| TSLA Tesla | $193.57 +2.1%
 | 2/6/2024 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $245.00 -> $195.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 2/6/2024 | 
| JKS JinkoSolar | $26.19 +3.1%
 | 2/5/2024 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $25.00 | Low | View details for Daiwa Capital Markets rating of JinkoSolar (NYSE:JKS) on 2/5/2024 | 
| SE SEA | $43.51 +0.4%
 | 2/2/2024 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy |  | Low | View details for Daiwa Capital Markets rating of SEA (NYSE:SE) on 2/2/2024 | 
| JKS JinkoSolar | $26.19 +3.1%
 | 1/26/2024 | Initiated by | Daiwa Capital Markets | - | Outperform | $33.30 | Low | View details for Daiwa Capital Markets rating of JinkoSolar (NYSE:JKS) on 1/26/2024 | 
| VZ Verizon Communications | $39.72 -0.5%
 | 1/24/2024 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $36.00 -> $47.00 | Low | View details for Daiwa Capital Markets rating of Verizon Communications (NYSE:VZ) on 1/24/2024 | 
| BILI Bilibili | $9.88 +1.5%
 | 1/19/2024 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Bilibili (NASDAQ:BILI) on 1/19/2024 | 
|  | 
| FTNT Fortinet | $70.44 +3.8%
 | 1/17/2024 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $62.00 | Low | View details for Daiwa Capital Markets rating of Fortinet (NASDAQ:FTNT) on 1/17/2024 | 
| UPS United Parcel Service | $146.26 -1.1%
 | 12/26/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $155.00 | Low | View details for Daiwa Capital Markets rating of United Parcel Service (NYSE:UPS) on 12/26/2023 | 
| AMGN Amgen | $291.12 -1.3%
 | 12/21/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $264.00 -> $320.00 | Low | View details for Daiwa Capital Markets rating of Amgen (NASDAQ:AMGN) on 12/21/2023 | 
| C Citigroup | $53.99 -0.6%
 | 12/18/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $63.00 | Low | View details for Daiwa Capital Markets rating of Citigroup (NYSE:C) on 12/18/2023 | 
| DAO Youdao | $3.84 +11.0%
 | 11/8/2023 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $7.00 -> $4.60 | Low | View details for Daiwa Capital Markets rating of Youdao (NYSE:DAO) on 11/8/2023 | 
| BMY Bristol-Myers Squibb | $49.81 +2.3%
 | 11/2/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $68.00 -> $54.00 | Low | View details for Daiwa Capital Markets rating of Bristol-Myers Squibb (NYSE:BMY) on 11/2/2023 | 
| ENPH Enphase Energy | $122.47 +4.8%
 | 10/24/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $145.00 -> $100.00 | Low | View details for Daiwa Capital Markets rating of Enphase Energy (NASDAQ:ENPH) on 10/24/2023 | 
| ARM ARM | 115.21 +1.2%
 | 10/10/2023 | Initiated by | Daiwa Capital Markets | - | Buy | 63.00 | Low | View details for Daiwa Capital Markets rating of ARM (NASDAQ:ARM) on 10/10/2023 | 
| SPLK Splunk | $154.54 +0.2%
 | 10/10/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Splunk (NASDAQ:SPLK) on 10/10/2023 | 
| DQ Daqo New Energy | $19.83 +1.7%
 | 9/19/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $45.00 -> $32.00 | Low | View details for Daiwa Capital Markets rating of Daqo New Energy (NYSE:DQ) on 9/19/2023 | 
| DELL Dell Technologies | $86.20 +1.7%
 | 9/18/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $50.00 -> $80.00 | Low | View details for Daiwa Capital Markets rating of Dell Technologies (NYSE:DELL) on 9/18/2023 | 
| TIGR UP Fintech | $3.82 +0.5%
 | 9/5/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy |  | Low | View details for Daiwa Capital Markets rating of UP Fintech (NASDAQ:TIGR) on 9/5/2023 | 
| TGT Target | $146.53 -0.6%
 | 8/22/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $134.00 | Low | View details for Daiwa Capital Markets rating of Target (NYSE:TGT) on 8/22/2023 | 
| F Ford Motor | $12.68 -1.2%
 | 8/1/2023 | Target Raised by | Daiwa Capital Markets | - | Neutral -> Neutral | $12.00 -> $13.00 | Low | View details for Daiwa Capital Markets rating of Ford Motor (NYSE:F) on 8/1/2023 | 
| DDL Dingdong (Cayman) | $1.29 -2.3%
 | 7/31/2023 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $7.50 -> $2.80 | Low | View details for Daiwa Capital Markets rating of Dingdong (Cayman) (NYSE:DDL) on 7/31/2023 | 
| FINV FinVolution Group | $4.68 -0.6%
 | 7/25/2023 | Initiated by | Daiwa Capital Markets | - | Buy | $6.70 | Low | View details for Daiwa Capital Markets rating of FinVolution Group (NYSE:FINV) on 7/25/2023 | 
| DADA Dada Nexus | $1.74 
 | 7/24/2023 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold | $10.73 | Low | View details for Daiwa Capital Markets rating of Dada Nexus (NASDAQ:DADA) on 7/24/2023 | 
| ATAT Atour Lifestyle | $18.00 -0.2%
 | 7/20/2023 | Initiated by | Daiwa Capital Markets | - | Buy | $24.00 | Low | View details for Daiwa Capital Markets rating of Atour Lifestyle (NASDAQ:ATAT) on 7/20/2023 | 
| BZ Kanzhun | $14.43 +0.9%
 | 7/12/2023 | Initiated by | Daiwa Capital Markets | - | Buy | $19.00 | Low | View details for Daiwa Capital Markets rating of Kanzhun (NASDAQ:BZ) on 7/12/2023 | 
| NVDA NVIDIA | $721.33 +3.6%
 | 6/29/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $408.00 -> $475.00 | Low | View details for Daiwa Capital Markets rating of NVIDIA (NASDAQ:NVDA) on 6/29/2023 | 
| BMY Bristol-Myers Squibb | $49.81 +2.3%
 | 6/28/2023 | Initiated by | Daiwa Capital Markets | - | Outperform | $70.00 | Low | View details for Daiwa Capital Markets rating of Bristol-Myers Squibb (NYSE:BMY) on 6/28/2023 | 
| DG Dollar General | $135.21 -0.3%
 | 6/6/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $172.00 | Low | View details for Daiwa Capital Markets rating of Dollar General (NYSE:DG) on 6/6/2023 | 
| MUFG Mitsubishi UFJ Financial Group | $9.40 +1.7%
 | 5/29/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 5/29/2023 | 
| F Ford Motor | $12.68 -1.2%
 | 5/25/2023 | Upgraded by | Daiwa Capital Markets | - | Underperform -> Neutral | $12.00 | Low | View details for Daiwa Capital Markets rating of Ford Motor (NYSE:F) on 5/25/2023 | 
| LEGN Legend Biotech | $60.97 +3.8%
 | 5/22/2023 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Legend Biotech (NASDAQ:LEGN) on 5/22/2023 | 
| TIGR UP Fintech | $3.82 +0.5%
 | 5/19/2023 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold |  | Low | View details for Daiwa Capital Markets rating of UP Fintech (NASDAQ:TIGR) on 5/19/2023 | 
| PFE Pfizer | $27.56 0.0%
 | 5/11/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $38.00 | Low | View details for Daiwa Capital Markets rating of Pfizer (NYSE:PFE) on 5/11/2023 | 
| COIN Coinbase Global | $141.99 +7.1%
 | 5/8/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $58.00 -> $65.00 | Low | View details for Daiwa Capital Markets rating of Coinbase Global (NASDAQ:COIN) on 5/8/2023 | 
| DQ Daqo New Energy | $19.83 +1.7%
 | 5/4/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Daqo New Energy (NYSE:DQ) on 5/4/2023 | 
| TSLA Tesla | $193.57 +2.1%
 | 4/24/2023 | Target Lowered by | Daiwa Capital Markets | - | Outperform | $218.00 -> $185.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 4/24/2023 | 
| MBLY Mobileye Global | $27.71 +4.8%
 | 4/19/2023 | Initiated by | Daiwa Capital Markets | - | Buy | $50.00 | Low | View details for Daiwa Capital Markets rating of Mobileye Global (NASDAQ:MBLY) on 4/19/2023 | 
| FKKFF Fukuoka Financial Group | $17.36 
 | 4/5/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | N/A | View details for Daiwa Capital Markets rating of Fukuoka Financial Group (OTC:FKKFF) on 4/5/2023 | 
| YFGSF Yamaguchi Financial Group | $5.62 -3.3%
 | 4/5/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Yamaguchi Financial Group (OTCMKTS:YFGSF) on 4/5/2023 | 
| VIPS Vipshop | $16.79 +1.9%
 | 3/29/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $17.30 | Low | View details for Daiwa Capital Markets rating of Vipshop (NYSE:VIPS) on 3/29/2023 | 
|  | 
| DE Deere & Company | $381.29 -1.2%
 | 3/29/2023 | Initiated by | Daiwa Capital Markets | - | Outperform | $440.00 | Low | View details for Daiwa Capital Markets rating of Deere & Company (NYSE:DE) on 3/29/2023 | 
| NKE NIKE | $104.50 +0.7%
 | 3/28/2023 | Target Raised by | Daiwa Capital Markets | - | Neutral | $116.00 -> $123.00 | Low | View details for Daiwa Capital Markets rating of NIKE (NYSE:NKE) on 3/28/2023 | 
| DAO Youdao | $3.84 +11.0%
 | 3/20/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $4.00 -> $9.50 | Low | View details for Daiwa Capital Markets rating of Youdao (NYSE:DAO) on 3/20/2023 | 
| INTU Intuit | $658.16 +0.8%
 | 3/15/2023 | Initiated by | Daiwa Capital Markets | - | Outperform | $444.00 | Low | View details for Daiwa Capital Markets rating of Intuit (NASDAQ:INTU) on 3/15/2023 | 
| TSLA Tesla | $193.57 +2.1%
 | 3/3/2023 | Target Raised by | Daiwa Capital Markets | - | Outperform | $200.00 -> $218.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 3/3/2023 | 
| TMICY Trend Micro | $56.41 +0.4%
 | 3/1/2023 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Trend Micro (OTCMKTS:TMICY) on 3/1/2023 | 
| BEKE KE | $13.38 -0.2%
 | 2/24/2023 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of KE (NYSE:BEKE) on 2/24/2023 | 
| YFGSF Yamaguchi Financial Group | $5.62 -3.3%
 | 2/14/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Yamaguchi Financial Group (OTCMKTS:YFGSF) on 2/14/2023 | 
| PFE Pfizer | $27.56 0.0%
 | 2/7/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $51.00 | Low | View details for Daiwa Capital Markets rating of Pfizer (NYSE:PFE) on 2/7/2023 | 
| BZUN Baozun | $2.35 +0.9%
 | 1/20/2023 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Baozun (NASDAQ:BZUN) on 1/20/2023 | 
| TME Tencent Music Entertainment Group | $9.67 +1.9%
 | 1/13/2023 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Tencent Music Entertainment Group (NYSE:TME) on 1/13/2023 | 
| BGNE BeiGene | $146.98 +2.9%
 | 1/11/2023 | Initiated by | Daiwa Capital Markets | - | Buy | $308.00 | Low | View details for Daiwa Capital Markets rating of BeiGene (NASDAQ:BGNE) on 1/11/2023 | 
| FSLR First Solar | $151.50 +5.8%
 | 12/23/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $175.00 | Low | View details for Daiwa Capital Markets rating of First Solar (NASDAQ:FSLR) on 12/23/2022 | 
| SEDG SolarEdge Technologies | $77.76 +3.0%
 | 12/23/2022 | Initiated by | Daiwa Capital Markets | - | Neutral | $325.00 | Low | View details for Daiwa Capital Markets rating of SolarEdge Technologies (NASDAQ:SEDG) on 12/23/2022 | 
| ENPH Enphase Energy | $122.47 +4.8%
 | 12/23/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $335.00 | Low | View details for Daiwa Capital Markets rating of Enphase Energy (NASDAQ:ENPH) on 12/23/2022 | 
| TSLA Tesla | $193.57 +2.1%
 | 12/20/2022 | Target Lowered by | Daiwa Capital Markets | - | Outperform | $240.00 -> $177.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 12/20/2022 | 
| PUK Prudential | $20.54 -2.2%
 | 12/19/2022 | Initiated by | Daiwa Capital Markets | - | Outperform |  | Low | View details for Daiwa Capital Markets rating of Prudential (NYSE:PUK) on 12/19/2022 | 
| XPEV XPeng | $8.49 +0.8%
 | 12/14/2022 | Downgraded by | Daiwa Capital Markets | - | Buy -> Sell | $13.00 -> $8.00 | Low | View details for Daiwa Capital Markets rating of XPeng (NYSE:XPEV) on 12/14/2022 | 
| WEICY Weichai Power | $12.33 
 | 12/6/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Weichai Power (OTCMKTS:WEICY) on 12/6/2022 | 
| NOAH Noah | $11.69 +0.3%
 | 12/5/2022 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Noah (NYSE:NOAH) on 12/5/2022 | 
| LU Lufax | $2.28 -1.3%
 | 11/25/2022 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold |  | Low | View details for Daiwa Capital Markets rating of Lufax (NYSE:LU) on 11/25/2022 | 
| LYFT Lyft | $13.03 +2.0%
 | 11/15/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $11.00 | Low | View details for Daiwa Capital Markets rating of Lyft (NASDAQ:LYFT) on 11/15/2022 | 
| COIN Coinbase Global | $141.99 +7.1%
 | 11/9/2022 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $82.00 -> $52.00 | Low | View details for Daiwa Capital Markets rating of Coinbase Global (NASDAQ:COIN) on 11/9/2022 | 
| CMCSA Comcast | $42.07 +2.0%
 | 11/1/2022 | Target Lowered by | Daiwa Capital Markets | Analyst Jonathan Kees |  | $36.00 | Low | View details for Daiwa Capital Markets rating of Comcast (NASDAQ:CMCSA) on 11/1/2022 | 
| CAT Caterpillar | $317.16 -1.5%
 | 11/1/2022 | Target Raised by | Daiwa Capital Markets | - |  | $205.00 | Low | View details for Daiwa Capital Markets rating of Caterpillar (NYSE:CAT) on 11/1/2022 | 
| HON Honeywell International | $194.84 +0.7%
 | 10/31/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $206.00 -> $194.00 | Low | View details for Daiwa Capital Markets rating of Honeywell International (NASDAQ:HON) on 10/31/2022 | 
| UPS United Parcel Service | $146.26 -1.1%
 | 10/27/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $187.00 | Low | View details for Daiwa Capital Markets rating of United Parcel Service (NYSE:UPS) on 10/27/2022 | 
| UNP Union Pacific | $249.45 +0.3%
 | 10/27/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $190.00 | Low | View details for Daiwa Capital Markets rating of Union Pacific (NYSE:UNP) on 10/27/2022 | 
| TSLA Tesla | $193.57 +2.1%
 | 10/27/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $240.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 10/27/2022 | 
| GM General Motors | $38.56 -0.2%
 | 10/27/2022 | Target Raised by | Daiwa Capital Markets | - |  | $38.00 | Low | View details for Daiwa Capital Markets rating of General Motors (NYSE:GM) on 10/27/2022 | 
| ATHM Autohome | $25.63 +1.0%
 | 10/26/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $46.00 -> $43.00 | Low | View details for Daiwa Capital Markets rating of Autohome (NYSE:ATHM) on 10/26/2022 | 
| NFLX Netflix | $561.32 +0.5%
 | 10/25/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $226.00 -> $330.00 | Low | View details for Daiwa Capital Markets rating of Netflix (NASDAQ:NFLX) on 10/25/2022 | 
| VIPS Vipshop | $16.79 +1.9%
 | 9/29/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $10.00 -> $8.80 | Low | View details for Daiwa Capital Markets rating of Vipshop (NYSE:VIPS) on 9/29/2022 | 
| ZI ZoomInfo Technologies | $15.39 +1.9%
 | 9/28/2022 | Initiated by | Daiwa Capital Markets | - | Buy | $66.00 | Low | View details for Daiwa Capital Markets rating of ZoomInfo Technologies (NASDAQ:ZI) on 9/28/2022 | 
| SHALY Shangri-La Asia | $12.57 -3.2%
 | 9/26/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Shangri-La Asia (OTCMKTS:SHALY) on 9/26/2022 | 
| TCOM Trip.com Group | $39.59 +1.5%
 | 9/22/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy |  | Low | View details for Daiwa Capital Markets rating of Trip.com Group (NASDAQ:TCOM) on 9/22/2022 | 
| SKHSY Sekisui House | $21.95 -0.1%
 | 9/22/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Sekisui House (OTCMKTS:SKHSY) on 9/22/2022 | 
| OVCHY Oversea-Chinese Banking | $19.19 +0.5%
 | 9/21/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Hold |  | Low | View details for Daiwa Capital Markets rating of Oversea-Chinese Banking (OTCMKTS:OVCHY) on 9/21/2022 | 
| UOVEY United Overseas Bank | $42.05 +0.4%
 | 9/21/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | N/A | View details for Daiwa Capital Markets rating of United Overseas Bank (OTCMKTS:UOVEY) on 9/21/2022 | 
| DQ Daqo New Energy | $19.83 +1.7%
 | 9/15/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Daqo New Energy (NYSE:DQ) on 9/15/2022 | 
| UMC United Microelectronics | $8.11 +0.7%
 | 9/14/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | Low | View details for Daiwa Capital Markets rating of United Microelectronics (NYSE:UMC) on 9/14/2022 | 
| KREVF Keppel REIT | $0.65 +1.1%
 | 9/5/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Keppel REIT (OTCMKTS:KREVF) on 9/5/2022 | 
| NVDA NVIDIA | $721.33 +3.6%
 | 9/2/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $215.00 -> $133.00 | Low | View details for Daiwa Capital Markets rating of NVIDIA (NASDAQ:NVDA) on 9/2/2022 | 
| UNP Union Pacific | $249.45 +0.3%
 | 8/26/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $235.00 -> $242.00 | Low | View details for Daiwa Capital Markets rating of Union Pacific (NYSE:UNP) on 8/26/2022 | 
| GDS GDS | $5.92 +2.1%
 | 8/25/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Hold | $24.00 | Low | View details for Daiwa Capital Markets rating of GDS (NASDAQ:GDS) on 8/25/2022 | 
| MFG Mizuho Financial Group | $3.63 +0.8%
 | 8/24/2022 | Upgraded by | Daiwa Capital Markets | Analyst Akira Takai | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Mizuho Financial Group (NYSE:MFG) on 8/24/2022 | 
| SE SEA | $43.51 +0.4%
 | 8/17/2022 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral |  | Low | View details for Daiwa Capital Markets rating of SEA (NYSE:SE) on 8/17/2022 | 
| V Visa | $276.43 +0.2%
 | 8/16/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $230.00 -> $225.00 | Low | View details for Daiwa Capital Markets rating of Visa (NYSE:V) on 8/16/2022 | 
| MA Mastercard | $457.88 -0.1%
 | 8/16/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $385.00 -> $375.00 | Low | View details for Daiwa Capital Markets rating of Mastercard (NYSE:MA) on 8/16/2022 | 
| PYPL PayPal | $58.91 +5.0%
 | 8/16/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $85.00 -> $116.00 | Low | View details for Daiwa Capital Markets rating of PayPal (NASDAQ:PYPL) on 8/16/2022 | 
|  | 
| CGNX Cognex | $36.76 +2.0%
 | 8/9/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $54.00 | N/A | View details for Daiwa Capital Markets rating of Cognex (NASDAQ:CGNX) on 8/9/2022 | 
| CAT Caterpillar | $317.16 -1.5%
 | 8/9/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $190.00 | N/A | View details for Daiwa Capital Markets rating of Caterpillar (NYSE:CAT) on 8/9/2022 | 
| SE SEA | $43.51 +0.4%
 | 7/28/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $130.00 -> $110.00 | Low | View details for Daiwa Capital Markets rating of SEA (NYSE:SE) on 7/28/2022 | 
| UPS United Parcel Service | $146.26 -1.1%
 | 7/27/2022 | Target Raised by | Daiwa Capital Markets | - | Outperform | $207.00 | Low | View details for Daiwa Capital Markets rating of United Parcel Service (NYSE:UPS) on 7/27/2022 | 
| GM General Motors | $38.56 -0.2%
 | 7/27/2022 | Target Lowered by | Daiwa Capital Markets | - | Outperform | $35.00 | Low | View details for Daiwa Capital Markets rating of General Motors (NYSE:GM) on 7/27/2022 | 
| LU Lufax | $2.28 -1.3%
 | 7/27/2022 | Initiated by | Daiwa Capital Markets | - | Buy | $25.60 | Low | View details for Daiwa Capital Markets rating of Lufax (NYSE:LU) on 7/27/2022 | 
| TSLA Tesla | $193.57 +2.1%
 | 7/25/2022 | Target Raised by | Daiwa Capital Markets | - |  | $310.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 7/25/2022 | 
| HKTVY Hong Kong Technology Venture | $4.78 -8.8%
 | 7/15/2022 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold |  | Low | View details for Daiwa Capital Markets rating of Hong Kong Technology Venture (OTCMKTS:HKTVY) on 7/15/2022 | 
| ATHM Autohome | $25.63 +1.0%
 | 7/12/2022 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Autohome (NYSE:ATHM) on 7/12/2022 | 
| DQ Daqo New Energy | $19.83 +1.7%
 | 7/12/2022 | Target Raised by | Daiwa Capital Markets | - |  | $47.00 -> $80.00 | N/A | View details for Daiwa Capital Markets rating of Daqo New Energy (NYSE:DQ) on 7/12/2022 | 
| QFIN Qifu Technology | $14.24 +0.8%
 | 7/11/2022 | Initiated by | Daiwa Capital Markets | - | Buy |  | N/A | View details for Daiwa Capital Markets rating of Qifu Technology (NASDAQ:QFIN) on 7/11/2022 | 
| FXCNY FIH Mobile | $1.10 -8.3%
 | 7/7/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Hold |  | N/A | View details for Daiwa Capital Markets rating of FIH Mobile (OTCMKTS:FXCNY) on 7/7/2022 | 
| MRK Merck & Co., Inc. | $125.45 -0.9%
 | 7/6/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $89.00 -> $102.00 | N/A | View details for Daiwa Capital Markets rating of Merck & Co., Inc. (NYSE:MRK) on 7/6/2022 | 
| PARA Paramount Global | $12.90 -0.8%
 | 7/1/2022 | Initiated by | Daiwa Capital Markets | - | Neutral | $26.00 | Low | View details for Daiwa Capital Markets rating of Paramount Global (NASDAQ:PARA) on 7/1/2022 | 
| CMCSA Comcast | $42.07 +2.0%
 | 7/1/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $43.00 | Low | View details for Daiwa Capital Markets rating of Comcast (NASDAQ:CMCSA) on 7/1/2022 | 
| ORCL Oracle | $116.64 0.0%
 | 6/27/2022 | Target Lowered by | Daiwa Capital Markets | Analyst Stephen Bersey | Neutral | $87.00 -> $70.00 | Low | View details for Daiwa Capital Markets rating of Oracle (NYSE:ORCL) on 6/27/2022 | 
| JNJ Johnson & Johnson | $156.76 +0.2%
 | 6/22/2022 | Initiated by | Daiwa Capital Markets | - | Outperform |  | Low | View details for Daiwa Capital Markets rating of Johnson & Johnson (NYSE:JNJ) on 6/22/2022 | 
| TIGR UP Fintech | $3.82 +0.5%
 | 6/13/2022 | Target Raised by | Daiwa Capital Markets | - | Buy | $5.40 -> $5.70 | Low | View details for Daiwa Capital Markets rating of UP Fintech (NASDAQ:TIGR) on 6/13/2022 | 
| UOVEY United Overseas Bank | $42.05 +0.4%
 | 5/31/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Hold |  | N/A | View details for Daiwa Capital Markets rating of United Overseas Bank (OTCMKTS:UOVEY) on 5/31/2022 | 
| DBSDY DBS Group | $97.04 +1.0%
 | 5/31/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Medium | View details for Daiwa Capital Markets rating of DBS Group (OTCMKTS:DBSDY) on 5/31/2022 | 
| ZM Zoom Video Communications | $65.70 +2.8%
 | 5/30/2022 | Upgraded by | Daiwa Capital Markets | - | Underperform -> Outperform | $107.00 -> $121.00 | Medium | View details for Daiwa Capital Markets rating of Zoom Video Communications (NASDAQ:ZM) on 5/30/2022 | 
| MDOMF Mandom | $9.00 
 | 5/30/2022 | Upgraded by | Daiwa Capital Markets | - | Underperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Mandom (OTCMKTS:MDOMF) on 5/30/2022 | 
| FANUY Fanuc | $13.25 -0.5%
 | 5/30/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Fanuc (OTCMKTS:FANUY) on 5/30/2022 | 
| DIS Walt Disney | $108.39 -1.9%
 | 5/24/2022 | Target Lowered by | Daiwa Capital Markets | - | Buy | $201.00 -> $151.00 | High | View details for Daiwa Capital Markets rating of Walt Disney (NYSE:DIS) on 5/24/2022 | 
| TSLA Tesla | $193.57 +2.1%
 | 5/24/2022 | Target Lowered by | Daiwa Capital Markets | - | Outperform | $383.33 -> $266.67 | High | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 5/24/2022 | 
| MKTAY Makita | $25.71 -1.0%
 | 5/20/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Medium | View details for Daiwa Capital Markets rating of Makita (OTCMKTS:MKTAY) on 5/20/2022 | 
| HUYA HUYA | $2.98 -0.3%
 | 5/18/2022 | Target Lowered by | Daiwa Capital Markets | - | Outperform | $5.70 -> $4.60 | High | View details for Daiwa Capital Markets rating of HUYA (NYSE:HUYA) on 5/18/2022 | 
| RBLX Roblox | $44.40 -1.0%
 | 5/17/2022 | Target Lowered by | Daiwa Capital Markets | - |  | $56.00 -> $38.00 | N/A | View details for Daiwa Capital Markets rating of Roblox (NYSE:RBLX) on 5/17/2022 | 
| U Unity Software | $33.82 +1.2%
 | 5/11/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $110.00 -> $34.00 | High | View details for Daiwa Capital Markets rating of Unity Software (NYSE:U) on 5/11/2022 | 
| ABBV AbbVie | $174.08 -0.4%
 | 5/6/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $150.00 | Low | View details for Daiwa Capital Markets rating of AbbVie (NYSE:ABBV) on 5/6/2022 | 
| COIN Coinbase Global | $141.99 +7.1%
 | 4/22/2022 | Initiated by | Daiwa Capital Markets | - | Buy |  | Medium | View details for Daiwa Capital Markets rating of Coinbase Global (NASDAQ:COIN) on 4/22/2022 | 
| ORCL Oracle | $116.64 0.0%
 | 4/1/2022 | Initiated by | Daiwa Capital Markets | - | Neutral | $87.00 | Medium | View details for Daiwa Capital Markets rating of Oracle (NYSE:ORCL) on 4/1/2022 | 
| U Unity Software | $33.82 +1.2%
 | 3/28/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $110.00 | High | View details for Daiwa Capital Markets rating of Unity Software (NYSE:U) on 3/28/2022 | 
| RBLX Roblox | $44.40 -1.0%
 | 3/28/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $56.00 | Medium | View details for Daiwa Capital Markets rating of Roblox (NYSE:RBLX) on 3/28/2022 | 
| ANSS ANSYS | $342.28 -0.9%
 | 3/25/2022 | Initiated by | Daiwa Capital Markets | - | Sell | $253.00 | Low | View details for Daiwa Capital Markets rating of ANSYS (NASDAQ:ANSS) on 3/25/2022 | 
| LLY Eli Lilly and Company | $740.16 +0.6%
 | 3/10/2022 | Initiated by | Daiwa Capital Markets | - | Outperform | $286.00 | Medium | View details for Daiwa Capital Markets rating of Eli Lilly and Company (NYSE:LLY) on 3/10/2022 | 
| TAL TAL Education Group | $13.59 +2.9%
 | 3/9/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy |  | High | View details for Daiwa Capital Markets rating of TAL Education Group (NYSE:TAL) on 3/9/2022 | 
| EDU New Oriental Education & Technology Group | $87.99 +1.5%
 | 3/9/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy |  | Medium | View details for Daiwa Capital Markets rating of New Oriental Education & Technology Group (NYSE:EDU) on 3/9/2022 | 
| GPS GAP | $20.06 +0.1%
 | 3/9/2022 | Downgraded by | Daiwa Capital Markets | - | Neutral -> Underperform | $13.75 | Low | View details for Daiwa Capital Markets rating of GAP (NYSE:GPS) on 3/9/2022 | 
| FKKFF Fukuoka Financial Group | $17.36 
 | 3/9/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | N/A | View details for Daiwa Capital Markets rating of Fukuoka Financial Group (OTC:FKKFF) on 3/9/2022 | 
| SHZUY Shizuoka Financial Group,Inc. | $60.96 +1.3%
 | 3/9/2022 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Shizuoka Financial Group,Inc. (OTCMKTS:SHZUY) on 3/9/2022 | 
| SPLK Splunk | $154.54 +0.2%
 | 3/4/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $134.00 -> $140.00 | High | View details for Daiwa Capital Markets rating of Splunk (NASDAQ:SPLK) on 3/4/2022 | 
| ZS Zscaler | $254.93 +2.2%
 | 3/1/2022 | Upgraded by | Daiwa Capital Markets | Analyst Stephen Bersey | Underperform -> Buy | $286.00 -> $296.00 | Low | View details for Daiwa Capital Markets rating of Zscaler (NASDAQ:ZS) on 3/1/2022 | 
| TSLA Tesla | $193.57 +2.1%
 | 2/25/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $326.67 -> $300.00 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 2/25/2022 | 
| ADI Analog Devices | $195.02 +0.5%
 | 2/17/2022 | Target Lowered by | Daiwa Capital Markets | - | Buy | $217.00 -> $200.00 | Medium | View details for Daiwa Capital Markets rating of Analog Devices (NASDAQ:ADI) on 2/17/2022 | 
| SQ Block | $66.88 -2.8%
 | 2/17/2022 | Initiated by | Daiwa Capital Markets | - | Buy | $160.00 | High | View details for Daiwa Capital Markets rating of Block (NYSE:SQ) on 2/17/2022 | 
| AXP American Express | $212.47 +0.6%
 | 2/10/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $190.00 -> $215.00 | Medium | View details for Daiwa Capital Markets rating of American Express (NYSE:AXP) on 2/10/2022 | 
| CGNX Cognex | $36.76 +2.0%
 | 1/25/2022 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Buy | $81.00 -> $75.00 | High | View details for Daiwa Capital Markets rating of Cognex (NASDAQ:CGNX) on 1/25/2022 | 
| KGDEY Kingdee International Software Group | $97.69 -3.0%
 | 1/21/2022 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Kingdee International Software Group (OTCMKTS:KGDEY) on 1/21/2022 | 
| TIGR UP Fintech | $3.82 +0.5%
 | 1/18/2022 | Initiated by | Daiwa Capital Markets | - | Buy | $6.60 | High | View details for Daiwa Capital Markets rating of UP Fintech (NASDAQ:TIGR) on 1/18/2022 | 
|  | 
| TSLA Tesla | $193.57 +2.1%
 | 1/4/2022 | Target Raised by | Daiwa Capital Markets | - | Neutral | $350.00 -> $383.33 | Low | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 1/4/2022 | 
| VZ Verizon Communications | $39.72 -0.5%
 | 12/23/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $57.00 | Low | View details for Daiwa Capital Markets rating of Verizon Communications (NYSE:VZ) on 12/23/2021 | 
| TMUS T-Mobile US | $162.19 +0.8%
 | 12/23/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $128.00 | Low | View details for Daiwa Capital Markets rating of T-Mobile US (NASDAQ:TMUS) on 12/23/2021 | 
| T AT&T | $16.84 +0.1%
 | 12/23/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $26.00 | Low | View details for Daiwa Capital Markets rating of AT&T (NYSE:T) on 12/23/2021 | 
| CRWD CrowdStrike | $329.34 +2.0%
 | 12/20/2021 | Initiated by | Daiwa Capital Markets | - | Outperform | $224.00 | Medium | View details for Daiwa Capital Markets rating of CrowdStrike (NASDAQ:CRWD) on 12/20/2021 | 
| MRK Merck & Co., Inc. | $125.45 -0.9%
 | 12/16/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $70.00 | Medium | View details for Daiwa Capital Markets rating of Merck & Co., Inc. (NYSE:MRK) on 12/16/2021 | 
| GM General Motors | $38.56 -0.2%
 | 12/14/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $65.00 | Low | View details for Daiwa Capital Markets rating of General Motors (NYSE:GM) on 12/14/2021 | 
| F Ford Motor | $12.68 -1.2%
 | 12/14/2021 | Downgraded by | Daiwa Capital Markets | - | Neutral -> Underperform | $16.00 -> $19.00 | Low | View details for Daiwa Capital Markets rating of Ford Motor (NYSE:F) on 12/14/2021 | 
| ZS Zscaler | $254.93 +2.2%
 | 12/6/2021 | Downgraded by | Daiwa Capital Markets | Analyst Stephen Bersey | Neutral -> Underperform | $286.00 | High | View details for Daiwa Capital Markets rating of Zscaler (NASDAQ:ZS) on 12/6/2021 | 
| SHMUY Shimizu | $21.28 +0.4%
 | 12/6/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | High | View details for Daiwa Capital Markets rating of Shimizu (OTCMKTS:SHMUY) on 12/6/2021 | 
| MARUY Marubeni | $159.69 +0.1%
 | 12/6/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Marubeni (OTCMKTS:MARUY) on 12/6/2021 | 
| ZM Zoom Video Communications | $65.70 +2.8%
 | 11/30/2021 | Upgraded by | Daiwa Capital Markets | - | Sell -> Underperform | $207.00 | Medium | View details for Daiwa Capital Markets rating of Zoom Video Communications (NASDAQ:ZM) on 11/30/2021 | 
| FANUY Fanuc | $13.25 -0.5%
 | 11/30/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Fanuc (OTCMKTS:FANUY) on 11/30/2021 | 
| SSMXY Sysmex | $25.68 -1.0%
 | 11/26/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Medium | View details for Daiwa Capital Markets rating of Sysmex (OTCMKTS:SSMXY) on 11/26/2021 | 
| DDL Dingdong (Cayman) | $1.29 -2.3%
 | 10/8/2021 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Dingdong (Cayman) (NYSE:DDL) on 10/8/2021 | 
| ZS Zscaler | $254.93 +2.2%
 | 9/29/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $266.00 | Low | View details for Daiwa Capital Markets rating of Zscaler (NASDAQ:ZS) on 9/29/2021 | 
| WDAY Workday | $304.89 +2.1%
 | 9/24/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $320.00 | Low | View details for Daiwa Capital Markets rating of Workday (NASDAQ:WDAY) on 9/24/2021 | 
| AMGN Amgen | $291.12 -1.3%
 | 9/23/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $220.00 | Low | View details for Daiwa Capital Markets rating of Amgen (NASDAQ:AMGN) on 9/23/2021 | 
| DIS Walt Disney | $108.39 -1.9%
 | 9/21/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $225.00 | High | View details for Daiwa Capital Markets rating of Walt Disney (NYSE:DIS) on 9/21/2021 | 
| DAO Youdao | $3.84 +11.0%
 | 9/3/2021 | Upgraded by | Daiwa Capital Markets | Analyst Candis Chan | Underperform -> Neutral | $13.50 | High | View details for Daiwa Capital Markets rating of Youdao (NYSE:DAO) on 9/3/2021 | 
| BZUN Baozun | $2.35 +0.9%
 | 8/20/2021 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $42.00 -> $20.00 | Medium | View details for Daiwa Capital Markets rating of Baozun (NASDAQ:BZUN) on 8/20/2021 | 
| AMAT Applied Materials | $185.84 +6.9%
 | 8/19/2021 | Initiated by | Daiwa Capital Markets | - | Outperform | $140.00 | Medium | View details for Daiwa Capital Markets rating of Applied Materials (NASDAQ:AMAT) on 8/19/2021 | 
| MHVYF Mitsubishi Heavy Industries | $69.00 -1.4%
 | 8/16/2021 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 8/16/2021 | 
| MA Mastercard | $457.88 -0.1%
 | 8/12/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $385.00 | Low | View details for Daiwa Capital Markets rating of Mastercard (NYSE:MA) on 8/12/2021 | 
| V Visa | $276.43 +0.2%
 | 8/12/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $250.00 | Medium | View details for Daiwa Capital Markets rating of Visa (NYSE:V) on 8/12/2021 | 
| AXP American Express | $212.47 +0.6%
 | 8/12/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $180.00 | Medium | View details for Daiwa Capital Markets rating of American Express (NYSE:AXP) on 8/12/2021 | 
| XPEV XPeng | $8.49 +0.8%
 | 8/4/2021 | Initiated by | Daiwa Capital Markets | - | Buy |  | Medium | View details for Daiwa Capital Markets rating of XPeng (NYSE:XPEV) on 8/4/2021 | 
| TAL TAL Education Group | $13.59 +2.9%
 | 7/27/2021 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold | $38.00 -> $6.90 | N/A | View details for Daiwa Capital Markets rating of TAL Education Group (NYSE:TAL) on 7/27/2021 | 
| EDU New Oriental Education & Technology Group | $87.99 +1.5%
 | 7/27/2021 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold |  | High | View details for Daiwa Capital Markets rating of New Oriental Education & Technology Group (NYSE:EDU) on 7/27/2021 | 
| DAO Youdao | $3.84 +11.0%
 | 7/27/2021 | Downgraded by | Daiwa Capital Markets | - | Buy -> Underperform | $10.00 | High | View details for Daiwa Capital Markets rating of Youdao (NYSE:DAO) on 7/27/2021 | 
| NPNYY Nippon Yusen Kabushiki Kaisha | $6.21 +1.1%
 | 7/8/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) on 7/8/2021 | 
| ABBV AbbVie | $174.08 -0.4%
 | 7/2/2021 | Initiated by | Daiwa Capital Markets | - | Outperform |  | Low | View details for Daiwa Capital Markets rating of AbbVie (NYSE:ABBV) on 7/2/2021 | 
| TWLO Twilio | $71.60 +1.8%
 | 7/1/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $463.00 | Medium | View details for Daiwa Capital Markets rating of Twilio (NYSE:TWLO) on 7/1/2021 | 
| BRTHY Brother Industries | $35.30 +1.9%
 | 6/28/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Brother Industries (OTCMKTS:BRTHY) on 6/28/2021 | 
| OKTA Okta | $87.85 +3.7%
 | 6/24/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $282.00 | Low | View details for Daiwa Capital Markets rating of Okta (NASDAQ:OKTA) on 6/24/2021 | 
| VRTX Vertex Pharmaceuticals | $422.91 0.0%
 | 6/11/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral | $210.00 | High | View details for Daiwa Capital Markets rating of Vertex Pharmaceuticals (NASDAQ:VRTX) on 6/11/2021 | 
| IMAB I-Mab | $1.73 -3.4%
 | 6/2/2021 | Initiated by | Daiwa Capital Markets | - | Buy |  | High | View details for Daiwa Capital Markets rating of I-Mab (NASDAQ:IMAB) on 6/2/2021 | 
| ASGLY AGC | $7.00 -0.4%
 | 5/27/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | High | View details for Daiwa Capital Markets rating of AGC (OTCMKTS:ASGLY) on 5/27/2021 | 
| HUYA HUYA | $2.98 -0.3%
 | 5/20/2021 | Upgraded by | Daiwa Capital Markets | - | Hold -> Buy |  | Low | View details for Daiwa Capital Markets rating of HUYA (NYSE:HUYA) on 5/20/2021 | 
| V Visa | $276.43 +0.2%
 | 5/18/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $259.00 | Medium | View details for Daiwa Capital Markets rating of Visa (NYSE:V) on 5/18/2021 | 
| MA Mastercard | $457.88 -0.1%
 | 5/18/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $402.00 | Low | View details for Daiwa Capital Markets rating of Mastercard (NYSE:MA) on 5/18/2021 | 
| LYFT Lyft | $13.03 +2.0%
 | 5/10/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $59.00 -> $56.00 | Medium | View details for Daiwa Capital Markets rating of Lyft (NASDAQ:LYFT) on 5/10/2021 | 
| UOVEY United Overseas Bank | $42.05 +0.4%
 | 5/6/2021 | Upgraded by | Daiwa Capital Markets | - | Hold -> Outperform |  | N/A | View details for Daiwa Capital Markets rating of United Overseas Bank (OTCMKTS:UOVEY) on 5/6/2021 | 
| PDD PDD | $127.48 +0.7%
 | 5/5/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $180.00 | Low | View details for Daiwa Capital Markets rating of PDD (NASDAQ:PDD) on 5/5/2021 | 
| ZM Zoom Video Communications | $65.70 +2.8%
 | 3/31/2021 | Initiated by | Daiwa Capital Markets | - | Sell | $250.00 | Medium | View details for Daiwa Capital Markets rating of Zoom Video Communications (NASDAQ:ZM) on 3/31/2021 | 
| DOCU DocuSign | $51.18 +0.1%
 | 3/29/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $239.00 | Medium | View details for Daiwa Capital Markets rating of DocuSign (NASDAQ:DOCU) on 3/29/2021 | 
| MOMO Hello Group | $6.12 
 | 3/26/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Hold |  | High | View details for Daiwa Capital Markets rating of Hello Group (NASDAQ:MOMO) on 3/26/2021 | 
| HPE Hewlett Packard Enterprise | $15.48 -0.1%
 | 3/10/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $12.00 -> $17.00 | Low | View details for Daiwa Capital Markets rating of Hewlett Packard Enterprise (NYSE:HPE) on 3/10/2021 | 
| SHMUY Shimizu | $21.28 +0.4%
 | 3/10/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Shimizu (OTCMKTS:SHMUY) on 3/10/2021 | 
| XPEV XPeng | $8.49 +0.8%
 | 3/9/2021 | Upgraded by | Daiwa Capital Markets | - | Sell -> Buy | $34.00 | High | View details for Daiwa Capital Markets rating of XPeng (NYSE:XPEV) on 3/9/2021 | 
|  | 
| NIU Niu Technologies | $1.69 
 | 3/5/2021 | Initiated by | Daiwa Capital Markets | - | Outperform | $41.50 | High | View details for Daiwa Capital Markets rating of Niu Technologies (NASDAQ:NIU) on 3/5/2021 | 
| CAT Caterpillar | $317.16 -1.5%
 | 3/5/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | High | View details for Daiwa Capital Markets rating of Caterpillar (NYSE:CAT) on 3/5/2021 | 
| MS Morgan Stanley | $85.89 +0.3%
 | 3/2/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $86.00 | Medium | View details for Daiwa Capital Markets rating of Morgan Stanley (NYSE:MS) on 3/2/2021 | 
| LI Li Auto | $30.71 +0.7%
 | 2/26/2021 | Upgraded by | Daiwa Capital Markets | - | Hold -> Buy | $33.00 -> $34.00 | Low | View details for Daiwa Capital Markets rating of Li Auto (NASDAQ:LI) on 2/26/2021 | 
| NTAP NetApp | $89.85 +1.0%
 | 2/26/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $70.00 | High | View details for Daiwa Capital Markets rating of NetApp (NASDAQ:NTAP) on 2/26/2021 | 
| SZKMY Suzuki Motor | $178.13 -2.2%
 | 2/25/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Suzuki Motor (OTCMKTS:SZKMY) on 2/25/2021 | 
| MU Micron Technology | $85.56 +0.8%
 | 2/18/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $140.00 | Medium | View details for Daiwa Capital Markets rating of Micron Technology (NASDAQ:MU) on 2/18/2021 | 
| MUFG Mitsubishi UFJ Financial Group | $9.40 +1.7%
 | 2/18/2021 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Medium | View details for Daiwa Capital Markets rating of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 2/18/2021 | 
| SSMXY Sysmex | $25.68 -1.0%
 | 2/12/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Sysmex (OTCMKTS:SSMXY) on 2/12/2021 | 
| NHNKY Nihon Kohden | $14.24 +2.0%
 | 2/10/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Nihon Kohden (OTCMKTS:NHNKY) on 2/10/2021 | 
| HUYA HUYA | $2.98 -0.3%
 | 2/9/2021 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of HUYA (NYSE:HUYA) on 2/9/2021 | 
| MS Morgan Stanley | $85.89 +0.3%
 | 1/6/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $71.00 | N/A | View details for Daiwa Capital Markets rating of Morgan Stanley (NYSE:MS) on 1/6/2021 | 
| JPM JPMorgan Chase & Co. | $175.01 +0.1%
 | 1/6/2021 | Initiated by | Daiwa Capital Markets | - | Outperform | $139.00 | N/A | View details for Daiwa Capital Markets rating of JPMorgan Chase & Co. (NYSE:JPM) on 1/6/2021 | 
| GS The Goldman Sachs Group | $384.26 -0.2%
 | 1/6/2021 | Initiated by | Daiwa Capital Markets | - | Outperform | $300.00 | N/A | View details for Daiwa Capital Markets rating of The Goldman Sachs Group (NYSE:GS) on 1/6/2021 | 
| C Citigroup | $53.99 -0.6%
 | 1/6/2021 | Initiated by | Daiwa Capital Markets | - | Buy | $75.00 | N/A | View details for Daiwa Capital Markets rating of Citigroup (NYSE:C) on 1/6/2021 | 
| BAC Bank of America | $33.07 -0.2%
 | 1/6/2021 | Initiated by | Daiwa Capital Markets | - | Neutral | $31.00 | N/A | View details for Daiwa Capital Markets rating of Bank of America (NYSE:BAC) on 1/6/2021 | 
| VRTX Vertex Pharmaceuticals | $422.91 0.0%
 | 12/30/2020 | Initiated by | Daiwa Capital Markets | - | Outperform | $250.00 | N/A | View details for Daiwa Capital Markets rating of Vertex Pharmaceuticals (NASDAQ:VRTX) on 12/30/2020 | 
| AMGN Amgen | $291.12 -1.3%
 | 12/29/2020 | Initiated by | Daiwa Capital Markets | - | Buy | $300.00 -> $300.00 | N/A | View details for Daiwa Capital Markets rating of Amgen (NASDAQ:AMGN) on 12/29/2020 | 
| SPLK Splunk | $154.54 +0.2%
 | 12/28/2020 | Initiated by | Daiwa Capital Markets | - | Neutral | $189.00 | N/A | View details for Daiwa Capital Markets rating of Splunk (NASDAQ:SPLK) on 12/28/2020 | 
| FUJIY FUJIFILM | $61.43 -3.8%
 | 12/24/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | N/A | View details for Daiwa Capital Markets rating of FUJIFILM (OTCMKTS:FUJIY) on 12/24/2020 | 
| NIO NIO | $5.93 +1.9%
 | 12/14/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | High | View details for Daiwa Capital Markets rating of NIO (NYSE:NIO) on 12/14/2020 | 
| XPEV XPeng | $8.49 +0.8%
 | 12/14/2020 | Initiated by | Daiwa Capital Markets | - | Sell |  | Medium | View details for Daiwa Capital Markets rating of XPeng (NYSE:XPEV) on 12/14/2020 | 
| LI Li Auto | $30.71 +0.7%
 | 12/14/2020 | Initiated by | Daiwa Capital Markets | - | Neutral |  | Low | View details for Daiwa Capital Markets rating of Li Auto (NASDAQ:LI) on 12/14/2020 | 
| VIPS Vipshop | $16.79 +1.9%
 | 11/13/2020 | Upgraded by | Daiwa Capital Markets | - | Hold -> Buy |  | High | View details for Daiwa Capital Markets rating of Vipshop (NYSE:VIPS) on 11/13/2020 | 
| VNET VNET Group | $1.50 -3.2%
 | 11/4/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of VNET Group (NASDAQ:VNET) on 11/4/2020 | 
| GDS GDS | $5.92 +2.1%
 | 11/4/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | Medium | View details for Daiwa Capital Markets rating of GDS (NASDAQ:GDS) on 11/4/2020 | 
| SBMFF Sino Biopharmaceutical | $0.34 +2.7%
 | 11/3/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | Medium | View details for Daiwa Capital Markets rating of Sino Biopharmaceutical (OTCMKTS:SBMFF) on 11/3/2020 | 
| DADA Dada Nexus | $1.74 
 | 10/27/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of Dada Nexus (NASDAQ:DADA) on 10/27/2020 | 
| CPCAY Cathay Pacific Airways | $5.12 +4.5%
 | 10/19/2020 | Upgraded by | Daiwa Capital Markets | Analyst Kelvin Lau | Hold -> Buy |  | Low | View details for Daiwa Capital Markets rating of Cathay Pacific Airways (OTCMKTS:CPCAY) on 10/19/2020 | 
| KRUS Kura Sushi USA | $103.66 +1.0%
 | 10/6/2020 | Initiated by | Daiwa Capital Markets | - | Outperform |  | High | View details for Daiwa Capital Markets rating of Kura Sushi USA (NASDAQ:KRUS) on 10/6/2020 | 
| ROK Rockwell Automation | $283.50 +1.7%
 | 9/23/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $240.00 | Medium | View details for Daiwa Capital Markets rating of Rockwell Automation (NYSE:ROK) on 9/23/2020 | 
| CGNX Cognex | $36.76 +2.0%
 | 9/4/2020 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | High | View details for Daiwa Capital Markets rating of Cognex (NASDAQ:CGNX) on 9/4/2020 | 
| WF Woori Financial Group | $33.42 +1.9%
 | 8/31/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Woori Financial Group (NYSE:WF) on 8/31/2020 | 
| SZKMY Suzuki Motor | $178.13 -2.2%
 | 8/28/2020 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Low | View details for Daiwa Capital Markets rating of Suzuki Motor (OTCMKTS:SZKMY) on 8/28/2020 | 
| KMTUY Komatsu | $28.97 -0.5%
 | 8/25/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Komatsu (OTCMKTS:KMTUY) on 8/25/2020 | 
| VIPS Vipshop | $16.79 +1.9%
 | 8/21/2020 | Downgraded by | Daiwa Capital Markets | - | Buy -> Hold |  | High | View details for Daiwa Capital Markets rating of Vipshop (NYSE:VIPS) on 8/21/2020 | 
| UBER Uber Technologies | $70.91 -1.0%
 | 8/21/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform | $34.00 | Low | View details for Daiwa Capital Markets rating of Uber Technologies (NYSE:UBER) on 8/21/2020 | 
| DIFTY Daito Trust Construction Co.,Ltd. | $29.00 +1.5%
 | 8/19/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Daito Trust Construction Co.,Ltd. (OTCMKTS:DIFTY) on 8/19/2020 | 
| NTES NetEase | $106.62 +1.8%
 | 8/14/2020 | Initiated by | Daiwa Capital Markets | - | Buy |  | Low | View details for Daiwa Capital Markets rating of NetEase (NASDAQ:NTES) on 8/14/2020 | 
| FANUY Fanuc | $13.25 -0.5%
 | 8/5/2020 | Downgraded by | Daiwa Capital Markets | - | Neutral -> Underperform |  | Low | View details for Daiwa Capital Markets rating of Fanuc (OTCMKTS:FANUY) on 8/5/2020 | 
| NMR Nomura | $5.44 
 | 8/4/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Low | View details for Daiwa Capital Markets rating of Nomura (NYSE:NMR) on 8/4/2020 | 
| HOKCY Hong Kong and China Gas | $0.69 +1.5%
 | 7/27/2020 | Downgraded by | Daiwa Capital Markets | - | Hold -> Underperform |  | Low | View details for Daiwa Capital Markets rating of Hong Kong and China Gas (OTCMKTS:HOKCY) on 7/27/2020 | 
| TSLA Tesla | $193.57 +2.1%
 | 7/24/2020 | Downgraded by | Daiwa Capital Markets | Analyst Jairam Nathan | Outperform -> Neutral |  | High | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 7/24/2020 | 
| V Visa | $276.43 +0.2%
 | 7/21/2020 | Reiterated by | Daiwa Capital Markets | - | Neutral | $204.00 | Medium | View details for Daiwa Capital Markets rating of Visa (NYSE:V) on 7/21/2020 | 
| PYPL PayPal | $58.91 +5.0%
 | 7/21/2020 | Reiterated by | Daiwa Capital Markets | - | Outperform | $201.00 | Medium | View details for Daiwa Capital Markets rating of PayPal (NASDAQ:PYPL) on 7/21/2020 | 
| MA Mastercard | $457.88 -0.1%
 | 7/21/2020 | Reiterated by | Daiwa Capital Markets | - | Neutral | $314.00 | High | View details for Daiwa Capital Markets rating of Mastercard (NYSE:MA) on 7/21/2020 | 
| AXP American Express | $212.47 +0.6%
 | 7/21/2020 | Reiterated by | Daiwa Capital Markets | - | Neutral | $100.00 | Medium | View details for Daiwa Capital Markets rating of American Express (NYSE:AXP) on 7/21/2020 | 
| CPCAY Cathay Pacific Airways | $5.12 +4.5%
 | 7/16/2020 | Upgraded by | Daiwa Capital Markets | Analyst Kelvin Lau | Sell -> Hold |  | High | View details for Daiwa Capital Markets rating of Cathay Pacific Airways (OTCMKTS:CPCAY) on 7/16/2020 | 
| DELL Dell Technologies | $86.20 +1.7%
 | 7/9/2020 | Initiated by | Daiwa Capital Markets | - | Neutral | $54.00 | Low | View details for Daiwa Capital Markets rating of Dell Technologies (NYSE:DELL) on 7/9/2020 | 
| FDX FedEx | $242.62 +0.4%
 | 6/11/2020 | Target Raised by | Daiwa Capital Markets | - | Neutral | $104.00 -> $147.00 | High | View details for Daiwa Capital Markets rating of FedEx (NYSE:FDX) on 6/11/2020 | 
| CPCAY Cathay Pacific Airways | $5.12 +4.5%
 | 6/9/2020 | Downgraded by | Daiwa Capital Markets | Analyst Kelvin Lau | Sell |  | High | View details for Daiwa Capital Markets rating of Cathay Pacific Airways (OTCMKTS:CPCAY) on 6/9/2020 | 
| SMFG Sumitomo Mitsui Financial Group | $10.20 +0.6%
 | 6/5/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Sumitomo Mitsui Financial Group (NYSE:SMFG) on 6/5/2020 | 
| SSMXY Sysmex | $25.68 -1.0%
 | 6/5/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Medium | View details for Daiwa Capital Markets rating of Sysmex (OTCMKTS:SSMXY) on 6/5/2020 | 
| MUFG Mitsubishi UFJ Financial Group | $9.40 +1.7%
 | 6/3/2020 | Upgraded by | Daiwa Capital Markets | - | Neutral -> Outperform |  | Medium | View details for Daiwa Capital Markets rating of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 6/3/2020 | 
| TSLA Tesla | $193.57 +2.1%
 | 5/29/2020 | Initiated by | Daiwa Capital Markets | - | Outperform | $60.67 | High | View details for Daiwa Capital Markets rating of Tesla (NASDAQ:TSLA) on 5/29/2020 | 
| MOMO Hello Group | $6.12 
 | 5/28/2020 | Downgraded by | Daiwa Capital Markets | - | Buy -> Neutral | $22.00 | Low | View details for Daiwa Capital Markets rating of Hello Group (NASDAQ:MOMO) on 5/28/2020 | 
| SMNNY Shimano | $14.29 +0.9%
 | 5/26/2020 | Downgraded by | Daiwa Capital Markets | - | Outperform -> Neutral |  | Medium | View details for Daiwa Capital Markets rating of Shimano (OTCMKTS:SMNNY) on 5/26/2020 | 
| ZTO ZTO Express (Cayman) | $17.19 +0.8%
 | 5/22/2020 | Downgraded by | Daiwa Capital Markets | - | Hold |  | High | View details for Daiwa Capital Markets rating of ZTO Express (Cayman) (NYSE:ZTO) on 5/22/2020 | 
| AAPL Apple | $188.85 +0.3%
 | 5/6/2020 | Target Raised by | Daiwa Capital Markets | - | Outperform | $74.25 -> $80.00 | Low | View details for Daiwa Capital Markets rating of Apple (NASDAQ:AAPL) on 5/6/2020 | 
| YUMC Yum China | $40.31 +1.7%
 | 4/29/2020 | Upgraded by | Daiwa Capital Markets | Analyst Adrian Chan | Neutral -> Outperform |  | High | View details for Daiwa Capital Markets rating of Yum China (NYSE:YUMC) on 4/29/2020 |