Analyst Actions on Chinese Stocks: CAAS, CHOP, CHU, CYOU, NCTY, SOHU, WATG, YOKU ... (Apr 8, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Piper
Jaffray maintained Overweight rating and $16 price target on China Automotive
Systems, Inc. (NASDAQ:CAAS). Global Hunter Securities reiterated Buy rating and
$10 price target on China Gerui Advanced Materials Group Limited (NASDAQ:CHOP).
Chardan Capital Markets reiterated Buy rating on China Gerui Advanced Materials
Group Limited (NASDAQ:CHOP), and raised price target from $8.00 to $9.50.
Goldman Sachs maintained Neutral rating on China Unicom (Hong Kong) Limited
(NYSE:CHU), and raised price target from $16.80 to $18.70. Citigroup maintained
Buy rating and $45 price target on Changyou.com Limited (NASDAQ:CYOU). Bank of
America maintained Underperform rating on The9 Limited (NASDAQ:NCTY), and cut
price objective from $7.5 to $7.2. ThinkEquity maintained Sell rating and $4.50
price target on The9 Limited (NASDAQ:NCTY). Macquarie initiated coverage of
Sohu.com Inc. (NASDAQ:SOHU) with Neutral rating and $100 price target. Piper
Jaffray reiterated Overweight rating on Wonder Auto Technology, Inc.
(NASDAQ:WATG), and maintained $11.5 price target. Macquarie initiated coverage
of Youku.com Inc (NYSE:YOKU) with Underperform rating and $32 price target.
Citigroup maintained Buy rating and HK$32.22 price target on the Hong
Kong-listed shares of Yanzhou Coal Mining Co. (NYSE:YZC).