Analyst Actions on Chinese Stocks: AOB, APWR, CAST, CEA, CGA, CHLN, CHU, CMED ... (Nov 15, 2010)

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

Brean Murray maintained Buy rating on American Oriental Bioengineering, Inc. (NYSE:AOB), and cut price target from $4 to $3.70. Raymond James downgraded A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) from Outperform to Market Perform. Brean Murray maintained Buy rating and $12.50 price target on Chinacast Education Corporation (NASDAQ:CAST). Nomura maintained Buy rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA), and raised price target from HK$4.62 to HK$5.90 on the company's Hong Kong-listed shares. Roth Capital Partners maintained Neutral rating and $9 price target on China Green Agriculture, Inc (NYSE:CGA). Roth Capital Partners maintained Buy rating on China Housing & Land Development, Inc. (NASDAQ:CHLN), and raised price target from $5 to $6. Nomura reiterated Buy rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and maintained HK$13.50 price target on the company's Hong Kong-listed shares. Morgan Stanley maintained Equal-weight rating on China Medical Technologies, Inc. (NASDAQ:CMED). Global Hunter Securities maintained Buy rating on China Yida Holding, Co. (NASDAQ:CNYD), and cut price target from $18 to $15. William Blair maintained Outperform rating on China Real Estate Information Corporation (NASDAQ:CRIC). Piper Jaffray maintained Overweight rating and $54 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Piper Jaffray maintained Overweight rating and $8.50 price target on Giant Interactive Group Inc (NYSE:GA). Roth Capital Partners maintained Buy rating and $16 price target on Hollysys Automation Technologies Ltd (NASDAQ:HOLI). Oppenheimer & Co. reiterated Outperform 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). Goldman Sachs maintained Neutral rating on NetEase.com, Inc. (NASDAQ:NTES), and raised price target from $36 to $39. Piper Jaffray maintained Neutral rating and $40 price target on NetEase.com, Inc. (NASDAQ:NTES). Piper Jaffray maintained Overweight rating and $37 price target on Perfect World Co., Ltd. (NASDAQ:PWRD). Oppenheimer & Co. maintained Perform rating on Simcere Pharmaceutical Group (NYSE:SCR). Global Hunter Securities reiterated Buy rating and $6 price target on SinoHub Inc (AMEX:SIHI). Roth Capital Partners maintained Buy rating and $4 price target on SinoHub Inc (AMEX:SIHI). Roth Capital Partners maintained Neutral rating and $38 price target on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA). Morgan Stanley maintained Equal-weight rating on Sinovac Biotech Ltd. (NASDAQ:SVA). Morgan Stanley maintained Overweight rating on Trina Solar Limited (NYSE:TSL), and raised price target from $33 to $36.20. Jefferies & Company maintained Buy rating on VanceInfo Technologies Inc. (NYSE:VIT), and raised price target from $30 to $41. Nomura upgraded China Southern Airlines Limited (NYSE:ZNH) from Neutral to Buy, and raised price target from HK$4.31 to HK$7.20 on the company's Hong Kong-listed shares.

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: AOB, APWR, CAST, CEA, CGA, CHLN, CHU, CMED … (Nov 15, 2010)