Ratings by Morgan Stanley (Yang Liu)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 5/26/2026 | NetEase.com | NTES | Maintain | Overweight (N/A) |
|
Details | ||
| 4/13/2026 | Trip.com Group Limited | TCOM | Maintain | Overweight (N/A) |
|
Details | ||
| 4/13/2026 | Bilibili | BILI | Upgrade | Overweight (Equalweight) |
23.77 (16.76) |
-29.49% | Details | |
| 3/19/2026 | Tencent Music Entertainment Group | TME | Downgrade | Equalweight (Overweight) |
10.30 (8.34) |
-19.03% | Details | |
| 3/17/2026 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 3/2/2026 | NetEase.com | NTES | Maintain | Overweight (N/A) |
|
Details | ||
| 2/26/2026 | Trip.com Group Limited | TCOM | Maintain | Overweight (N/A) |
|
Details | ||
| 11/13/2025 | Bilibili | BILI | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/12/2025 | Tencent Music Entertainment Group | TME | Maintain | Overweight (N/A) |
|
Details | ||
| 9/22/2025 | VNET Group Inc | VNET | Maintain | Overweight (N/A) |
|
Details | ||
| 9/16/2025 | Bilibili | BILI | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/22/2025 | VNET Group Inc | VNET | Maintain | Overweight (N/A) |
|
Details | ||
| 7/15/2025 | Trip.com Group Limited | TCOM | Maintain | Overweight (N/A) |
|
Details | ||
| 6/30/2025 | Bilibili | BILI | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/9/2025 | Tencent Music Entertainment Group | TME | Maintain | Overweight (N/A) |
|
Details | ||
| 6/3/2025 | Trip.com Group Limited | TCOM | Maintain | Overweight (N/A) |
|
Details | ||
| 5/13/2025 | Tencent Music Entertainment Group | TME | Maintain | Overweight (N/A) |
|
Details | ||
| 5/12/2025 | Tuya Inc | TUYA | Maintain | Overweight (N/A) |
|
Details | ||
| 3/10/2025 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 2/27/2025 | Tuya Inc | TUYA | Maintain | Overweight (N/A) |
|
Details | ||
| 2/12/2025 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 1/24/2025 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 1/21/2025 | Tencent Music Entertainment Group | TME | Upgrade | Overweight (Equalweight) |
10.40 (10.30) |
-0.96% | Details | |
| 1/8/2025 | NetEase.com | NTES | Upgrade | Overweight (Equalweight) |
88.22 (121.57) |
37.8% | Details | |
| 9/25/2024 | Tencent Music Entertainment Group | TME | New Coverage | Equalweight (N/A) |
11.85 (8.34) |
-29.62% | Details | |
| 9/25/2024 | Bilibili | BILI | New Coverage | Equalweight (N/A) |
18.63 (23.77) |
27.59% | Details | |
| 9/25/2024 | Trip.com Group Limited | TCOM | New Coverage | Equalweight (N/A) |
53.06 (46.42) |
-12.51% | Details | |
| 8/27/2024 | Tuya Inc | TUYA | Maintain | Overweight (N/A) |
|
Details | ||
| 5/21/2024 | Tuya Inc | TUYA | Maintain | Overweight (N/A) |
|
Details | ||
| 4/25/2024 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 3/21/2024 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 2/28/2024 | Tuya Inc | TUYA | Maintain | Overweight (N/A) |
|
Details | ||
| 11/29/2023 | Tuya Inc | TUYA | Upgrade | Overweight (Equalweight) |
1.91 (1.84) |
-3.66% | Details | |
| 11/9/2023 | VNET Group Inc | VNET | Maintain | Overweight (N/A) |
|
Details | ||
| 9/28/2023 | Agora Inc. | API | Downgrade | Equalweight (Overweight) |
2.78 (4.17) |
50% | Details | |
| 6/8/2023 | Tuya Inc | TUYA | Maintain | Equalweight (N/A) |
|
Details | ||
| 6/8/2023 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 6/5/2023 | Agora Inc. | API | Maintain | Overweight (N/A) |
|
Details | ||
| 9/12/2022 | 21Vianet | VNET | Maintain | Overweight (N/A) |
|
Details | ||
| 9/1/2022 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 5/30/2022 | Chindata Group Holdings | CD | Maintain | Overweight (N/A) |
|
Details | ||
| 5/3/2022 | Agora Inc. | API | Upgrade | Overweight (Equalweight) |
7.21 (4.17) |
-42.16% | Details | |
| 4/11/2022 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 3/24/2022 | GDS Holdings | GDS | Maintain | Overweight (N/A) |
|
Details | ||
| 2/21/2022 | Tuya Inc | TUYA | Downgrade | Equalweight (Overweight) |
5.70 (1.91) |
-66.49% | Details | |
| 2/9/2022 | GDS Holdings | GDS | Upgrade | Overweight (Equalweight) |
38.42 (31.71) |
-17.46% | Details | |
| 11/25/2021 | Chindata Group Holdings | CD | Maintain | Overweight (N/A) |
|
Details | ||
| 8/4/2021 | OneConnect Financial | OCFT | Downgrade | Equalweight (Overweight) |
8.01 (7.89) |
-1.5% | Details | |
| 7/23/2021 | GDS Holdings | GDS | Downgrade | Equalweight (Overweight) |
72.47 (38.42) |
-46.98% | Details | |
| 5/25/2021 | Agora Inc. | API | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 5/5/2021 | OneConnect Financial | OCFT | Maintain | Overweight (N/A) |
|
Details | ||
| 4/12/2021 | Tuya Inc | TUYA | New Coverage | Overweight (N/A) |
22.21 (5.70) |
-74.34% | Details | |
| 3/23/2021 | Agora Inc. | API | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 3/9/2021 | GDS Holdings | GDS | Maintain | Overweight (Overweight) |
|
Details | ||
| 3/9/2021 | Chindata Group Holdings | CD | Maintain | Overweight (Overweight) |
|
Details | ||
| 3/9/2021 | 21Vianet | VNET | Maintain | Overweight (Overweight) |
|
Details |

