Tuesday, December 20, 2011

Top Oversold U.S.-Listed Chinese Stocks (Dec 20, 2011)

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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the most oversold U.S.-listed Chinese stock on Dec. 20. It was down 4.5% on the day. QIHU's upside potential is 110.8% based on brokerage analysts' average target price of $34.07. It is trading at 44.6% of its 52-week high of $36.21, and 13.0% above its 52-week low of $14.30. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the second most oversold U.S.-listed Chinese stock on Dec. 20. It was down 3.2% on the day. CCSC's upside potential is 72.7% based on brokerage analysts' average target price of $12.12. It is trading at 26.1% of its 52-week high of $26.85, and 2.5% above its 52-week low of $6.85. Jiayuan.com International Ltd (NASDAQ:DATE) is the third most oversold U.S.-listed Chinese stock on Dec. 20. It was down 2.7% on the day. DATE's upside potential is 163.7% based on brokerage analysts' average target price of $15.22. It is trading at 35.8% of its 52-week high of $16.12, and 0.3% above its 52-week low of $5.75. ZHONGPIN INC. (NASDAQ:HOGS) is the fourth most oversold U.S.-listed Chinese stock on Dec. 20. It was down 2.6% on the day. HOGS's upside potential is 91.6% based on brokerage analysts' average target price of $15.92. It is trading at 39.4% of its 52-week high of $21.07, and 25.9% above its 52-week low of $6.60. TAL Education Group (ADR) (NYSE:XRS) is the fifth most oversold U.S.-listed Chinese stock on Dec. 20. It was down 0.6% on the day. XRS's upside potential is 56.0% based on brokerage analysts' average target price of $15.43. It is trading at 60.9% of its 52-week high of $16.25, and 17.6% above its 52-week low of $8.41. Renren Inc (NYSE:RENN) is the sixth most oversold U.S.-listed Chinese stock on Dec. 20. It was down 0.3% on the day. RENN's upside potential is 131.6% based on brokerage analysts' average target price of $7.62. It is trading at 13.7% of its 52-week high of $24.00, and 2.5% above its 52-week low of $3.21.



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