Ratings by Daiwa Securities (John Choi)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 6/23/2026 | JD.com, Inc | JD | Downgrade | Neutral (3) (Buy (1)) |
27.02 (27.01) |
-0.04% | Details | |
| 6/23/2026 | Pinduoduo Inc. | PDD | Downgrade | Neutral (3) (Buy (1)) |
78.11 (80.97) |
3.66% | Details | |
| 3/13/2026 | Full Truck Alliance Co. Ltd. | YMM | Downgrade | Neutral (3) (Buy (1)) |
8.98 (8.75) |
-2.56% | Details | |
| 3/11/2026 | JOYY | JOYY | Upgrade | Buy (1) (Outperform (2)) |
59.80 (81.98) |
37.09% | Details | |
| 10/14/2025 | Baidu | BIDU | Upgrade | Buy (1) (Outperform (2)) |
125.72 (80.14) |
-36.26% | Details | |
| 2/18/2025 | Baidu | BIDU | Downgrade | Outperform (2) (Buy (1)) |
97.48 (80.14) |
-17.79% | Details | |
| 5/22/2024 | Vipshop Holdings | VIPS | Downgrade | Neutral (3) (Buy (1)) |
16.45 (12.86) |
-21.82% | Details | |
| 6/8/2023 | Trip.com Group Limited | TCOM | Upgrade | Buy (1) (Outperform (2)) |
34.29 (40.01) |
16.68% | Details | |
| 3/29/2023 | Vipshop Holdings | VIPS | Upgrade | Outperform (2) (Neutral (3)) |
15.23 (12.86) |
-15.56% | Details | |
| 1/20/2023 | Baozun | BZUN | Upgrade | Outperform (2) (Neutral (3)) |
7.07 (3.72) |
-47.38% | Details | |
| 12/7/2022 | JD.com, Inc | JD | Maintain | Buy (1) (N/A) |
|
Details | ||
| 9/22/2022 | Trip.com Group Limited | TCOM | Upgrade | Buy (1) (Neutral (3)) |
24.43 (40.01) |
63.77% | Details | |
| 8/24/2022 | GDS Holdings | GDS | Downgrade | Sell (5) (Outperform (2)) |
25.29 (23.08) |
-8.74% | Details | |
| 8/20/2021 | Baozun | BZUN | Downgrade | Sell (5) (Buy (1)) |
21.14 (3.72) |
-82.4% | Details | |
| 5/5/2021 | Pinduoduo Inc. | PDD | New Coverage | Buy (1) (N/A) |
132.17 (80.97) |
-38.74% | Details | |
| 4/14/2021 | JD.com, Inc | JD | Maintain | Buy (1) (Buy (1)) |
|
Details | ||
| 3/25/2021 | 21Vianet | VNET | Maintain | Buy (1) (Buy (1)) |
|
Details | ||
| 3/12/2021 | GDS Holdings | GDS | Maintain | Outperform (2) (Outperform (2)) |
|
Details | ||
| 3/12/2021 | JD.com, Inc | JD | Maintain | Buy (1) (Buy (1)) |
|
Details | ||
| 2/23/2021 | GDS Holdings | GDS | Downgrade | Outperform (2) (Buy (1)) |
108.04 (23.08) |
-78.64% | Details | |
| 11/4/2020 | GDS Holdings | GDS | New Coverage | Buy (1) (N/A) |
87.47 (108.04) |
23.52% | Details | |
| 11/4/2020 | 21Vianet | VNET | New Coverage | Buy (1) (N/A) |
23.97 (3.92) |
-83.65% | Details | |
| 8/21/2020 | Vipshop Holdings | VIPS | Downgrade | Sell (5) (Buy (1)) |
19.26 (12.86) |
-33.23% | Details | |
| 8/14/2020 | NetEase.com | NTES | New Coverage | Buy (1) (N/A) |
464.87 (126.06) |
-72.88% | Details | |
| 3/10/2020 | Trip.com Group Limited | TCOM | Downgrade | Neutral (3) (Outperform (2)) |
26.90 (40.01) |
48.74% | Details | |
| 1/9/2020 | Baidu | BIDU | Upgrade | Buy (1) (Outperform (2)) |
136.70 (80.14) |
-41.38% | Details | |
| 1/9/2020 | Alibaba | BABA | New Coverage | Buy (1) (N/A) |
217.63 (109.11) |
-49.86% | Details | |
| 10/25/2019 | TAL International | TAL | Upgrade | Buy (1) (Outperform (2)) |
42.72 (12.00) |
-71.91% | Details | |
| 8/30/2019 | Baidu | BIDU | Maintain | Neutral (3) (N/A) |
|
Details | ||
| 8/16/2019 | Vipshop Holdings | VIPS | Upgrade | Buy (1) (Neutral (3)) |
7.20 (12.86) |
78.61% | Details | |
| 5/28/2019 | Vipshop Holdings | VIPS | Upgrade | Neutral (3) (Underperform (4)) |
7.65 (7.20) |
-5.88% | Details | |
| 5/17/2019 | Baidu | BIDU | Downgrade | Neutral (3) (Buy (1)) |
153.70 (136.70) |
-11.06% | Details | |
| 4/26/2019 | TAL International | TAL | Upgrade | Outperform (2) (Neutral (3)) |
36.17 (42.72) |
18.11% | Details | |
| 4/24/2019 | New Oriental Education | EDU | Maintain | Buy (1) (N/A) |
|
Details | ||
| 4/11/2019 | Baidu | BIDU | Maintain | Buy (1) (N/A) |
|
Details | ||
| 3/8/2019 | New Oriental Education | EDU | Maintain | Buy (1) (N/A) |
|
Details | ||
| 3/8/2019 | Baidu | BIDU | Maintain | Buy (1) (N/A) |
|
Details | ||
| 3/1/2019 | JD.com, Inc | JD | Maintain | Buy (1) (N/A) |
|
Details | ||
| 1/28/2019 | TAL International | TAL | Maintain | (N/A) |
|
Details | ||
| 12/19/2018 | Baidu | BIDU | Maintain | Buy (1) (N/A) |
|
Details | ||
| 11/19/2018 | Vipshop Holdings | VIPS | Maintain | Underperform (4) (N/A) |
|
Details | ||
| 8/14/2018 | Vipshop Holdings | VIPS | Downgrade | Underperform (4) (Neutral (3)) |
9.01 (7.65) |
-15.09% | Details |
