Mainland China stock sentiment turns bearish again, Morgan Stanley indicator shows

Investor sentiment has weakened again, with a gauge of mainland Chinese stock market sentiment tracked by Morgan Stanley falling back into bearish territory, prompting the investment bank to maintain a cautious outlook on the broader market. The weighted Morgan Stanley A-Share Sentiment Indicator fell 16 percentage points to 15 per cent as of November 11 from November 5, slipping below its 22 per cent threshold for overly bearish sentiment, according to a report published by the bank on...