Analyst Actions on Chinese Stocks: CBAK, CELM, CGA, CHA, CHBT, CHGS, CHNG, DANG ... (Mar 22, 2011)

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

Roth Capital Partners suspended coverage of China BAK Battery Inc. (NASDAQ:CBAK). Roth Capital Partners suspended coverage of China Electric Motor, Inc. (NASDAQ:CELM). Roth Capital Partners suspended coverage of China Green Agriculture, Inc (NYSE:CGA). Standard Chartered reiterated Outperform rating on China Telecom Corporation Limited (NYSE:CHA), and raised price target from HK$5.3 to HK$5.6 on the company's Hong Kong-listed shares. JPMorgan maintained Overweight rating on China Telecom Corporation Limited (NYSE:CHA). Morgan Stanley maintained Underweight rating and HK$4.10 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). Roth Capital Partners suspended coverage of China-Biotics Inc. (NASDAQ:CHBT). Roth Capital Partners suspended coverage of China GengSheng Minerals, Inc. (AMEX:CHGS). Roth Capital Partners suspended coverage of China Natural Gas, Inc. (NASDAQ:CHNG). Credit Suisse maintained Neutral rating and $24.50 price target on E Commerce China Dangdang Inc (NYSE:DANG). Piper Jaffray upgraded E Commerce China Dangdang Inc (NYSE:DANG) from Neutrl to Overweight, and cut price target from $30 to $25. Global Hunter Securities reiterated Buy rating and $18 price target on Deer Consumer Products, Inc. (NASDAQ:DEER). Roth Capital Partners suspended coverage of Duoyuan Printing, Inc. (NYSE:DYP). Roth Capital Partners maintained Buy rating and $10 price target on KongZhong Corporation (NASDAQ:KONG). Citigroup maintained Hold rating and HK$34 price target on the Hong Kong-listed shares of China Life Insurance Company Ltd. (NYSE:LFC). Barclays Capital reitearted Underweight rating on China Life Insurance Company Ltd. (NYSE:LFC), and maintained HK$34.6 price target on the company's Hong Kong-listed shares. CLSA reiterated Buy rating and HK$14.3 price target on the Hong Kong-listed shares of PetroChina Company Limited (NYSE:PTR). Roth Capital Partners suspended coverage of SinoHub Inc (NYSE:SIHI). Yuanta maintained Hold rating and HK$8.30 price target on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP). Janney Montgomery Scott maintained Buy rating on China Xiniya Fashion Ltd (NYSE:XNY), and cut fair value from $13.00 to $6.00.

Negocioenlinea
tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CBAK, CELM, CGA, CHA, CHBT, CHGS, CHNG, DANG … (Mar 22, 2011)