IIVI - As China looks to open up here are the stocks with the most revenue exposure

China is cutting its quarantine time for international travelers to 10 days, which is lending support to sectors like casino stocks. Morgan Stanley just published its Global Exposure Guide, which tracks revenue and cost exposure by region. "While China is a very important source of revenue for some companies like the casinos/hotels/tech companies the median company in our coverage derives 0% of revenue from China," strategist Michelle Weaver and team wrote in the report. "The maximum exposures also vary substantially by sector," Weaver said. Four sectors - Consumer Discretionary (XLY), Info Tech (NYSEARCA:XLK), Industrials (XLI) and Healthcare (XLV) - have maximum exposure higher than 30%. Three sectors - Materials (XLB), Energy (XLE) and Consumer Staples (XLP) - have maxmimum exposure in the high teens. No Utility (XLU) has exposure to China. "This high degree of variation makes it very important to examine exposure at the stock level." "The Tech sector

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As China looks to open up, here are the stocks with the most revenue exposure