Analyst Actions on Chinese Stocks: ACH, AMCN, ATV, CBEH, CEO, CHA, CHU, CYOU ... (Oct 27, 2010)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.

Citigroup maintained Sell rating and HK$4 price target on the Hong Kong-listed shares of Aluminum Corp. of China Limited (NYSE:ACH). JPMorgan maintained Neutral rating on AirMedia Group Inc. (NASDAQ:AMCN), and raised price target from $4.9 to $9. Piper Jaffray maintain our Neutral rating and $7 price target on AirMedia Group Inc. (NASDAQ:AMCN). Roth Capital Partners maintained Neutral rating and $4 price target on Acorn International, Inc. (NYSE:ATV). Oppenheimer & Co. maintained Outperform rating on China Integrated Energy, Inc. (NASDAQ:CBEH), and raised price target from $11 to $12. Credit Suisse maintained Underperform rating and HK$13.41 price target on the Hong Kong-listed shares of CNOOC Limited (NYSE:CEO). Standard Chartered maintained Outperform rating and HK$5.3 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). Standard Chartered maintained Underperform rating and HK$10.5 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Oppenheimer & Co. maintained Perform rating on Changyou.com Limited (NASDAQ:CYOU). Oppenheimer & Co. maintained Outperform rating on New Oriental Education & Tech. Group Inc (NYSE:EDU), and raised price target from $102 to $109. Macquarie maintained Outperform rating and HK$4.20 price target on the Hong Kong-listed shares of Guangshen Railway Co. Ltd (NYSE:GSH). UBS maintained Buy rating and $23.20 price target on Guangshen Railway Co. Ltd (NYSE:GSH). Auriga USA upgraded JinkoSolar Holding Co., Ltd. (NYSE:JKS) from Hold to Buy, and raised price target from $32 to $37. Citigroup maintained Hold rating and HK$9.20 price target on the Hong Kong-listed shares of PetroChina Company Limited (NYSE:PTR). Goldman Sachs maintained Sell rating and $79 price target on PetroChina Company Limited (NYSE:PTR). JPMorgan maintained Underweight rating and HK$7.60 price target on the Hong Kong-listed shares of PetroChina Company Limited (NYSE:PTR). Deutsche Bank initiated coverage of SouFun Holdings Limited (NYSE:SFUN) with Buy rating and $96 price target. Goldman Sachs initiated coverage of SouFun Holdings Limited (NYSE:SFUN) with Neutral rating and $84 price target. Citigroup maintained Sell rating on Sinopec Shanghai Petrochemical Co. (NYSE:SHI), with HK$3 price target on the company's Hong Kong-listed shares. Oppenheimer & Co. maintained Perform rating on Sohu.com Inc. (NASDAQ:SOHU). Jefferies & Company maintained Hold rating on Seaspan Corporation (NYSE:SSW), and raised price target from $12 to $14. Citigroup downgraded China Southern Airlines Limited (NYSE:ZNH) from Buy to Sell, and maintained HK$4.50 price target on the company's Hong Kong-listed shares. Daiwa maintained Underperform rating and HK$4.87 price target on the Hong Kong-listed shares of China Southern Airlines Limited (NYSE:ZNH).

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: ACH, AMCN, ATV, CBEH, CEO, CHA, CHU, CYOU … (Oct 27, 2010)