Ratings by CLSA (Elinor Leung)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 10/2/2025 | Alibaba | BABA | Maintain | Outperform (2) (N/A) |
|
Details | ||
| 9/22/2025 | Baidu | BIDU | Maintain | Outperform (2) (N/A) |
|
Details | ||
| 2/20/2025 | Alibaba | BABA | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
125.79 (128.90) |
2.47% | Details | |
| 11/20/2024 | Trip.com Group Limited | TCOM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/8/2024 | Baidu | BIDU | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 10/31/2024 | JD.com, Inc | JD | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 10/24/2024 | Autohome Inc. | ATHM | Downgrade | Outperform (2) (Underperform (4)) |
29.13 (22.48) |
-22.83% | Details | |
| 8/23/2024 | NetEase.com | NTES | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/13/2024 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/10/2024 | Bilibili | BILI | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
14.01 (17.31) |
23.55% | Details | |
| 5/8/2024 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/6/2024 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 3/4/2024 | Weibo Corp | WB | Downgrade | High-Conviction Underperform (5) (High-Conviction Outperform (1)) |
9.14 (7.49) |
-18.05% | Details | |
| 2/24/2024 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/6/2023 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 4/14/2023 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/15/2022 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/10/2022 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/10/2022 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/2/2022 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 10/12/2022 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 10/11/2022 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/9/2022 | Bilibili | BILI | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 8/3/2022 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 7/26/2022 | Autohome Inc. | ATHM | Upgrade | Underperform (4) (High-Conviction Underperform (5)) |
35.99 (22.48) |
-37.54% | Details | |
| 5/25/2022 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/25/2022 | Bilibili | BILI | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/17/2022 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 3/4/2022 | Bilibili | BILI | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 2/22/2022 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/22/2022 | TripAdvisor | TRIP | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/15/2022 | Autohome Inc. | ATHM | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 2/15/2022 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/7/2022 | iQIYI | IQ | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/19/2021 | Autohome Inc. | ATHM | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 11/19/2021 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/19/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/18/2021 | iQIYI | IQ | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/18/2021 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/17/2021 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 10/29/2021 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 10/5/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/24/2021 | TripAdvisor | TRIP | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/24/2021 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/24/2021 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/24/2021 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/20/2021 | Bilibili | BILI | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 8/19/2021 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 7/26/2021 | Bilibili | BILI | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
108.66 (17.31) |
-84.07% | Details | |
| 5/27/2021 | Autohome Inc. | ATHM | Downgrade | High-Conviction Underperform (5) (Underperform (4)) |
77.28 (35.99) |
-53.43% | Details | |
| 5/26/2021 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/19/2021 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 5/19/2021 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 5/19/2021 | iQIYI | IQ | Upgrade | Underperform (4) (High-Conviction Underperform (5)) |
12.65 (1.71) |
-86.48% | Details | |
| 5/18/2021 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/14/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 4/27/2021 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 4/19/2021 | Bilibili | BILI | New Coverage | High-Conviction Outperform (1) (N/A) |
103.48 (17.31) |
-83.27% | Details | |
| 4/15/2021 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 4/12/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 3/19/2021 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 3/4/2021 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (High-Conviction Outperform (1)) |
|
Details | ||
| 2/18/2021 | iQIYI | IQ | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 2/16/2021 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/16/2021 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/16/2021 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/3/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/2/2021 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 1/12/2021 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/11/2021 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/11/2021 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 12/28/2020 | Weibo Corp | WB | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/30/2020 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/18/2020 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/18/2020 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/18/2020 | iQIYI | IQ | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 10/1/2020 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/29/2020 | Weibo Corp | WB | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
34.96 (7.49) |
-78.58% | Details | |
| 9/25/2020 | TripAdvisor | TRIP | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/24/2020 | Pinduoduo Inc. | PDD | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
97.13 (90.20) |
-7.13% | Details | |
| 8/20/2020 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/14/2020 | iQIYI | IQ | Downgrade | High-Conviction Underperform (5) (Underperform (4)) |
21.68 (12.65) |
-41.65% | Details | |
| 7/9/2020 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/22/2020 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/20/2020 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/19/2020 | SINA Corporation | SINA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/19/2020 | Weibo Corp | WB | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/19/2020 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/19/2020 | iQIYI | IQ | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/15/2020 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 4/14/2020 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 3/12/2020 | 58. com Inc | WUBA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 3/11/2020 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/28/2020 | iQIYI | IQ | Upgrade | Underperform (4) (High-Conviction Underperform (5)) |
24.42 (21.68) |
-11.22% | Details | |
| 2/27/2020 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/20/2020 | Autohome Inc. | ATHM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/19/2020 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 1/30/2020 | iQIYI | IQ | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 1/29/2020 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | Pinduoduo Inc. | PDD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/10/2020 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/21/2019 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/20/2019 | 58. com Inc | WUBA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/19/2019 | 58. com Inc | WUBA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 11/18/2019 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/15/2019 | JD.com, Inc | JD | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/15/2019 | Weibo Corp | WB | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
43.44 (7.49) |
-82.76% | Details | |
| 11/14/2019 | Trip.com Group Limited | TCOM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/7/2019 | Baidu | BIDU | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
107.36 (92.87) |
-13.5% | Details | |
| 11/6/2019 | Autohome Inc. | ATHM | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 10/18/2019 | Autohome Inc. | ATHM | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
85.12 (77.28) |
-9.21% | Details | |
| 9/11/2019 | Ctrip.com | CTRP | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/20/2019 | Baidu | BIDU | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/20/2019 | SINA Corporation | SINA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 8/20/2019 | iQIYI | IQ | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
18.08 (17.46) |
-3.43% | Details | |
| 8/19/2019 | Weibo Corp | WB | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
37.08 (7.49) |
-79.8% | Details | |
| 8/8/2019 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 7/8/2019 | Baidu | BIDU | Maintain | Underperform (4) (Underperform (4)) |
|
Details | ||
| 6/24/2019 | Autohome Inc. | ATHM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 5/29/2019 | 58. com Inc | WUBA | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 5/17/2019 | Baidu | BIDU | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
153.70 (107.36) |
-30.15% | Details | |
| 5/10/2019 | JD.com, Inc | JD | Upgrade | High-Conviction Outperform (1) (Underperform (4)) |
27.51 (29.35) |
6.69% | Details | |
| 3/5/2019 | Ctrip.com | CTRP | Upgrade | High-Conviction Outperform (1) (High-Conviction Underperform (5)) |
34.99 (34.93) |
-0.17% | Details | |
| 3/1/2019 | 58. com Inc | WUBA | Downgrade | Underperform (4) (High-Conviction Outperform (1)) |
72.91 (55.88) |
-23.36% | Details | |
| 3/1/2019 | JD.com, Inc | JD | Upgrade | Underperform (4) (High-Conviction Underperform (5)) |
27.71 (27.51) |
-0.72% | Details | |
| 2/27/2019 | Autohome Inc. | ATHM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/26/2019 | Autohome Inc. | ATHM | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 2/21/2019 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 1/15/2019 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/20/2018 | JD.com, Inc | JD | Maintain | High-Conviction Underperform (5) (N/A) |
|
Details | ||
| 11/16/2018 | NetEase.com | NTES | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/16/2018 | 58. com Inc | WUBA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 11/13/2018 | Autohome Inc. | ATHM | New Coverage | High-Conviction Outperform (1) (N/A) |
68.66 (85.12) |
23.97% | Details | |
| 11/8/2018 | Ctrip.com | CTRP | Downgrade | High-Conviction Underperform (5) (Underperform (4)) |
34.44 (34.99) |
1.6% | Details | |
| 10/29/2018 | China Telecom | CHA | Downgrade | High-Conviction Underperform (5) (Underperform (4)) |
48.38 (10.16) |
-79% | Details | |
| 9/24/2018 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 9/20/2018 | JD.com, Inc | JD | Downgrade | High-Conviction Underperform (5) (Underperform (4)) |
26.92 (27.71) |
2.93% | Details | |
| 9/4/2018 | China Literature Ltd. | CHLLF | New Coverage | High-Conviction Outperform (1) (N/A) |
7.09 (2.55) |
-64.03% | Details | |
| 9/4/2018 | iQIYI | IQ | New Coverage | High-Conviction Outperform (1) (N/A) |
28.90 (18.08) |
-37.44% | Details | |
| 8/24/2018 | Alibaba | BABA | Maintain | High-Conviction Outperform (1) (N/A) |
|
Details | ||
| 8/17/2018 | JD.com, Inc | JD | Maintain | Underperform (4) (N/A) |
|
Details |

