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Investing in Chinese Stocks
US listed Chinese stocks did in fact rise on Monday due to the easing of code restrictions. The NASDAQ golden dragon China index closed up 2.8% compared with a loss of 1.5% in the S&P. Morgan Stanley believes that the MSCI China and index tracking major Chinese stocks will hit the 70 level by the end of 2023, which would be a 14% increase from its current level.