Analyst Actions on Chinese Stocks: BIDU, BORN, CHA, CHL, CHU, CYOU, JST, SOHU, YONG (Jul 23, 2010)

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

CLSA maintained Buy rating on Baidu, Inc. (NASDAQ:BIDU), and raised price target from $82 to $96. UBS upgraded Baidu, Inc. (NASDAQ:BIDU) from Neutral to Buy, and raised price target from $69 to $92. Piper Jaffray initiated coverage of China New Borun Corp (NYSE:BORN) with Overweight rating and $7.4 price target. Citigroup maintained Hold rating on China Telecom Corporation Limited (NYSE:CHA), with HK$4 price target on the company's Hong Kong-listed shares. Daiwa maintained Outperform rating on China Telecom Corporation Limited (NYSE:CHA). Nomura Securities maintained Buy rating and HK$91 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Citigroup maintained Buy rating on China Mobile Ltd. (NYSE:CHL), and cut price target from HK$94 to HK$92 on the company's Hong Kong-listed shares. RBS maintained Buy rating and HK$13 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Citigroup downgraded China Unicom (Hong Kong) Limited (NYSE:CHU) from Hold to Sell, and cut price target from HK$10.1 to HK$9.5 on the company's Hong Kong-listed shares. Auriga USA maintained Hold rating on Changyou.com Limited (NASDAQ:CYOU), and cut price target from $32 to $29. Roth Capital Partners maintained Buy rating on Jinpan International Limited (NASDAQ:JST), and cut price target from $27 to $18. Auriga USA maintained Hold rating on Sohu.com Inc. (NASDAQ:SOHU), and cut price target from $55 to $44. Brean Murray maintained Buy rating and $14 price target on Yongye International, Inc. (NASDAQ:YONG).