Analyst Actions on Chinese Stocks: ACH, BCDS, CHU, CPHI, CSR, FMCN, HSFT, PWRD ... (Mar 9, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Credit
Suisse maintained Outperform rating and HK$9 price target on the Hong
Kong-listed shares of Aluminum Corp. of China Limited (NYSE:ACH). Robert W.
Baird initiated coverage of BCD Semiconductor Manufacturing Limited
(NASDAQ:BCDS) with Outperform rating and $14 price target. Oppenheimer & Co.
initiated coverage of BCD Semiconductor Manufacturing Limited (NASDAQ:BCDS) with
Perform rating. Stifel Nicolaus initiated coverage of BCD Semiconductor
Manufacturing Limited (NASDAQ:BCDS) with Buy rating and $13 price target.
Goldman Sachs maintained Neutral rating and HK$12.5 price target on the Hong
Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Roth Capital
Partners maintained Buy rating and $5 price target on China Pharma Holdings,
Inc. (AMEX:CPHI). BNP Paribas reiterated Buy rating on China Security &
Surveillance Tech. Inc. (NYSE:CSR), and maintained $8.60 price target. Goldman
Sachs maintained Buy rating on Focus Media Holding Limited (NASDAQ:FMCN), and
raised price target from $34 to $35. Citigroup maintained Buy rating on Focus
Media Holding Limited (NASDAQ:FMCN), and raised price target from $33 to $37.
JPMorgan maintained Overweight rating on Focus Media Holding Limited
(NASDAQ:FMCN), and raised price target from $28 to $33. Susquehanna Financial
Group initiated coverage of HiSoft Technology International Limited
(NASDAQ:HSFT) with Positive rating and $27 price target. Janco Partners
maintained Market Perform rating on Perfect World Co., Ltd. (NASDAQ:PWRD), and
cut price target from $26.16 to $22.44. Yesterday Piper Jaffray reiterated
Overweight rating and $107 price target on SINA Corporation (NASDAQ:SINA).
Deutsche Bank maintained Buy rating and $14.30 price target on Suntech Power
Holdings Co., Ltd. (NYSE:STP). Goldman Sachs maintained Neutral rating on
Suntech Power Holdings Co., Ltd. (NYSE:STP), and raised price target from $9.20
to $10. Credit Suisse maintained Underperform rating on Suntech Power Holdings
Co., Ltd. (NYSE:STP), and raised price target from $6.75 to $7.00. Citigroup
maintained Hold rating and $10.50 price target on Suntech Power Holdings Co.,
Ltd. (NYSE:STP). Goldman Sachs reiterated Buy rating and $29 price target on 7
Days Group Holdings Limited (NYSE:SVN). Credit Suisse maintained Outperform
rating on 7 Days Group Holdings Limited (NYSE:SVN), and cut price target from
$28.80 to $27.90. JPMorgan maintained Overweight rating on 7 Days Group Holdings
Limited (NYSE:SVN), and reduced price target from $30 to $27. Jefferies &
Company reiterated Buy rating on WuXi PharmaTech (Cayman) Inc. (NYSE:WX), and
maintained $20 price target. BNP Paribas reiterated Buy rating and $18.30 price
target on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). Piper Jaffray upgraded WuXi
PharmaTech (Cayman) Inc. (NYSE:WX) from Neutral to Overweight, and raised price
target from $17 to $20.