Morgan Stanley says the investors do not have to pay different prices in Hong Kong and Shanghai for the same stocks for a very long time now.
Today in a television interview, Jonathan Garner, the head of Asia and emerging-market strategy at Morgan Stanley, said in Hong Kong that the gaps existing between valuation for dual-listed shares will soon disappear as an exchange link between the two cities will lead to the formation of a 'one-China' market.
Morgan Stanley's Ms. Katy Huberty is putting in her best efforts to earn her set target for Apple (AAPL) i. e. $960 (her published 12-month price target), which she set and announced on January 25.
Sources have confirmed that she is earning new and better records every day. Ms. Huberty unfortunately got stuck at $515 but her Tuesday closing read at $568.10.
According to reports, markets are now in meltdown status, due to fears regarding the possibility of a new global recession, as Financial giant, Morgan Stanley cautioned against the growing chance of a global recession on Thursday night, amidst reports that the United States Federal Reserve is intensely examining the health of the European branches of its top banks.