Analyst Actions on Chinese Stocks: CADC, CCSC, CHL, CTRP, DQ, JASO, LDK, LFT ... (Jan 6, 2011)

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

Global Hunter Securities initiated coverage of China Advanced Con. Materials Gr. Inc (NASDAQ:CADC) with Buy rating and $7.50 price target. Credit Suisse maintained Neutral rating and $27.37 price target on Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC). Nomura maintained Buy rating and HK$95 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). ThinkEquity maintained Buy rating and $56 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Piper Jaffray maintained Overweight rating and $20 price target on Daqo New Energy Corp. (NYSE:DQ). Auriga USA reiterated Buy rating on Daqo New Energy Corp. (NYSE:DQ), and maintained $20 price target. Roth Capital Partners reiterated Buy rating and $15 price target on Daqo New Energy Corp. (NYSE:DQ). Needham & Company maintained Buy rating on JA Solar Holdings Co., Ltd. (NASDAQ:JASO), and cut price target from $13 to $11. Needham & Company maintained Buy rating and $19 price target on LDK Solar Co., Ltd. (NYSE:LDK). BMO Capital Markets reaffirmed Outperform rating and $50 price target on Longtop Financial Technologies Limited (NYSE:LFT). Credit Suisse initiated coverage of Rda Microelectronics Inc (NASDAQ:RDA) with Outperform rating and $17 price target. Oppenheimer & Co. reiterated Outperform rating and $17 price target on ShangPharma Corp (NYSE:SHP). Piper Jaffray maintained Neutral rating and $5.6 price target on Sinovac Biotech Ltd. (NASDAQ:SVA). WBB reiterated Sell Short rating and $5 price target on Skystar Bio-Pharmaceutical Company (NASDAQ:SKBI). Needham & Company maintained Buy rating and $14 price target on Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF). Needham & Company maintained Hold rating on Suntech Power Holdings Co., Ltd. (NYSE:STP). Roth Capital Partners reiterated Buy rating on Yongye International, Inc. (NASDAQ:YONG), and maintained $17 price target. Chardan Capital Markets maintained Buy rating on Yongye International, Inc. (NASDAQ:YONG), with $11 price target.

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tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CADC, CCSC, CHL, CTRP, DQ, JASO, LDK, LFT … (Jan 6, 2011)