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<Research>Daiwa Ratings, TPs on CN Internet (Table)
Recommend
83
Positive
129
Negative
73
Stock | Rating | TP (HK$)

BABA-SW(09988.HK) | Buy | 98

Related NewsCiti Keeps Buy on KUAISHOU-W, Sees Beijing Cyberspace Administration's Fine as Manageable
Alibaba Group Holding Limited (BABA.US) | Buy | US$100

AUTOHOME-S(02518.HK) | Buy | 74

Autohome Inc. (ATHM.US) | Buy | US$37

Related NewsNTES-S 4Q25 NP Down 28.8% YoY to RMB6.24B, Missing Forecast; NetEase (NTES.US) Dives 4%+ Pre-Mkt
BIDU-SW(09888.HK) | Buy | 142

Baidu, Inc. (BIDU.US) | Buy | US$145

JD-SW(09618.HK) | Buy | 157

Related NewsCMBI Expects NetEase (NTES.US) Rev. Recognition Cycle to Extend, Drops TP to US$161.5
JD.com, Inc. (JD.US) | Buy | US$40

BEKE-W(02423.HK) | Buy | 65

KE Holdings Inc (BEKE.US) | Buy | US$25

Related NewsUBS Expects CN 2026 Econ Growth to Be at Least 4.5%, Forecasts USD/ RMB to Rise Above 6.8 Mark at End-yr
KINGDEE INT'L(00268.HK) | Buy | 98

KUAISHOU-W(01024.HK) | Buy | 90

MEITUAN-W (03690.HK) | Buy | 135

Related NewsDaiwa Reiterates Optimistic Outlook on CN Mkt, Adds LAOPU GOLD/ KINGSOFT CLOUD as Top Picks
NTES-S(09999.HK) | Buy | 225

NetEase, Inc. (NTES.US) | Buy | US$145

TENCENT(00700.HK) | Buy | 460

Related NewsCICC Lists Predicted Capital Flow Changes for Stocks w/ Larger Weighting Changes in MSCI China Index Quarterly Review (Table)
TRIP.COM-S(09961.HK) | Buy | 653

Trip.com Group Limited (TCOM.US) | Buy | US$84

Vipshop Holdings Limited (VIPS.US) | Hold | US$17

Related NewsG Sachs Reiterates Buy on KUAISHOU-W; Mkt Undervalues Kling Biz
Sea(SE.US) | Buy | US$85

PDD Holdings Inc. (PDD.US) | Buy | US$220

JOYY Inc. (YY.US) | Outperform | US$37

Related NewsCLSA: NetEase (NTES.US) Game Momentum Improves, Maintains Outperform Rating
Dada Nexus Limited (DADA.US) | Hold | US$2
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