Morgan Stanley on China tech stocks amid Beijing regulation

Morgan Stanley on China tech stocks amid Beijing regulation

Chinese e-commerce applications in the lead up to the June 18 mid-year shopping festival. Clockwise from top left: Alibaba Group’s Taobao, Pinduoduo, Alibaba, Alibaba’s Tmall, JD.com and Alibaba’s Idle Fish.

Chan Long Hei | Bloomberg | Getty Images

China’s regulatory clampdown on the technology sector could continue — but Morgan Stanley said there’s value in buying some Chinese internet stocks over the next 12 to 18 months.

Original news source Credit: www.cnbc.com

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