Analyst Actions on Chinese Stocks: ASIA, BIDU, CBPO, CDCS, CHU, CISG, CPHI, FMCN ... (Dec 6, 2010)

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

BMO Capital Markets maintained Market Perform rating on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA), and cut price target from $24 to $22. Deutsche Bank maintained Hold rating on Baidu.com, Inc. (NASDAQ:BIDU). Susquehanna Financial Group reiterated Positive rating on Baidu.com, Inc. (NASDAQ:BIDU), and maintained $125 price target. Brean Murray maintained Buy rating and $20 price target on China Biologic Products Inc (NASDAQ:CBPO). Lazard Capital Markets maintained Buy rating and $11 price target on CDC Software Corp (NASDAQ:CDCS). 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. JPMorgan downgraded CNinsure Inc. (NASDAQ:CISG) from Overweight to Neutral, and cut price target from $28 to $20. Ladenburg Thalmann maintained Buy rating and $6.25 price target on China Pharma Holdings, Inc. (AMEX:CPHI). Macquarie reiterated Outperform rating and $30 price target on Focus Media Holding Limited (NASDAQ:FMCN). Roth Capital Partners maintained Buy rating and $8 price target on Funtalk China Holdings Ltd. (NASDAQ:FTLK). Nomura maintained Neutral rating and $7.65 price target on Giant Interactive Group Inc (NYSE:GA). ICBC International Securities maintained Hold rating and HK$34.50 price target on the Hong Kong-listed shares of China Life Insurance Company Ltd.  (NYSE:LFC). BMO Capital Markets maintained Outperform rating and $50 price target on Longtop Financial Technologies Limited (NYSE:LFT). BNP Paribas maintained Buy rating on PetroChina Company Limited (NYSE:PTR), and raised price target from HK$10.75 to HK$11.70 on the company's Hong Kong-listed shares. Credit Suisse reiterated Outperform rating on SINA Corporation (NASDAQ:SINA), and maintained $73 price target. Auriga USA reiterated Buy rating on SINA Corporation (NASDAQ:SINA), and raised price target from $71 to $81. Macquarie maintained Outperform rating and $68 price target on SINA Corporation (NASDAQ:SINA). BNP Paribas downgraded China Petroleum & Chemical Corp. (NYSE:SNP) from Hold to Reduce, and maintained HK$6.20 price target on the company's  Hong Kong-listed shares. Deutsche Bank reiterated Buy rating on Suntech Power Holdings Co., Ltd. (NYSE:STP), and maintained $13.8 price target. Cowen and Company maintained Outperform rating on Suntech Power Holdings Co., Ltd. (NYSE:STP). Piper Jaffray reiterated Overweight rating and $15 price target on Wonder Auto Technology, Inc. (NASDAQ:WATG).

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: ASIA, BIDU, CBPO, CDCS, CHU, CISG, CPHI, FMCN … (Dec 6, 2010)