Analyst Actions on Chinese Stocks: CHA, CHL, CHOP, CHU, EDU, FMCN, LFT, LIWA ... (Mar 21, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Deutsche
Bank maintained Buy rating and HK$5.40 price target on the Hong Kong-listed
shares of China Telecom Corporation Limited (NYSE:CHA). Yesterday CLSA
maintained Buy rating on China Telecom Corporation Limited (NYSE:CHA), and
raised price target from HK$5 to HK$5.5 on the companys Hong Kong-listed shares.
DBS Vickers maintained Buy rating on China Mobile Ltd. (NYSE:CHL), with HK$82
price target on the companys Hong Kong-listed shares. Yesterday Goldman Sachs
maintained Neutral rating on China Mobile Ltd. (NYSE:CHL), and cut price target
from $56.2 to $52.7. Global Hunter Securities upgraded China Gerui Advanced
Materials Group Limited (NASDAQ:CHOP) from Neutral to Buy, with $10 price
target. Yuanta maintained Buy rating and HK$14.60 price target on the Hong
Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Yesterday
CLSA maintained Underperform rating on China Unicom (Hong Kong) Limited
(NYSE:CHU), and raised price target from HK$10 to HK$12.1 on the companys Hong
Kong-listed shares. Yesterday Oppenheimer & Co. maintained Outperform rating on
New Oriental Education & Technology Group Inc (NYSE:EDU), and reiterated $125
price target. Goldman Sachs maintained Conviction Buy rating and $35 price
target on Focus Media Holding Limited (NASDAQ:FMCN). Kaufman Brothers maintained
Buy rating and $50 price target on Longtop Financial Technologies Ltd
(NYSE:LFT). Macquarie initiated coverage of Longtop Financial Technologies Ltd
(NYSE:LFT) with Neutral rating and $35 price target. Global Hunter Securities
reiterated Buy rating and $20 price target on Lihua International, Inc.
(NASDAQ:LIWA). Brean Murray maintained Hold rating on Mindray Medical
International Ltd (NYSE:MR). Yesterday Morgan Stanley maintained Overweight
rating on Mindray Medical International Ltd (NYSE:MR). Yesterday Hong Yuan
Securities initiated coverage of the Shanghai-listed shares of Sinopec Shanghai
Petrochemical Co. (NYSE:SHI) with Buy rating and RMB 11 price target. Macquarie
initiated coverage of VanceInfo Technologies Inc.(NYSE:VIT) with Outperform
rating and $36 price target.