Unless we are reading this just released 13G from the China Investment Corporation wrong, Morgan Stanley has just gotten a new second largest holder of its stock. According to the 13G, CIC now owns 150,782,379 shares, or 9.97% of the outstanding stock, compared to 34,719,468 as of August 9, 2010, which in turn was a sneaky decline of 1.6 million shares from the prior period. Instead of buying our bonds, are the Chinese now looking at purchasing our banks directly? The attached chart shows how MS' holdings looked just before this 13G filing. CIC is now the top 2 holder of MS stock, just behind State Street with 163.7 million shares.