Friday, April 1, 2011

Analyst Actions on Chinese Stocks: CEA, CELM, CNET, HNP, HSFT, JASO, LDK, LFC ... (Apr 1, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . HSBC
reiterated Underweight rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA),
and reduced price target from HK$2.80 to HK$2.60 on the companys Hong
Kong-listed shares. Global Hunter Securities discontinued coverage of China
Electric Motor, Inc. (NASDAQ:CELM). Ladenburg Thalmann maintained Buy rating and
$7 price target on Chinanet Online Holdings Inc (NASDAQ:CNET). BNP Paribas
maintained Hold rating on Huaneng Power International, Inc. (NYSE:HNP), and
raised price target from HK$4.46 to HK$4.51 on the companys Hong Kong-listed
shares. Susquehanna Financial Group maintained Positive rating and $27 price
target on HiSoft Technology Internatnl Ltd (NASDAQ:HSFT). Macquarie downgraded
JA Solar Holdings Co., Ltd. (NASDAQ:JASO) from Outperform to Neutral, and cut
price target from $11 to $8. Kaufman Brothers reiterated Buy rating and $24
price target on LDK Solar Co., Ltd (NYSE:LDK). Credit Suisse maintained
Underperform rating and HK$30 price target on the Hong Kong-listed shares of
China Life Insurance Company Ltd. (NYSE:LFC). Global Hunter Securities
reiterated Buy rating and $9 price target on Ossen Innovation Co., Ltd.
(NASDAQ:OSN). Macquarie maintained Outperform rating and $95 price target on
SINA Corporation (NASDAQ:SINA). Brean Murray maintained Buy rating and $4.8
price target on Sinovac Biotech Ltd. (NASDAQ:SVA). Roth Capital Partners
initiated coverage of Syswin Inc (NYSE:SYSW) with Buy rating and $8.50 price
target. Global Hunter Securities reiterated Buy rating and $16 price target on
Yuhe International, Inc (NASDAQ:YUII). Roth Capital Partners maintained Buy
rating on Yuhe International, Inc (NASDAQ:YUII), and cut price target from $16
to $14.

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