Shenzhen Inovance Technology

Morgan Stanley recommends Beijing Geekplus Technology (2590.HK) as top pick, applying 8.0x 2026 price‑to‑sales multiple (~20% discount to peers). Shenzhen Inovance Technology (300124.SZ) valued at 35x

Morgan Stanley recommends three China industrial stocks—Geekplus, Inovance, and Bochu—targeting warehouse automation, AI, and energy transition growth. Valuations use 2026 multiples: Geekplus 8.0x pri