Morgan Stanley: AI diffusion and industrial upgrading drive growth, optimistic about ZEEKR target price of 37 yuan
Morgan Stanley pointed out in its report that the Chinese industrial sector will develop around the diffusion of AI technology, industrial upgrades, and globalization progress in 2026. It is optimistic about the market share growth opportunities for ZEEKR, setting a target price of 37 yuan and giving it an "Overweight" rating. It is expected that under the drive of industrial upgrades and AI technology, the fundamentals of China's capital goods will recover, and profit margins and return on equity will expand. The application of AI will accelerate in 2026, marking a new phase in the adoption of AI technology
