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Morgan Stanley says these Chinese stocks could rebound — Alibaba, Tencent aren't on the list

Pinduoduo's Nasdaq listing ceremony, from Shanghai Tower on July 26, 2018.
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Morgan Stanley analysts have picked some Chinese stocks they say are oversold and have a greater chance of rebounding after supportive comments from Chinese policymakers last week.

That doesn't mean the investment bank is all-in on Chinese stocks yet.

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