Ratings by Morgan Stanley (Eddy Wang)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 5/27/2026 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 4/17/2026 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/16/2026 | KE Holdings | BEKE | Maintain | Overweight (N/A) |
|
Details | ||
| 3/12/2026 | Full Truck Alliance Co. Ltd. | YMM | Maintain | Overweight (N/A) |
|
Details | ||
| 3/5/2026 | JD.com, Inc | JD | Maintain | Underweight (N/A) |
|
Details | ||
| 1/20/2026 | Full Truck Alliance Co. Ltd. | YMM | Maintain | Overweight (N/A) |
|
Details | ||
| 1/15/2026 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 12/31/2025 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/10/2025 | JD.com, Inc | JD | Downgrade | Underweight (Equalweight) |
31.95 (25.67) |
-19.66% | Details | |
| 8/18/2025 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/27/2025 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 5/23/2025 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 5/13/2025 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/24/2025 | TAL International | TAL | Maintain | Overweight (N/A) |
|
Details | ||
| 3/24/2025 | New Oriental Education | EDU | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/20/2025 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/5/2025 | Full Truck Alliance Co. Ltd. | YMM | Maintain | Overweight (N/A) |
|
Details | ||
| 1/23/2025 | TAL International | TAL | Maintain | Overweight (N/A) |
|
Details | ||
| 1/21/2025 | New Oriental Education | EDU | Downgrade | Equalweight (Overweight) |
60.84 (45.10) |
-25.87% | Details | |
| 1/17/2025 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/27/2024 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 11/12/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 10/24/2024 | TAL International | TAL | Maintain | Overweight (N/A) |
|
Details | ||
| 10/17/2024 | New Oriental Education | EDU | Maintain | Overweight (N/A) |
|
Details | ||
| 8/27/2024 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/27/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 8/20/2024 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 5/22/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 4/19/2024 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/19/2024 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/19/2024 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/18/2024 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/20/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/18/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/13/2024 | Full Truck Alliance Co. Ltd. | YMM | Maintain | Overweight (N/A) |
|
Details | ||
| 3/12/2024 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 3/1/2024 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/28/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 1/30/2024 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 1/25/2024 | TAL International | TAL | Maintain | Overweight (N/A) |
|
Details | ||
| 11/30/2023 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/30/2023 | JD.com, Inc | JD | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/28/2023 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 11/7/2023 | TAL International | TAL | New Coverage | Overweight (N/A) |
9.10 (9.25) |
1.65% | Details | |
| 11/7/2023 | New Oriental Education | EDU | New Coverage | Overweight (N/A) |
66.39 (60.84) |
-8.36% | Details | |
| 10/13/2023 | JD.com, Inc | JD | Downgrade | Equalweight (Overweight) |
30.34 (25.67) |
-15.39% | Details | |
| 7/25/2023 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 7/5/2023 | Full Truck Alliance Co. Ltd. | YMM | New Coverage | Overweight (N/A) |
6.22 (7.85) |
26.21% | Details | |
| 4/11/2023 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/2/2023 | Pinduoduo Inc. | PDD | Upgrade | Overweight (Equalweight) |
87.73 (76.57) |
-12.72% | Details | |
| 11/28/2022 | Pinduoduo Inc. | PDD | Maintain | Equalweight (N/A) |
|
Details | ||
| 10/28/2022 | Dingdong Cayman Limited | DDL | Maintain | Equalweight (N/A) |
|
Details | ||
| 10/28/2022 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 10/28/2022 | Pinduoduo Inc. | PDD | Maintain | Equalweight (N/A) |
|
Details | ||
| 10/28/2022 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 10/24/2022 | Autohome Inc. | ATHM | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/30/2022 | Pinduoduo Inc. | PDD | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/12/2022 | Dingdong Cayman Limited | DDL | Maintain | Underweight (N/A) |
|
Details | ||
| 8/3/2022 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 7/11/2022 | Pinduoduo Inc. | PDD | Downgrade | Equalweight (Overweight) |
60.80 (76.57) |
25.94% | Details | |
| 6/6/2022 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 5/18/2022 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 4/21/2022 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/23/2022 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 3/21/2022 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/21/2022 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 3/21/2022 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/21/2022 | Dingdong Cayman Limited | DDL | Downgrade | Underweight (Equalweight) |
3.79 (2.04) |
-46.17% | Details | |
| 3/21/2022 | Autohome Inc. | ATHM | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/7/2022 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 2/24/2022 | Vipshop Holdings | VIPS | Downgrade | Equalweight (Overweight) |
9.84 (13.38) |
35.98% | Details | |
| 9/20/2021 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 9/20/2021 | Kanzhun Ltd. | BZ | Maintain | Overweight (N/A) |
|
Details | ||
| 9/16/2021 | Autohome Inc. | ATHM | Maintain | Equalweight (N/A) |
|
Details | ||
| 8/20/2021 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 8/20/2021 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 8/4/2021 | Kanzhun Ltd. | BZ | New Coverage | Overweight (N/A) |
33.62 (13.26) |
-60.56% | Details | |
| 7/27/2021 | Dingdong Cayman Limited | DDL | New Coverage | Overweight (N/A) |
21.54 (2.04) |
-90.53% | Details | |
| 7/21/2021 | Autohome Inc. | ATHM | Downgrade | Equalweight (Overweight) |
59.53 (18.80) |
-68.42% | Details | |
| 5/18/2021 | Autohome Inc. | ATHM | Maintain | Overweight (N/A) |
|
Details | ||
| 4/20/2021 | Vipshop Holdings | VIPS | Maintain | Overweight (Overweight) |
|
Details | ||
| 4/20/2021 | JD.com, Inc | JD | Maintain | Overweight (Overweight) |
|
Details | ||
| 4/20/2021 | 51job | JOBS | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 4/13/2021 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 2/1/2021 | Vipshop Holdings | VIPS | Upgrade | Overweight (Equalweight) |
27.42 (13.38) |
-51.2% | Details | |
| 1/28/2021 | Autohome Inc. | ATHM | Maintain | Overweight (Overweight) |
|
Details | ||
| 11/30/2020 | Yunji Inc. | YJ | Downgrade | Underweight (Equalweight) |
3.81 (1.58) |
-58.53% | Details | |
| 9/28/2020 | Vipshop Holdings | VIPS | Downgrade | Underweight (Equalweight) |
16.73 (13.38) |
-20.02% | Details | |
| 6/18/2020 | Vipshop Holdings | VIPS | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/18/2020 | JD.com, Inc | JD | Maintain | Overweight (N/A) |
|
Details | ||
| 6/18/2020 | Pinduoduo Inc. | PDD | Maintain | Overweight (N/A) |
|
Details | ||
| 3/13/2020 | 58. com Inc | WUBA | Maintain | Overweight (N/A) |
|
Details | ||
| 2/5/2020 | Vipshop Holdings | VIPS | New Coverage | Equalweight (N/A) |
12.90 (13.38) |
3.72% | Details | |
| 2/5/2020 | Yunji Inc. | YJ | Downgrade | Equalweight (Overweight) |
5.14 (1.58) |
-69.26% | Details | |
| 5/28/2019 | Yunji Inc. | YJ | New Coverage | Overweight (N/A) |
10.95 (5.14) |
-53.06% | Details |

