Ratings by Morgan Stanley (Eddy Wang)

Date CompanySymbol 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
(26.12)
-18.25% 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
(45.04)
-25.97% 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
(9.44)
3.74% 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
(26.12)
-13.91% 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
(7.64)
22.83% Details
4/11/2023 JD.com, Inc JD Maintain Overweight
(N/A)
 
 
  Details
3/2/2023 Pinduoduo Inc. PDD Upgrade Overweight
(Equalweight)
87.73
(76.56)
-12.73% 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
(76.56)
25.92% 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
(1.97)
-48.02% 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
(13.17)
33.84% 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
(13.14)
-60.92% Details
7/27/2021 Dingdong Cayman Limited DDL New Coverage Overweight
(N/A)
21.54
(1.97)
-90.85% Details
7/21/2021 Autohome Inc. ATHM Downgrade Equalweight
(Overweight)
59.53
(18.37)
-69.14% 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
(13.17)
-51.97% Details
1/28/2021 Autohome Inc. ATHM Maintain Overweight
(Overweight)
 
 
  Details
11/30/2020 Yunji Inc. YJ Downgrade Underweight
(Equalweight)
3.81
(1.60)
-58.01% Details
9/28/2020 Vipshop Holdings VIPS Downgrade Underweight
(Equalweight)
16.73
(13.17)
-21.28% 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
(13.17)
2.09% Details
2/5/2020 Yunji Inc. YJ Downgrade Equalweight
(Overweight)
5.14
(1.60)
-68.87% Details
5/28/2019 Yunji Inc. YJ New Coverage Overweight
(N/A)
10.95
(5.14)
-53.06% Details