Morgan Stanley: The end of July to August will be a key period for the sustainable recovery of the Chinese market.

Morgan Stanley's chief stock strategist in China, Wang Ying, released her latest views stating that the period from the end of July to August will be a crucial time for the sustainable recovery of the Chinese market. This is because the impact of price competition on profits in the e-commerce sector in the second quarter is trending towards disappearing, and the prospects for the commercialization of AI are making further progress. Short-term volatility may continue, with global markets still seeking stability. Investors significantly underweighting Chinese stocks may consider taking advantage of this opportunity to buy high-quality assets with stable fundamentals on dips. During significant fluctuations in the Korean stock market, Goldman Sachs released a report titled "Trading Ideas: Long China AI Value Chain." The report points out that China's AI has officially entered our field of vision. Goldman Sachs recommends that clients buy their self-built "GS China AI Value Chain" basket product, covering the entire industry chain including electricity, semiconductors, AI infrastructure, AI models, and AI applications. Goldman Sachs believes that since the end of 2022, AI-related stocks globally have created a total market value of $34 trillion, with China's share being extremely small. Currently, the market value of AI-related stocks in China is about $4 trillion - analysts believe that this number is "significantly low" relative to China's actual position in the global AI industry.