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 company's 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 company's 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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tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CEA, CELM, CNET, HNP, HSFT, JASO, LDK, LFC … (Apr 1, 2011)