Analyst Actions on Chinese Stocks: AMBO, ASIA, BORN, CADC, CAST, CHA, CHOP, CJJD ... (Nov 16, 2010)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Macquarie
maintained Outperform rating and $16 price target on Ambow Education Holding Ltd
(NYSE:AMBO). Susquehanna Financial Group maintained Positive rating and $26
price target on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA). Cowen and Company
reiterated Outperform rating on China New Borun Corp (NYSE:BORN). Roth Capital
Partners maintained Buy rating on China Advanced Con. Materials Gr. Inc
(NASDAQ:CADC), and cut price target from $9 to $8. Global Hunter Securities
maintained Buy rating and $10 price target on Chinacast Education Corporation
(NASDAQ:CAST). Credit Suisse maintained Neutral rating on China Telecom
Corporation Limited (NYSE:CHA), and raised price target from HK$3.95 to HK$4.40
on the companys Hong Kong-listed shares. Global Hunter Securities maintained
Neutral rating on China Gerui Advanced Materials Group Limited (NASDAQ:CHOP).
Madison Williams reiterated Buy rating and $10 price target on China Jo Jo
Drugstores Inc (NASDAQ:CJJD). Jefferies & Company initiated coverage of China
Cord Blood Corp (NYSE:CO) with Buy rating and $5.50 price target. Roth Capital
Partners maintained Buy rating on China Ritar Power Corp. (NASDAQ:CRTP), and cut
price target from $6.00 to $4.50. Macquarie maintained Neutral rating on China
Sunergy Co., Ltd. (NASDAQ:CSUN), and raised price target from $6 to $6.25.
Deutsche Bank upgraded Ctrip.com International, Ltd. (NASDAQ:CTRP) from Sell to
Hold, and raised price target from $39 to $46. Piper Jaffray initiated coverage
of Daqo New Energy Corp. (NYSE:DQ) with Overweight rating and $17 price target.
Auriga USA reiterated Buy rating and $29 price target on Focus Media Holding
Limited (NASDAQ:FMCN). Collins Stewart reiterated Buy rating on JinkoSolar
Holding Co., Ltd. (NYSE:JKS), and raised price target from $34 to $43. Deutsche
Bank maintained Buy rating and $45 price target on Longtop Financial
Technologies Limited (NYSE:LFT). Janney Montgomery Scott maintained Buy rating
on Longtop Financial Technologies Limited (NYSE:LFT). William Blair maintained
Outperform rating on Longtop Financial Technologies Limited (NYSE:LFT). Brean
Murray maintained Buy rating and $18 price target on Puda Coal, Inc (AMEX:PUDA).
Citigroup downgraded Perfect World Co., Ltd. (NASDAQ:PWRD) from Buy to Sell, and
cut price target from $32 to $29. Credit Suisse downgraded Perfect World Co.,
Ltd. (NASDAQ:PWRD) from Outperform to Underperform, and cut price target from
$30.0 to $26.5. Bank of America maintained Buy rating on Perfect World Co., Ltd.
(NASDAQ:PWRD), and raised price objective from $30 to $34. Morgan Stanley
reiterated Overweight rating on Perfect World Co., Ltd. (NASDAQ:PWRD). Credit
Agricole Securities maintained Buy rating on SINA Corporation (NASDAQ:SINA), and
raised price target from $63 to $76. Piper Jaffray maintained Overweight rating
and $16 price target on 3SBio Inc. (NASDAQ:SSRX). Morgan Stanley reiterated
Overweight rating on 3SBio Inc. (NASDAQ:SSRX). Piper Jaffray maintained
Overweight rating and $8.80 price target on Sinovac Biotech Ltd. (NASDAQ:SVA).
Brean Murray maintained Buy rating on Tri-Tech Holding, Inc. (Public,
NASDAQ:TRIT), and cut price target from $21 to $18. JPMorgan upgraded WuXi
PharmaTech (Cayman) Inc. (NYSE:WX) from Neutral to Overweight, and raised price
target from $17 to $21.