Ratings by Macquarie (Linda Huang)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 8/31/2026 | Chagee Holdings | CHA | Upgrade | Outperform (Neutral) |
10.35 (12.46) |
20.39% | Details | |
| 8/28/2026 | Chagee Holdings | CHA | Upgrade | Outperform (Neutral) |
10.35 (10.35) |
0% | Details | |
| 7/30/2026 | New Oriental Education | EDU | Upgrade | Neutral (Underperform) |
58.58 (58.68) |
0.17% | Details | |
| 7/10/2026 | Chagee Holdings | CHA | Maintain | Neutral (N/A) |
|
Details | ||
| 4/29/2026 | Yum China Holdings | YUMC | Maintain | Outperform (N/A) |
|
Details | ||
| 4/1/2026 | Yum China Holdings | YUMC | Maintain | Outperform (N/A) |
|
Details | ||
| 4/1/2026 | Chagee Holdings | CHA | Maintain | Neutral (N/A) |
|
Details | ||
| 1/30/2026 | TAL International | TAL | Upgrade | Outperform (Neutral) |
10.76 (10.46) |
-2.79% | Details | |
| 9/5/2025 | Luckin Coffee | LKNCY | New Coverage | Outperform (N/A) |
37.90 (32.55) |
-14.12% | Details | |
| 9/5/2025 | Chagee Holdings | CHA | New Coverage | Neutral (N/A) |
18.40 (10.35) |
-43.75% | Details | |
| 4/25/2025 | TAL International | TAL | Downgrade | Neutral (Outperform) |
10.98 (10.76) |
-2% | Details | |
| 1/21/2025 | New Oriental Education | EDU | Downgrade | Underperform (Outperform) |
60.84 (58.58) |
-3.71% | Details | |
| 10/24/2024 | TAL International | TAL | Maintain | Outperform (N/A) |
|
Details | ||
| 8/6/2024 | Yum China Holdings | YUMC | Upgrade | Outperform (Underperform) |
29.80 (44.76) |
50.2% | Details | |
| 5/5/2024 | Youdao | DAO | Maintain | Outperform (N/A) |
|
Details | ||
| 3/4/2024 | Melco Resorts & Entertainment Limited | MLCO | Maintain | Outperform (N/A) |
|
Details | ||
| 3/4/2024 | Youdao | DAO | Maintain | Outperform (N/A) |
|
Details | ||
| 2/6/2024 | Youdao | DAO | Maintain | Outperform (N/A) |
|
Details | ||
| 8/3/2023 | Melco Resorts & Entertainment Limited | MLCO | Maintain | Outperform (N/A) |
|
Details | ||
| 8/2/2023 | Yum China Holdings | YUMC | Maintain | Underperform (N/A) |
|
Details | ||
| 7/18/2023 | Melco Resorts & Entertainment Limited | MLCO | New Coverage | Outperform (N/A) |
13.77 (3.96) |
-71.24% | Details | |
| 4/20/2023 | New Oriental Education | EDU | Maintain | Outperform (N/A) |
|
Details | ||
| 9/29/2022 | Yum China Holdings | YUMC | Maintain | Underperform (N/A) |
|
Details | ||
| 7/28/2022 | New Oriental Education | EDU | Upgrade | Outperform (Neutral) |
25.74 (58.68) |
127.97% | Details | |
| 6/23/2022 | New Oriental Education | EDU | Downgrade | Neutral (Outperform) |
20.76 (58.68) |
182.66% | Details | |
| 5/2/2022 | New Oriental Education | EDU | Maintain | (N/A) |
|
Details | ||
| 5/2/2022 | TAL International | TAL | Maintain | Outperform (N/A) |
|
Details | ||
| 12/2/2021 | New Oriental Education | EDU | Maintain | Outperform (N/A) |
|
Details | ||
| 9/15/2021 | Yum China Holdings | YUMC | Downgrade | Underperform (Neutral) |
61.22 (44.76) |
-26.89% | Details | |
| 5/19/2021 | Youdao | DAO | Maintain | Outperform (Outperform) |
|
Details | ||
| 4/29/2021 | Yum China Holdings | YUMC | Maintain | Neutral (Neutral) |
|
Details | ||
| 2/25/2021 | Youdao | DAO | Maintain | Outperform (Outperform) |
|
Details | ||
| 1/21/2021 | TAL International | TAL | Maintain | Outperform (Outperform) |
|
Details | ||
| 11/1/2018 | Yum China Holdings | YUMC | Maintain | Neutral (N/A) |
|
Details |


