Wednesday, November 30, 2011

Top Oversold U.S.-Listed Chinese Stocks (Nov 30, 2011)

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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the most oversold U.S.-listed Chinese stock on Nov. 30. It was down 3.2% on the day. CCSC's upside potential is 30.5% based on brokerage analysts' average target price of $12.12. It is trading at 33.3% of its 52-week high of $27.88, and 1.8% above its 52-week low of $9.13. Renren Inc (NYSE:RENN) is the second most oversold U.S.-listed Chinese stock on Nov. 30. It was down 1.9% on the day. RENN's upside potential is 105.9% based on brokerage analysts' average target price of $7.62. It is trading at 15.4% of its 52-week high of $24.00, and 9.5% above its 52-week low of $3.38. ZHONGPIN INC. (NASDAQ:HOGS) is the third most oversold U.S.-listed Chinese stock on Nov. 30. It was down 1.0% on the day. HOGS's upside potential is 69.0% based on brokerage analysts' average target price of $15.92. It is trading at 44.7% of its 52-week high of $21.07, and 42.7% above its 52-week low of $6.60. Seaspan Corporation (NYSE:SSW) is the fourth most oversold U.S.-listed Chinese stock on Nov. 30. It was down 0.7% on the day. SSW's upside potential is 71.8% based on brokerage analysts' average target price of $18.00. It is trading at 49.1% of its 52-week high of $21.33, and 2.6% above its 52-week low of $10.21.



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