go global. Morgan Stanley’s stock to play the trend
Aggregated Source: ChinaLegalBlog.com

A U.S.-listed Chinese company that makes most of its money overseas could soar more than 75%, according to Morgan Stanley’s newly updated forecasts. Asia equity analyst Yang Liu and a team not only raised their price target on Tuya by 50 cents to $3.50 last Tuesday, but on Thursday issued a separate note saying they expect the beaten-down shares of the Chinese company to “rise in absolute terms over the next 60 days.”…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

Original URL: Click here to visit original article