News Snapshot:
Wall Street is excited about China's reopening. Since the turn of the year, investment banks have become increasingly bullish on the world's second-largest economy, upgrading their outlook on its stocks. But Morgan Stanley is going even further: It's predicting that Chinese stocks will beat global markets this year. "We are getting even more bullish on Chinese equities after turning very constructive on the market at the beginning of December last year," Laura Wang, Morgan Stanley's chief China equity strategist, told CNBC's " Street Signs Asia " on Wednesday. The bank predicts upside of around 15% for both the MSCI China...
