Analyst Actions on Chinese Stocks: BITA, CHU, CTFO, CTRP, DL, GA, JADE, LFC ... (May 13, 2011)

tdp2664
China Analyst

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

Oppenheimer maintained Outperform rating and $13 price target on Bitauto Hldg Ltd (NASDAQ:BITA). SWS Research upgraded China Unicom (Hong Kong) Limited (NYSE:CHU) from Neutral to Outperform, and raised price target from HK$15.1 to HK$17.5 on the company's Hong Kong-listed shares. Roth Capital Partners maintained Buy rating on China TransInfo Technology Corp. (NASDAQ:CTFO), and cut price target from $11 to $9. Piper Jaffray maintained Overweight rating and $50 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). ThinkEquity maintained Buy rating and $53 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Tripoint Global Equities maintained Hold rating on China Distance Education Hldgs Ltd (NYSE:DL). Morgan Stanley maintained Overweight rating on Giant Interactive Group Inc (NYSE:GA). Bank of America maintained Underperform rating on Giant Interactive Group Inc (NYSE:GA), and raised price objective from $7.7 to $8.8. Piper Jaffray reiterated Overweight rating on Giant Interactive Group Inc (NYSE:GA), and raised price target from $10 to $11. Roth Capital Partners reiterated Buy rating and $7 price target on LJ International, Inc. (NASDAQ:JADE). ICBC International maintained Hold rating on China Life Insurance Company Ltd. (NYSE:LFC), and reduced price target from HK$32.4 to HK$28.0 on the company's Hong Kong-listed shares. Roth Capital Partners maintained Buy rating and $55 price target on NetEase.com, Inc. (NASDAQ:NTES). Yesterday Morgan Stanley downgraded SINA Corporation (NASDAQ:SINA) from Overweight to Equal-weight. Roth Capital Partners maintained Buy rating and $6 price target on Xinyuan Real Estate Co., Ltd. (NYSE:XIN). Piper Jaffray reiterated Overweight rating on Xueda Education Group (NYSE:XUE), and maintained $14 price target. Collins Stewart maintained Buy rating and $17.50 price target on Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE). Roth Capital Partners maintained Buy rating and $14 price target on Yuhe International, Inc (NASDAQ:YUII).