RBC Capital Markets maintained Outperform rating and $95 price target on Baidu, Inc. (NASDAQ:BIDU). Auriga USA maintained Hold rating and $79 price target on Baidu, Inc. (NASDAQ:BIDU). Pacific Crest Securities maintained Outperform rating and $80 price target on Baidu, Inc. (NASDAQ:BIDU). RBS maintained Buy rating and HK$13 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Piper Jaffray upgraded CNinsure Inc. (NASDAQ:CISG) from Neutral to Overweight, and maintained $29 price target. Nomura Securities downgraded New Oriental Education & Tech. Group Inc (NYSE:EDU) from Buy to Neutral, and raised price target from $87 to $101. Deutsche Bank maintained Buy rating on New Oriental Education & Tech. Group Inc (NYSE:EDU), and raised price target from $90 to $116. Credit Suisse maintained Neutral rating on New Oriental Education & Tech. Group Inc (NYSE:EDU), and raised price target from $76.80 to $81.00. Lazard Capital Markets maintained Buy rating and $21 price target on E-House (China) Holdings Limited (NYSE:EJ). RBS initiated coverage of China Life Insurance Company Ltd. (NYSE:LFC) with Buy rating and HK$39.10 price target on the company's Hong Kong-listed shares. Global Hunter Securities initiated coverage of QKL Stores Inc (NASDAQ:QKLS) with Buy rating and $7 price target. Daiwa maintained Underperform rating on Semiconductor Manufacturing Int'l (NYSE:SMI), and cut price target from HK$0.65 to HK$0.48 on the company's Hong Kong-listed shares. Mirae Asset Securities maintained Buy rating on Sohu.com Inc. (NASDAQ:SOHU), and reduced price target from $56 to $54. Lazard Capital Markets reiterated Buy rating and $16 price target on Seaspan Corporation (NYSE:SSW). Roth Capital Partners maintained Buy rating and $20 price target on Telestone Technologies Corporation (NASDAQ:TSTC). Oppenheimer & Co. maintained Perform rating on VisionChina Media Inc (NASDAQ:VISN). Roth Capital Partners reiterated Buy rating and $13 price target on Yuhe International, Inc (NASDAQ:YUII).Tuesday, July 20, 2010
Analyst Actions on Chinese Stocks: BIDU, CHU, CISG, EDU, EJ, LFC, QKLS, SMI ... (Jul 20, 2010)
RBC Capital Markets maintained Outperform rating and $95 price target on Baidu, Inc. (NASDAQ:BIDU). Auriga USA maintained Hold rating and $79 price target on Baidu, Inc. (NASDAQ:BIDU). Pacific Crest Securities maintained Outperform rating and $80 price target on Baidu, Inc. (NASDAQ:BIDU). RBS maintained Buy rating and HK$13 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Piper Jaffray upgraded CNinsure Inc. (NASDAQ:CISG) from Neutral to Overweight, and maintained $29 price target. Nomura Securities downgraded New Oriental Education & Tech. Group Inc (NYSE:EDU) from Buy to Neutral, and raised price target from $87 to $101. Deutsche Bank maintained Buy rating on New Oriental Education & Tech. Group Inc (NYSE:EDU), and raised price target from $90 to $116. Credit Suisse maintained Neutral rating on New Oriental Education & Tech. Group Inc (NYSE:EDU), and raised price target from $76.80 to $81.00. Lazard Capital Markets maintained Buy rating and $21 price target on E-House (China) Holdings Limited (NYSE:EJ). RBS initiated coverage of China Life Insurance Company Ltd. (NYSE:LFC) with Buy rating and HK$39.10 price target on the company's Hong Kong-listed shares. Global Hunter Securities initiated coverage of QKL Stores Inc (NASDAQ:QKLS) with Buy rating and $7 price target. Daiwa maintained Underperform rating on Semiconductor Manufacturing Int'l (NYSE:SMI), and cut price target from HK$0.65 to HK$0.48 on the company's Hong Kong-listed shares. Mirae Asset Securities maintained Buy rating on Sohu.com Inc. (NASDAQ:SOHU), and reduced price target from $56 to $54. Lazard Capital Markets reiterated Buy rating and $16 price target on Seaspan Corporation (NYSE:SSW). Roth Capital Partners maintained Buy rating and $20 price target on Telestone Technologies Corporation (NASDAQ:TSTC). Oppenheimer & Co. maintained Perform rating on VisionChina Media Inc (NASDAQ:VISN). Roth Capital Partners reiterated Buy rating and $13 price target on Yuhe International, Inc (NASDAQ:YUII).
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