The tariff cut between the US and China improved market sentiment, Morgan Stanley issued a research report saying. Considering stable interest rates, healthy insurance sales trends and ongoing quality-focused transition, the broker believed that insurers are attractive. Morgan Stanley also believed that most insurers will see improved new business value growth in 2Q25, mainly due to solid fundamentals.Related NewsCICC Lists Changes in HSI Constituents' Weightings, Forecasts in Passive Funds Changes (Table)The broker was more bullish on life insurers, and preferred PING AN (02318.HK) +0.250 (+0.539%) Short selling $203.97M; Ratio 12.072% more. Morgan Stanley also saw more market interest in PICC GROUP (01339.HK) +0.050 (+0.967%) Short selling $34.41M; Ratio 17.504% , which it sees as attractively valued. Moreover, AIA (01299.HK) -0.700 (-1.047%) Short selling $493.12M; Ratio 18.753% is also attracting attention due to its decent 1Q25 performance and favorable foreign exchange impact.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-20 16:25.)