Analyst Actions on Chinese Stocks: CADC, CAGC, CHU, CISG, CPGI, CTRP, ISS, JKS ... (May 16, 2011)

Below are today's Analyst Actions on U.S.-listed Chinese Stocks . Roth
Capital Partners maintained Buy rating on China Advanced Con. Materials Gr. Inc
(NASDAQ:CADC), and cut price target from $8 to $6. Chardan Capital Markets
dropped coverage of China Agritech Inc. (NASDAQ:CAGC). Nomura maintained Buy
rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and raised price target
from HK$15.80 to HK$18.50 on the companys Hong Kong-listed shares. Macquarie
maintained Underperform rating and HK$12.40 price target on the Hong Kong-listed
shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Bank of America moved
rating on CNinsure Inc. (NASDAQ:CISG) to "No Rating". Oppenheimer downgraded
China Shengda Packaging Group Inc. (NASDAQ:CPGI) from Outperform to Perform, and
cut price target from $7 to $3.50. Deutsche Bank maintained Hold rating and $43
price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). JPMorgan maintained
Overweight rating on iSoftStone Holdings Ltd (NYSE:ISS), with $25 price target.
Morgan Stanley maintained Overweight rating on iSoftStone Holdings Ltd
(NYSE:ISS), and raised price target from $21.3 to $24. Brean Murray maintained
Buy rating and $35 price target on JinkoSolar Holding Co., Ltd. (NYSE:JKS).
Morgan Stanley reiterated Overweight rating on China Kanghui Holdings (NYSE:KH).
Cowen and Company reiterated Outperform rating on China Kanghui Holdings
(NYSE:KH). Credit Suisse initiated coverage of the Shanghai-listed shares of
China Life Insurance Company Ltd. (NYSE:LFC) with Neutral rating and RMB 25.08
price target. Morgan Stanley maintained Overweight rating on Mindray Medical
International Ltd (NYSE:MR). Bank of America maintained Neutral rating and $31
price objective on Mindray Medical International Ltd (NYSE:MR). Roth Capital
Partners maintained Buy rating on Noah Education Holdings Ltd. (NYSE:NED), and
raised price target from $2.50 to $3.00. RBS maintained Buy rating and $52 price
target on NetEase.com, Inc. (NASDAQ:NTES). Capstone Investments reiterated Buy
rating on 3SBio Inc. (NASDAQ:SSRX), and raised price target from $20 to $24.
Goldman Sachs reiterated Buy rating on 7 Days Group Holdings Limited (NYSE:SVN),
and maintained $29 price target. Roth Capital Partners maintained Neutral rating
and $30 price target on Trina Solar Limited (NYSE:TSL). Janney Montgomery Scott
maintained Neutral rating on VanceInfo Technologies Inc. (NYSE:VIT). Goldman
Sachs maintained Buy rating on Xueda Education Group (NYSE:XUE), and raised
price target from $12 to $13. Robert W. Baird maintained Neutral rating on Xueda
Education Group (NYSE:XUE), and raised price target from $11 to $12.