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