Morgan Stanley: CICC (03908) has over an 80% chance of increasing in stock price in the next 30 days.

Morgan Stanley released a research report stating that they believe the stock price of CICC (03908) will rise in the next 30 days, with a probability of over 80%. The main reason is that the stock price has recently fallen, making short-term valuation more attractive. The bank believes that CICC can continue to increase market share in A-share and H-share IPO underwriting, derivative business, and fee-based wealth management business. The current market environment is favorable, with high average daily turnover in A-shares and H-shares, and IPO activity continuing to rebound. Potential catalysts include the relaxation of the leverage limit for leading securities firms, formal implementation of new regulations on derivatives, and progress in mergers and acquisitions with small and medium-sized securities firms.