Wednesday, March 23, 2011

Analyst Actions on Chinese Stocks: AUTC, CEA, CEO, CFSG, CHA, CHL, DANG, LFC ... (Mar 23, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Chardan
Capital Markets maintained Buy rating on AutoChina International Limited
(NASDAQ:AUTC), with $30 price target. HSBC reiterated Underweight rating and
HK$2.8 price target on the Hong Kong-listed shares of China Eastern Airlines
Corp. Ltd. (NYSE:CEA). Goldman Sachs reiterated Buy rating on CNOOC Limited
(NYSE:CEO), with $278 price target. Citigroup maintained Buy rating and HK$21.40
price target on the Hong Kong-listed shares of CNOOC Limited (NYSE:CEO). Bank of
America maintained Neutral rating on CNOOC Limited (NYSE:CEO), with HK$21.30
price target on the companys Hong Kong-listed shares. Roth Capital Partners
maintained Buy rating on China Fire & Security Group, Inc. (NASDAQ:CFSG), and
cut price target from $9 to $8. Credit Suisse maintained Neutral rating and
HK$4.40 price target on the Hong Kong-listed shares of China Telecom Corporation
Limited (NYSE:CHA). Yuanta reiterated Buy rating and HK$5.10 price target on the
Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). HSBC
maintained Overweight rating on China Telecom Corporation Limited (NYSE:CHA),
and raised price target from HK$5.1 to HK$5.2 on the companys Hong Kong-listed
shares. Haitong maintained Buy rating and HK$90 price target on the Hong
Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Macquarie maintained
Outperform rating and $36 price target on E Commerce China Dangdang Inc
(NYSE:DANG). Barclays Capital maintained Underweight rating on China Life
Insurance Company Ltd. (NYSE:LFC), and cut price target from HK$34.6 to HK$29.9
on the companys Hong Kong-listed shares. Deutsche Bank maintained Buy rating on
China Life Insurance Company Ltd. (NYSE:LFC), and cut price target from HK$38.00
to HK$37.50 on the companys Hong Kong-listed shares. HSBC reiterated Overweight
rating on China Life Insurance Company Ltd. (NYSE:LFC), and maintained HK$38
price target on the companys Hong Kong-listed shares. Piper Jaffray maintained
Overweight rating and $12 price target on Sky mobi Ltd (NASDAQ:MOBI). Goldman
Sachs maintained Buy rating on Youku.com Inc (NYSE:YOKU), and raised price
target from $43 to $54. HSBC reiterated Neutral rating and HK$3.8 price target
on the Hong Kong-listed shares of China Southern Airlines Limited (NYSE:ZNH).

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