Macquarie published a report stating the investment ratings and target prices for Chinese internet stocks:
Stock │ Investment rating │ Target price
Alibaba (09988.HK) │ Outperform │ HKD 135.5
Baidu (09888.HK) │ Neutral │ HKD 83
JD.com (09618.HK) │ Outperform │ HKD 217
NetEase (09999.HK) │ Outperform │ HKD 198
ALI HEALTH (00241.HK) │ Underperform │ HKD 3.4
JD HEALTH (06618.HK) │ Underperform │ HKD 23.3
JD.com Logistics (02618.HK) │ Outperform the market │ 24.4 HKD
KUAISHOU-W (01024.HK) │ Outperform the market │ 72.7 HKD
MEITUAN-W (03690.HK) │ Outperform the market │ 254 HKD
Tencent (00700.HK) │ Outperform the market │ 562 HKD
TONGCHENGTRAVEL (00780.HK) │ Outperform the market │ 23.4 HKD
Stock │ Investment rating │ Target price
Alibaba (BABA.US) │ Outperform the market │ 139.3 USD
Baidu (BIDU.US) │ Neutral │ 84 USD
DiDi Global Inc (DIDIY.US) │ Outperform the market │ 6.61 USD
JD.com (JD.US) │ Outperform the market │ 57 USD
Kanzhun (BZ.US) │ Outperform the market │ 18.2 USD
NetEase (NTES.US) │ Outperform the market │ 126 USD
PDD Holdings (PDD.US) │ Outperform the market │ 190 USD
Tencent Music (TME.US) │ Outperform the market │ 15.9 USD
Trip.com (TCOM.US) │ Outperform the market │ 80.8 USD
ZTO Express (ZTO.US) │ Neutral │ 20.5 USD