Wednesday, May 11, 2011

Analyst Actions on Chinese Stocks: ADY, AMCN, ASIA, CEA, CHA, CHL, CHOP, CHU ... (May 11, 2011)

tdp2664
China Analyst

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.

Roth Capital Partners upgraded Feihe International Inc (NYSE:ADY) from Neutral to Buy, and raised price target from $9.50 to $13.50. Morgan Stanley maintained Overweight rating on AirMedia Group Inc. (NASDAQ:AMCN). BMO Capital Markets reaffirmed Market Perform rating on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA), and maintained $22 price target. HSBC maintained Underweight rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA), and cut price target from HK$2.6 to HK$2.5 on the company's Hong Kong-listed shares. Standard Chartered maintained Outperform rating and HK$6 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). Standard Chartered maintained Outperform rating and HK$88 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Brean Murray maintained Buy rating and $10 price target on China Gerui Advanced Materials Group Limited (NASDAQ:CHOP). Global Hunter Securities reiterated Buy rating and $10 price target on China Gerui Advanced Materials Group Limited (NASDAQ:CHOP). BNP Paribas maintained Hold rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and raised price target from HK$13.31 to HK$14.72 on the company's Hong Kong-listed shares. Standard Chartered maintained In-Line rating and HK$11.50 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Global Hunter Securities reiterated Buy rating on China Yida Holding, Co. (NASDAQ:CNYD), with $11.50 price target. Roth Capital Partners maintained Buy rating and $11 price target on China TransInfo Technology Corp. (NASDAQ:CTFO). Goldman Sachs maintained Neutral rating and $42 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Brean Murray maintained Hold rating on China Valves Technology, Inc. (NASDAQ:CVVT). Global Hunter Securities reiterated Buy rating and $12 price target on Deer Consumer Products, Inc. (NASDAQ:DEER). William Blair maintained Market Perform rating on Deer Consumer Products, Inc. (NASDAQ:DEER). Goldman Sachs maintained Buy rating and $43 price target on Focus Media Holding Limited (NASDAQ:FMCN). BMO Capital Markets reiterated Outperform rating on SmartHeat Inc (NASDAQ:HEAT), and cut price target from $7 to $3. Goldman Sachs reiterated Buy rating on China Lodging Group, Ltd (NASDAQ:HTHT), and maintained $29 price target. Oppenheimer maintained Outperform rating and $27 price target on China Lodging Group, Ltd (NASDAQ:HTHT). Auriga maintained Buy rating and $8 price target on JA Solar Holdings Co., Ltd. (NASDAQ:JASO). Brean Murray maintained Hold rating on JA Solar Holdings Co., Ltd. (NASDAQ:JASO). Susquehanna Financial Group reiterated Negative rating on JinkoSolar Holding Co., Ltd. (NYSE:JKS), with $17 price target. Wedbush Securities maintained Outperform rating and $51 price target on JinkoSolar Holding Co., Ltd. (NYSE:JKS). Cowen and Company reiterated Outperform rating on China Kanghui Holdings (NYSE:KH). Samsung Securities maintained Hold rating on China Life Insurance Company Ltd. (NYSE:LFC), with HK$29 price target on the company's Hong Kong-listed shares. Global Hunter Securities reiterated Buy rating and $20 price target on Lihua International, Inc. (NASDAQ:LIWA). Chardan Capital Markets maintained Buy rating on Lihua International, Inc. (NASDAQ:LIWA), with $18 price target. Credit Suisse maintained Neutral rating and $29 price target on Mindray Medical International Ltd (NYSE:MR). BNP Paribas maintained Buy rating and $32.60 price target on Mindray Medical International Ltd (NYSE:MR). Credit Suisse maintained Outperform rating on Rda Microelectronics Inc (NASDAQ:RDA), and raised price target from $17 to $18. Cowen and Company maintained Neutral rating on Simcere Pharmaceutical Group (NYSE:SCR). Goldman Sachs maintained Buy rating on SouFun Holdings Limited (NYSE:SFUN), and raised price target from $30 to $31. Piper Jaffray maintained Overweight rating and $107 price target on SINA Corporation (NASDAQ:SINA). Oppenheimer maintained Perform rating on SINA Corporation (NASDAQ:SINA). JPMorgan maintained Overweight rating on WuXi PharmaTech (Cayman) Inc. (NYSE:WX), and reiterated $23 price target. Bank of America reiterated Buy rating and $21 price objective on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). Auriga maintained Buy rating and $14.50 price target on Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE). Nomura reiterated Buy rating on Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), and maintained $15 price target. Chardan Capital Markets maintained Buy rating on Yongye International, Inc. (NASDAQ:YONG), and cut price target from $9 to $8. HSBC maintained Neutral rating on China Southern Airlines Limited (NYSE:ZNH), and raised price target from HK$3.5 to HK$4.4 on the company's Hong Kong-listed shares.



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