Group 1 - Chinese concept stocks continue to rise, with the Nasdaq Golden Dragon China Index increasing by over 2% on October 2 [1] - During the Asian trading session, the Hang Seng Index rose by over 1.6%, and the Hang Seng Tech Index increased by over 3% [2] - Global fund managers are returning to the Chinese market, driven by the strong rebound of the Chinese stock market and significant advancements in the high-tech industry [2] Group 2 - Morgan Stanley's chief China equity strategist noted that as corporate earnings stabilize and the tech sector shows upward potential, global investor interest in Chinese stocks is increasing [2] - Over 90% of U.S. investors surveyed plan to increase their exposure to Chinese stocks, indicating a growing interest from this demographic [2] - The net increase in foreign investment in domestic stocks and funds reached $10.1 billion in the first half of the year, with significant inflows in May and June [3] Group 3 - Specific stocks showing notable gains include: - WeRide (WRD) up 8.13% - Smart Future (AIFU) up 6.82% - EHang (EH) up 5.52% - Alibaba (BABA) up 4.37% [3][4] - Morgan Stanley raised Alibaba's ADR target price from $170 to $245, reflecting a shift in valuation logic towards AI-driven growth narratives [5]