Analyst Actions on Chinese Stocks: AUTC, BEST, CEA, CHA, CHL, CHU, CNIT, GSH ... (Mar 25, 2011)

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

Chardan Capital Markets reiterated Buy rating on AutoChina International Limited (NASDAQ:AUTC), and raised price target from $30 to $40. Roth Capital Partners maintained Buy rating on Shiner International, Inc. (NASDAQ:BEST), and reduced price target from $3.00 to $2.00. Nomura maintained Buy rating and HK$5.5 price target on the Hong Kong-listed shares of China Eastern Airlines Corp. Ltd. (NYSE:CEA). Nomura maintained Neutral rating and HK$4.90 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). Nomura maintained Buy rating and HK$90 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Nomura maintained Buy rating and HK$15.80 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Rodman & Renshaw maintained Market Outperform rating on China Information Technology, Inc. (NASDAQ:CNIT), with $9 price target. SWS maintained Outperform rating on the Shanghai-listed shares of Guangshen Railway Co. Ltd (NYSE:GSH). Roth Capital Partners reiterated Buy rating and $7 price target on LJ International, Inc. (NASDAQ:JADE). Canaccord Genuity reiterated Buy rating on China Kanghui Holdings (NYSE:KH), and raised price target from $19.50 to $22.50. China International Capital Corporation upgraded China Kanghui Holdings (NYSE:KH) to Buy. Roth Capital Partners reiterated Buy rating and $8.50 price target on Mecox Lane Limited ADR (NASDAQ:MCOX). Roth Capital Partners maintained Buy rating and $15 price target on Sorl Auto Parts, Inc. (NASDAQ:SORL). Deutsche Bank upgraded Seaspan Corporation (NYSE:SSW) from Hold to Buy, and raised price target from $16 to $27. William Blair maintained Market Perform Rating on Syswin Inc (NYSE:SYSW). Cowen and Company maintained Outperform rating on China Xiniya Fashion Ltd (NYSE:XNY).

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tdp2664
China Analyst
Analyst Actions on Chinese Stocks: AUTC, BEST, CEA, CHA, CHL, CHU, CNIT, GSH … (Mar 25, 2011)