Analyst Actions on Chinese Stocks: BITA, CCSC, CEA, CELM, CEO, CHA, FMCN, JKS ... (Jan 4, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Lazard
Capital Markets initiating coverage of Bitauto Hldg Ltd (NYSE:BITA) with Buy
rating and $13 price target. Credit Suisse initiated coverage of Country Syl
Ckng Restaurant Chain Co Ltd (NYSE:CCSC) with Neutral rating and $27.37 price
target. Daiwa upgraded China Eastern Airlines Corp. Ltd. (NYSE:CEA) from Sell to
Hold, and maintained HK$4.03 price target on the companys Hong Kong-listed
shares. Global Hunter Securities initiated coverage of China Electric Motor,
Inc. (NASDAQ:CELM) with Buy rating and $9 price target. Daiwa reiterated
Outperform rating on CNOOC Limited (NYSE:CEO), and raised price target from
HK$18.80 to HK$22.00 on the companys Hong Kong-listed shares. Nomura maintained
Neutral rating and HK$4.80 price target on the Hong Kong-listed shares of China
Telecom Corporation Limited (NYSE:CHA). DBS Vickers reiterated Buy rating on
China Telecom Corporation Limited (NYSE:CHA), with HK$4.90 price target on the
companys Hong Kong-listed shares. Deutsche Bank maintained Hold rating and
$22.20 price target on Focus Media Holding Limited (NASDAQ:FMCN). Susquehanna
Financial Group reiterated Negative rating on JinkoSolar Holding Co., Ltd.
(NYSE:JKS), and maintained $16 price target. Roth Capital Partners reiterated
Buy rating on NetEase.com, Inc. (NASDAQ:NTES), and maintained $48 price target.
Susquehanna Financial Group reiterated Negative rating on Trina Solar Limited
(NYSE:TSL), and maintained $18 price target. DBS Vickers maintained Buy rating
and HK$26 price target on the Hong Kong-listed shares of Yanzhou Coal Mining Co.
(NYSE:YZC). Daiwa upgraded China Southern Airlines Limited (NYSE:ZNH) from
Underperform to Hold, and maintained HK$4.87 price target on the companys Hong
Kong-listed shares.