Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.
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. The stock is trading at a price-to-earnings ratio of 61.49x and a market cap of $32.04B. It has a 52-week trading range of $10.34-$15.68 and a Beta of 0.61. Citigroup maintained Buy rating on Huaneng Power International, Inc. (NYSE:HNP), and cut price target from HK$5.50 to HK$5.00 on the company's Hong Kong-listed shares. The stock is trading at a price-to-earnings ratio of 8.91x and a market cap of $6.69B. It has a 52-week trading range of $20.39-$25.92 and a Beta of 0.69. Collins Stewart maintained Buy rating and $36 price target on Trina Solar Limited (NYSE:TSL). The stock is trading at a price-to-earnings ratio of 9.82x and a market cap of $3.38B. It has a 52-week trading range of $14.85-$31.89 and a Beta of 3.20.
tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CHU, HNP, TSL (Nov 26, 2010)
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