Analyst Ratings Published by CLSA

7/19/22	Initiated	Buy	X
AMCR Amcor CLSA
10/24/24	Downgrades	Outperform Hold	X
ATHM Autohome CLSA
7/26/22	Upgrades	Underperform Outperform	X
ATHM Autohome CLSA
$29.30 $42.50
10/31/18	Downgrades	Outperform Sell	X
AUO AU Optronics CLSA
7/27/18	Upgrades	Underperform Outperform	X
AUO AU Optronics CLSA
4/26/18	Downgrades	Outperform Underperform	X
AUO AU Optronics CLSA
11/19/21	Reiterated	Outperform	X
BABA Alibaba CLSA
$273 $250
3/1/21	Downgrades	Outperform Underperform	X
BGNE BeiGene CLSA
$330 $321
5/10/19	Upgrades	Outperform Buy	X
BGNE BeiGene CLSA
1/4/19	Downgrades	Buy Outperform	X
BGNE BeiGene CLSA
4/5/23	Upgrades	Underperform Outperform	X
BHP BHP Group CLSA
8/9/22	Downgrades	Buy Outperform	X
BHP BHP Group CLSA
4/19/18	Downgrades	Buy Outperform	X
BHP BHP Billiton CLSA
5/10/24	Upgrades	Outperform Buy	X
BILI Bilibili CLSA
7/26/21	Downgrades	Buy Outperform	X
BILI Bilibili CLSA
$128 $114
5/3/18	Downgrades	Outperform Underperform	X
BITA Bitauto Holdings CLSA
6/3/24	Initiated	Buy	X
BWXT BWX Technologies CLSA
11/18/24	Initiated	Outperform	X
BZ Kanzhun Limited CLSA
$18
8/30/24	Downgrades	Outperform Hold	X
BZUN Baozun CLSA
2/27/23	Upgrades	Underperform Outperform	X
BZUN Baozun CLSA
$4.40 $7
12/2/21	Downgrades	Buy Outperform	X
BZUN Baozun CLSA
1/25/21	Upgrades	Outperform Buy	X
BZUN Baozun CLSA
$42
10/11/18	Upgrades	Outperform Buy	X
BZUN Baozun CLSA
3/22/19	Downgrades	Buy Outperform	X
CEO CNOOC Ltd CLSA
10/29/18	Downgrades	Outperform Underperform	X
CHA China Telecom CLSA
3/22/19	Downgrades	Buy Outperform	X
CHL China Mobile CLSA
9/4/24	Upgrades	Hold Outperform	X
CPNG Coupang CLSA
$18 $31
8/16/22	Downgrades	Outperform Sell	X
CPNG Coupang CLSA
$16.40
11/18/24	Downgrades	Hold Underperform	X
CRL Charles River CLSA
$164
11/7/24	Upgrades	Underperform Hold	X
CRL Charles River CLSA
$205
10/23/24	Initiated	Underperform	X
CRL Charles River CLSA
$167
3/5/19	Upgrades	Underperform Buy	X
CTRP Ctrip CLSA
$31 $42
11/8/18	Downgrades	Outperform Underperform	X
CTRP Ctrip CLSA
11/17/23	Initiated	Outperform	X
DADA Dada CLSA
2/13/18	Initiated	Underperform	X
EDIT Editas Medicine CLSA
10/27/22	Upgrades	Outperform Buy	X
EDU New Oriental Education & Technology CLSA
4/27/22	Upgrades	Underperform Outperform	X
EDU New Oriental Education & Technology CLSA
$15 $11.20
7/26/21	Downgrades	Outperform Underperform	X
EDU New Oriental Education & Technology CLSA
$12.50 $3.20
4/15/21	Resumed	Outperform	X
EDU New Oriental Education & Technology CLSA
$18.70
10/15/18	Upgrades	Underperform Buy	X
EDU New Oriental Education & Technology CLSA
3/18/24	Upgrades	Underperform Outperform	X
FUTU Futu Holdings CLSA
$50 $65
1/3/23	Downgrades	Buy Underperform	X
FUTU Futu Holdings CLSA
$43
9/1/22	Upgrades	Sell Underperform	X
FUTU Futu Holdings CLSA
$27 $46
6/6/22	Downgrades	Underperform Sell	X
FUTU Futu Holdings CLSA
$27
3/14/22	Downgrades	Outperform Underperform	X
FUTU Futu Holdings CLSA
$64 $27
10/19/21	Initiated	Buy	X
FUTU Futu Holdings CLSA
$110
1/22/19	Initiated	Buy	X
GHG Greentree Hospitality CLSA
2/28/24	Upgrades	Underperform Outperform	X
GOTU Gaotu Techedu CLSA
8/31/23	Downgrades	Outperform Underperform	X
GOTU Gaotu Techedu CLSA
2/13/23	Upgrades	Underperform Outperform	X
GOTU Gaotu Techedu CLSA
3/8/21	Downgrades	Outperform Sell	X
GSX GSX Techedu CLSA
$68 $76
1/19/21	Upgrades	Sell Outperform	X
GSX GSX Techedu CLSA
10/30/18	Upgrades	Outperform Buy	X
HMC Honda Motor CLSA
10/3/18	Downgrades	Buy Outperform	X
HMC Honda Motor CLSA
7/31/18	Upgrades	Outperform Buy	X
HMC Honda Motor CLSA
1/30/18	Downgrades	Buy Outperform	X
HMC Honda Motor CLSA
5/7/18	Upgrades	Outperform Buy	X
HSBC HSBC Holdings CLSA
4/26/24	Resumed	Buy	X
HTHT H World Group CLSA
$47
1/22/19	Initiated	Buy	X
HTHT Huazhu Group CLSA
2/8/21	Downgrades	Buy Underperform	X
HUYA HUYA CLSA
7/9/19	Downgrades	Buy Outperform	X
HUYA HUYA CLSA
5/17/19	Upgrades	Outperform Buy	X
HUYA HUYA CLSA
9/4/18	Initiated	Outperform	X
HUYA HUYA CLSA
$33
3/7/25	Upgrades	Hold Outperform	X
INFY Infosys CLSA
5/19/21	Upgrades	Underperform Outperform	X
IQ iQIYI CLSA
$25.50 $16
9/4/18	Initiated	Buy	X
IQ iQIYI CLSA
3/1/19	Upgrades	Underperform Outperform	X
JD JD.com CLSA
9/20/18	Downgrades	Outperform Underperform	X
JD JD.com CLSA
5/2/18	Downgrades	Buy Outperform	X
JD JD.com CLSA
11/6/23	Upgrades	Underperform Outperform	X
JHG Janus Henderson Group CLSA
11/10/21	Downgrades	Buy Outperform	X
JHX James Hardie CLSA
10/5/23	Upgrades	Outperform Buy	X
KB KB Financial CLSA
3/21/24	Upgrades	Underperform Outperform	X
KC Kingsoft Cloud CLSA
$4.40
5/22/24	Downgrades	Buy Outperform	X
LI Li Auto CLSA
$25
8/8/22	Initiated	Buy	X
LI Li Auto CLSA
10/24/18	Downgrades	Outperform Underperform	X
LPL LG Display CLSA
11/15/22	Upgrades	Sell Buy	X
LU Lufax CLSA
8/5/22	Downgrades	Outperform Underperform	X
LU Lufax CLSA
5/27/22	Downgrades	Buy Outperform	X
LU Lufax CLSA
$8 $6.80
3/16/23	Upgrades	Outperform Buy	X
LX LexinFintech CLSA
$3.45
5/6/22	Upgrades	Outperform Buy	X
MLCO Melco Resorts & Entertainment CLSA
$7.84 $7.73
7/14/21	Upgrades	Outperform Buy	X
MLCO Melco Resorts & Entertainment CLSA
$19.96
2/25/21	Upgrades	Underperform Outperform	X
MLCO Melco Resorts & Entertainment CLSA
2/19/19	Upgrades	Underperform Outperform	X
MLCO Melco Resorts & Entertainment CLSA
1/3/19	Upgrades	Sell Underperform	X
MLCO Melco Resorts & Entertainment CLSA
2/26/18	Initiated	Outperform	X
MLCO Melco Resorts & Entertainment CLSA
11/29/24	Initiated	Underperform	X
NEM Newmont Corporation CLSA
3/6/24	Downgrades	Buy Outperform	X
NIO NIO CLSA
$6
4/23/21	Initiated	Buy	X
NIO NIO CLSA
$50
11/17/21	Reiterated	Buy	X
NTES NetEase CLSA
$134 $143
9/25/18	Upgrades	Outperform Buy	X
NTES Netease CLSA
2/8/18	Upgrades	Sell Underperform	X
NTES Netease CLSA
6/7/19	Downgrades	Outperform Underperform	X
PHI PLDT CLSA
6/18/18	Upgrades	Underperform Buy	X
PHI PLDT CLSA
2/19/19	Upgrades	Outperform Buy	X
RDY Dr. Reddy’s CLSA
12/6/18	Upgrades	Outperform Buy	X
RIO Rio Tinto CLSA
4/11/18	Upgrades	Outperform Buy	X
RIO Rio Tinto CLSA
8/15/22	Downgrades	Buy Outperform	X
RMD ResMed CLSA
11/18/21	Upgrades	Outperform Buy	X
SE Sea Limited CLSA
$352 $455
3/29/21	Upgrades	Outperform Buy	X
SE Sea Limited CLSA
$275
8/6/19	Downgrades	Buy Outperform	X
SE Sea Limited CLSA
2/19/19	Downgrades	Buy Outperform	X
SINA SINA CLSA
2/14/18	Upgrades	Outperform Buy	X
SINA SINA CLSA
10/30/18	Downgrades	Buy Outperform	X
SKM SK Telecom CLSA
9/13/24	Initiated	Outperform	X
SMR NuScale Power CLSA
$11
2/23/24	Upgrades	Outperform Buy	X
SQ Block CLSA
11/6/23	Upgrades	Sell Outperform	X
SQ Block CLSA
5/11/23	Downgrades	Buy Underperform	X
SQ Block CLSA
$93 $63
3/31/22	Initiated	Buy	X
SQ Block CLSA
$180
1/26/24	Upgrades	Outperform Buy	X
TAL TAL Education CLSA
7/26/21	Downgrades	Buy Underperform	X
TAL TAL Education CLSA
$55 $6
4/15/21	Resumed	Outperform	X
TAL TAL Education CLSA
$89
4/4/18	Downgrades	Buy Outperform	X
TAL TAL Education CLSA
4/4/18	Upgrades	Outperform Buy	X
TEDU Tarena International CLSA
2/5/25	Downgrades	Outperform Hold	X
TM Toyota Motor CLSA
2/5/24	Initiated	Outperform	X
TME Tencent Music CLSA
$10.50
7/19/19	Upgrades	Underperform Buy	X
TSM Taiwan Semi CLSA
1/17/19	Downgrades	Outperform Underperform	X
TSM Taiwan Semi CLSA
1/4/22	Downgrades	Buy Sell	X
TTM Tata Motors CLSA
2/1/19	Downgrades	Buy Sell	X
VEDL Vedanta Ltd CLSA
8/21/24	Downgrades	Outperform Hold	X
VIPS Vipshop CLSA
2/24/23	Upgrades	Outperform Buy	X
VIPS Vipshop CLSA
$11 $17
2/19/19	Downgrades	Buy Outperform	X
WB Weibo CLSA
7/24/18	Downgrades	Underperform Sell	X
WIT Wipro CLSA
7/5/18	Upgrades	Sell Underperform	X
WIT Wipro CLSA
3/1/19	Downgrades	Buy Outperform	X
WUBA 58.com CLSA
2/12/18	Upgrades	Outperform Buy	X
WUBA 58.com CLSA
8/8/23	Upgrades	Outperform Buy	X
XPEV XPeng CLSA
$24
6/30/23	Downgrades	Buy Outperform	X
XPEV XPeng CLSA
$10 $13.10
3/23/22	Initiated	Buy	X
XPEV XPeng CLSA
$42
9/15/23	Upgrades	Outperform Buy	X
YUMC Yum China CLSA
$71.60
6/6/18	Upgrades	Outperform Buy	X
YY YY CLSA
3/6/18	Downgrades	Buy Outperform	X
YY YY CLSA
2/12/18	Upgrades	Outperform Buy	X
YY YY CLSA
12/14/22	Initiated	Outperform	X
ZH Zhihu CLSA
$1.50
3/16/23	Upgrades	Outperform Buy	X
ZTO ZTO Express CLSA
5/10/18	Upgrades	Sell Underperform	X
ZTO ZTO Express CLSA