Why Is Morgan Stanley Predicting a Rally in China?

Jonathan Garner, head of emerging markets strategy at Morgan Stanley, discusses the potential for a strong market rally in China, predicting stocks may double in 18 months. He highlights high account openings and low valuations as positive indicators. However, concerns about future market trends arise, with significant outflows from ETFs and worries about the Chinese economy slowing. The video explores both optimistic and pessimistic views on the market's future.

What is Jonathan's forecast regarding the stock market in the next 18 months?

What is the significance of the low valuations mentioned in the text?

What factors contribute to the rise of the composite index to a three-year high?

How have the outflows from the China ETF Fund changed recently?

What concerns do investors have regarding new loan growth in the Chinese economy?