Ratings by Daiwa Securities (Kelvin Lau)

Date CompanySymbol Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
11/18/2025 XPeng XPEV Upgrade Buy (1)
(Neutral (3))
25.01
(12.88)
-48.5% Details
9/3/2025 Li Auto LI Upgrade Buy (1)
(Outperform (2))
24.40
(12.14)
-50.25% Details
3/19/2025 XPeng XPEV Downgrade Neutral (3)
(Outperform (2))
24.56
(25.01)
1.83% Details
5/23/2024 XPeng XPEV Upgrade Buy (1)
(Neutral (3))
8.75
(12.88)
47.2% Details
2/29/2024 XPeng XPEV Upgrade Neutral (3)
(Sell (5))
8.73
(12.88)
47.54% Details
8/9/2023 Li Auto LI Maintain Buy (1)
(N/A)
 
 
  Details
6/9/2023 NIO NIO Maintain Buy (1)
(N/A)
 
 
  Details
12/14/2022 XPeng XPEV Downgrade Sell (5)
(Buy (1))
10.31
(12.88)
24.93% Details
3/9/2021 XPeng XPEV Upgrade Buy (1)
()
28.03
(12.88)
-54.05% Details
2/26/2021 Li Auto LI Upgrade Neutral (3)
(Buy (1))
25.87
(24.40)
-5.68% Details
11/19/2020 ZTO Express ZTO Downgrade Outperform (2)
(Buy (1))
32.59
(24.06)
-26.17% Details
7/16/2020 ZTO Express ZTO Upgrade Buy (1)
(Sell (5))
36.26
(24.06)
-33.65% Details
5/21/2020 ZTO Express ZTO Downgrade Neutral (3)
(Buy (1))
34.28
(36.26)
5.78% Details
12/20/2019 China Eastern Airlines CEA Upgrade Buy (1)
(Outperform (2))
26.85
(20.09)
-25.18% Details
4/2/2019 China Southern Airlines ZNH Downgrade Outperform (2)
(Buy (1))
45.82
(33.08)
-27.8% Details
3/14/2019 ZTO Express ZTO Maintain Buy (1)
(N/A)
 
 
  Details
8/31/2018 China Eastern Airlines CEA Upgrade Outperform (2)
(Neutral (3))
31.21
(26.85)
-13.97% Details
8/29/2018 China Southern Airlines ZNH Upgrade Outperform (2)
(Buy (1))
34.71
(45.82)
32.01% Details