M FoundationInvestor Presentation | Asia PacificAsia EM Equity Strategy: Australia Marketing – New Era for Asia / EMMorgan Stanley Asia (Singapore) Pte.+Jonathan F GarnerEquity Strategist Jonathan.Garner@morganstanley.com +65 6834-8172 Daniel K BlakeEquity Strategist Daniel.Blake@morganstanley.com +65 6834-6597 Morgan Stanley Asia Limited+Laura WangEquity Strategist Laura.Wang@morganstanley.com +852 2848-6853 Crystal NgEquity Strategist Crystal.Ng@morganstanley.com +852 2239-1468 Morgan Stanley Asia (Singapore) Pte.+Kristal JiEquity Strategist Kristal.Ji@morganstanley.com +65 6834-6949 Morgan Stanley Asia Limited+Catherine ChenEquity Strategist Catherine.Chen@morganstanley.com +852 3963-4186 Raymond K LiuEquity Strategist Raymond.K.Liu@morganstanley.com +852 2848-7293 Japan & India are in strong secular bull markets which we expect to continue whilst China is in a secular bear market which requires forceful reflationary policy to turn around. Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision.For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report.+= Analysts employed by non-U.S. affiliates are not registered with FINRA, may not be associated persons of the member and may not be subject to FINRA restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account. February 25, 2024 09:00 PM GMTM Foundation2Asia EM Equity StrategyAustralia Marketing Presentation – New Era for Asia / EMFebruary 26, 2024INVESTOR PRESENTATIONMorgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision.For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report.+= Analysts employed by non-U.S. affiliates are not registered with FINRA, may not be associated persons of the member and may not be subject to FINRA restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.M O R G A N S T A N L E Y R E S E A R C HAsia/PacificJapan & India are in strong secular bull markets which we expect to continue whilst China is in a secular bear market which requires forceful reflationary policy to turn around. M FoundationMorgan Stanley Research3Summar...
