Analyst Actions on Chinese Stocks: ACH, CCIH, CEO, CHU, DANG, DEER, DL, EDU ... (Apr 27, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . RBS
maintained Sell rating and HK$5.86 price target on the Hong Kong-listed shares
of Aluminum Corp. of China Limited (NYSE:ACH). Oppenheimer & Co. maintained
Outperform rating on ChinaCache Internatnl Hldgs Ltd (NASDAQ:CCIH), and cut
price target from $32 to $28. DBS Vickers upgraded China Unicom (Hong Kong)
Limited (NYSE:CHU) from Hold to Buy, and raised price target from HK$12 to HK$18
on the companys Hong Kong-listed shares. Samsung Securities maintained Buy
rating and HK$17.10 price target on the Hong Kong-listed shares of China Unicom
(Hong Kong) Limited (NYSE:CHU). Mirae Asset Securities upgraded China Unicom
(Hong Kong) Limited (NYSE:CHU) from Hold to Buy, and raised price target from
HK$14 to HK$18 on the companys Hong Kong-listed shares. Citigroup maintaiend Buy
rating and HK$21.40 price target on the Hong Kong-listed shares of CNOOC Limited
(NYSE:CEO). Daiwa reiterated Outperform rating and HK$23.50 price target on the
Hong Kong-listed shares of CNOOC Limited (NYSE:CEO). Macquarie maintained
Outperform rating on E Commerce China Dangdang Inc (NYSE:DANG), and reiterated
$36 price target. Global Hunter Securities maintained Buy rating and $12 price
target on Deer Consumer Products, Inc. (NASDAQ:DEER). Tripoint Global Equities
initiated coverage of China Distance Education Hldgs Ltd (NYSE:DL) with Hold
rating. Piper Jaffray maintained Overweight rating and $125 price target on New
Oriental Educatn & Tech Grp Inc (NYSE:EDU). William Blair maintained Market
Perform rating on New Oriental Educatn & Tech Grp Inc (NYSE:EDU). Macquarie
downgraded Huaneng Power International, Inc. (NYSE:HNP) from Outperform to
Neutral, and cut price target from HK$5.30 to HK$4.30 on the companys Hong
Kong-listed shares. Kaufman Brothers reiterated Buy rating and $24 price target
on LDK Solar Co., Ltd (NYSE:LDK). Needham & Company maintained Buy rating on LDK
Solar Co., Ltd (NYSE:LDK), and cut price target from $23 to $21. Nomura
maintained Neutral rating and $14 price target on LDK Solar Co., Ltd (NYSE:LDK).
Jefferies & Company maintained Hold rating on Melco Crown Entertainment Ltd
(NASDAQ:MPEL), and raised price target from $7.44 to $9.00. Citigroup maintained
Sell rating and HK$3.50 price target on the Hong Kong-listed shares of Sinopec
Shanghai Petrochemical Co. (NYSE:SHI). RBS reiterated Buy rating on Sohu.com
Inc. (NASDAQ:SOHU), and raised price target from $92 to $129. Macquarie upgraded
Sohu.com Inc. (NASDAQ:SOHU) to Outperform, and raised price target from $100 to
$125. Collins Stewart maintained Neutral rating and $10 price target on ReneSola
Ltd. (NYSE:SOL). Lazard Capital Markets maintained Buy rating and $14 price
target on ReneSola Ltd. (NYSE:SOL). Susquehanna Financial Group maintained
Neutral rating and $7.50 price target on Suntech Power Holdings Co., Ltd.
(NYSE:STP). Goldman Sachs downgraded Youku.com Inc (NYSE:YOKU) from Buy to
Neutral, and maintained $54 price target. Goldman Sachs reiterated Buy rating
and HK$28 price target on the Hong Kong-listed shares of Yanzhou Coal Mining Co.
(NYSE:YZC). HSBC maintained Overweight rating on Yanzhou Coal Mining Co.
(NYSE:YZC), and raised price target from HK$26.8 to HK$37 on the companys Hong
Kong-listed shares. Macquarie maintained Neutral rating and HK$31 price target
on the Hong Kong-listed shares of Yanzhou Coal Mining Co. (NYSE:YZC). JPMorgan
maintained Underweight rating and HK$4.70 price target on the Hong Kong-listed
shares of China Southern Airlines Limited (NYSE:ZNH).