STOCKS | Morgan Stanley Says Hong Kong Shares Still Offer A Good Re-Entry Point

Morgan Stanley said Hong Kong stocks will face new-share lockup expiries in July and September this year, but described the issue as a short-term liquidity event with limited impact on the broader index, according to Ming Pao. The firm reiterated that it remains a good time to rebuild positions in Hong Kong equities, while flagging 32 stocks that it said would be more heavily affected by the unlocks and advising investors to avoid them in the near term.