Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.
Nomura maintained Neutral rating and HK$4.90 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). Yesterday Phillip Securities reiterated Buy rating on CNOOC Limited (NYSE:CEO), and raised price target to HK$22.3 on the company's Hong Kong-listed shares. Brean Murray maintained Buy rating and $10 price target on China Hydroelectric Corporation (NYSE:CHC). Nomura maintained Buy rating and HK$90 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Nomura maintained Buy rating and HK$15.80 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Macquarie maintained Outperform rating and HK$15 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Nomura maintained Neutral rating on Huaneng Power International, Inc. (NYSE:HNP), with HK$4.78 price target on the company's Hong Kong-listed shares. BMO Capital Markets downgraded HiSoft Technology International Ltd (NASDAQ:HSFT) from Outperform to Market Perform, and reduced price target from $34 to $20. Roth Capital Partners reiterated Buy rating on Noah Education Holdings Ltd. (NYSE:NED). ICBC International downgraded China Petroleum & Chemical Corp. (NYSE:SNP) from Buy to Hold, and reduced price target from HK$9.56 to HK$8.14 on the company's Hong Kong-listed shares. Mirae Asset Securities maintained Buy rating on Sohu.com Inc. (NASDAQ:SOHU), and raised price target from $95 to $105. Auriga reiterated Buy rating and $29 price target on Spreadtrum Communications, Inc (NASDAQ:SPRD). Mirae Asset Securities reiterated Reduce rating on Youku.com Inc (NYSE:YOKU), and maintained $34 price target. RBS maintained Buy rating and HK$29.40 price target on the Hong Kong-listed shares of Yanzhou Coal Mining Co. (NYSE:YZC).
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China Analyst
Analyst Actions on Chinese Stocks: CEO, CHA, CHC, CHL, CHU, HNP, HSFT, NED … (Apr 4, 2011)
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