Morgan Stanley has lowered its year-end 2025 targets for several major Asian stock indexes, citing downgraded global and emerging market growth forecasts along with updated currency expectations. The bank said upside potential from current levels is limited, with near-term risks skewed to the downside.
Revised targets include:
TOPIX: cut to 2600 (from 3000)
Hang Seng Index: cut to 20,800 (from 24,000)
Hang Seng China Enterprises Index: cut to 7700 (from 8600)
CSI 300 Index: cut to 3830 (from 4200)
Morgan Stanley's base case reflects a more cautious stance amid softer GDP expectations across Asia and emerging markets.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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