MS · News · 20260922N

Capital Markets Demand Trends

MORGAN STANLEY · 2026-09-22 · Importance 20 · Surprise 24

Morgan Stanley and Goldman Sachs are participating in a $17.2 billion Chinese technology fundraising boom. The activity spans artificial intelligence, semiconductors, and data-center infrastructure companies. Wall Street banks arranged nearly 30% of Chinese high-tech share sales in 2026, indicating strong demand for equity capital despite U.S.-China competition over AI leadership. The reported deal flow highlights continued capital-markets activity in China amid geopolitical tensions.