Ratings by China Merchants Securities (Crystal Li)

Date CompanySymbol Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
2/27/2026 Duolingo Inc. DUOL Downgrade Hold
(Buy)
117.45
(101.92)
-13.22% Details
8/20/2025 Vipshop Holdings VIPS Upgrade Buy
(Hold)
16.82
(15.95)
-5.17% Details
3/21/2025 Pinduoduo Inc. PDD Upgrade Buy
(Hold)
130.92
(101.97)
-22.11% Details
11/22/2024 Pinduoduo Inc. PDD Downgrade Hold
(Buy)
104.09
(101.97)
-2.04% Details