Morgan Stanley: Raises Metaverse Price Target by Nearly 72%, Bullish on Growing Computing Power and New Financing Support

August 10th - Morgan Stanley stated that the continuously increasing mining hash rate and new financing are supporting the stronger growth of Smart Spectrum. They have raised the target price of Smart Spectrum by nearly 72% to HK$1700. The report pointed out that the large-scale mining industry in China is establishing a healthier commercial environment, which is contrary to the common belief in the market that China's open-weight models will lead to product homogeneity and price wars.