Analyst Actions on Chinese Stocks: ALN, ASIA, BIDU, CHA, CIS, EDU, FMCN, HSFT ... (Apr 6, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Rodman &
Renshaw maintained Market Outperform rating and $6 price target on American
Lorain Corporation (AMEX:ALN). Wedbush Securities maintained Outperform rating
and $27 price target on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA). Nomura reaffirmed
Buy rating on Baidu.com, Inc. (NASDAQ:BIDU), and raised price target from $140
to $165. Nomura reaffirmed Neutral rating on China Telecom Corporation Limited
(NYSE:CHA). Barclays Capital maintained Overweight rating and $23 price target
on Camelot Information Systems Inc (NYSE:CIS). Goldman Sachs upgraded New
Oriental Educatn & Tech Grp Inc (NYSE:EDU) from Neutral to Buy, and added the
stock to Asia Pacific Conviction List, and raised price target from $103 to
$130. Robert W. Baird maintained Neutral rating and $112 price target on New
Oriental Educatn & Tech Grp Inc (NYSE:EDU). Goldman Sachs maintained Buy rating
and $35 price target on Focus Media Holding Limited (NASDAQ:FMCN), and removed
it from Asia Pacific Conviction List. Nomura upgraded Focus Media Holding
Limited (NASDAQ:FMCN) from Neutral to Buy, and raised price target from $27 to
$36. Citigroup maintained Buy rating on HiSoft Technology Internatnl Ltd
(NASDAQ:HSFT), and cut price target from $33 to $25. Deutsche Bank maintained
Buy rating on HiSoft Technology Internatnl Ltd (NASDAQ:HSFT), and cut price
target from $31 to $28. Ticonderoga Securities maintained Neutral rating on Nam
Tai Electronics, Inc. (NYSE:NTE). Standard Chartered maintained Outperform
rating and HK$11.50 price target on the Hong Kong-listed shares of PetroChina
Company Limited (NYSE:PTR). Madison Williams maintained Neutral rating on
SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK). Rodman & Renshaw
maintained Market Outperform rating on SinoHub Inc (NYSE:SIHI), with $7 price
target. Goldman Sachs reiterated Buy rating on China Petroleum & Chemical Corp.
(NYSE:SNP). Standard Chartered maintained In-Line rating and HK$8 price target
on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP).
Oppenheimer & Co. maintained Outperform rating on Sorl Auto Parts, Inc.
(NASDAQ:SORL), and cut price target from $15 to $12. Macquarie reiterated
Outperform rating and $5.25 price target on VisionChina Media Inc (NASDAQ:VISN).
Morgan Stanley reiterated Overweight rating on WuXi PharmaTech (Cayman) Inc.
(NYSE:WX). Robert W. Baird maintained Neutral rating and $11 price target on
Xueda Education Group (NYSE:XUE). Nomura initiated coverage of Youku.com Inc
(NYSE:YOKU) with Buy rating and $65 price target. Macquarie maintained Neutral
rating on Yanzhou Coal Mining Co. (NYSE:YZC), and raised price target from
HK$23.50 to HK$31 on the companys Hong Kong-listed shares. ICBC International
upgraded Yanzhou Coal Mining Co. (NYSE:YZC) from Hold to Buy, and raised price
target from HK$25.15 to HK$34.00 on the companys Hong Kong-listed shares.