Morgan Stanley lists the "preferred" order of Chinese tech stocks (table)

AASTOCKS
2026.01.19 08:14

Morgan Stanley published a report on the outlook for Chinese tech stocks this year, listing the order of "preference" for the industry, with the degree of "preference" ranked by stock order:

Stock│Investment Rating│Target Price

Tencent (00700.HK)│Overweight│HKD 735

Alibaba (BABA.US)│Overweight│USD 180

PDD (PDD.US)│Overweight│USD 148

Tencent Music (TME.US)│Overweight│USD 25

NetEase (NTES.US)│Overweight│USD 168

BOSS Zhipin (BZ.US)│Overweight│USD 27

Manbang (YMM.US)│Overweight│USD 14

Meituan-W (03690.HK)│Overweight│HKD 120

Trip.com (TCOM.US)│Overweight│USD 87

Tongcheng (00780.HK)│Overweight│HKD 29

TAL Education (TAL.US)│Overweight│USD 14.6

Beike (BEKE.US)│Overweight│USD 20

Baidu (BIDU.US)│Market Perform│USD 130

Kuaishou-W (01024.HK)│Market Perform│HKD 73

JOYY (YY.US)│Market Perform│USD 68

Autohome (ATHM.US)│Market Perform│USD 26

Vipshop (VIPS.US)│Market Perform│USD 18

iQIYI (IQ.US)│Market Perform│USD 2.1

New Oriental (EDU.US)│Market Perform│USD 53

Bilibili (BILI.US)│Market Perform│USD 26

Huya (HUYA.US)│Market Perform│USD 3.1

JD.com (JD.US)│Underweight│USD 24

Weibo (WB.US)│Underweight│USD 8.6

Hello Group (MOMO.US)│Underweight│USD 5.7