Analyst Actions on Chinese Stocks: ACH, ADY, CAAS, CFSG, CHA, CHBT, CHINA, CHL ... (Aug 10, 2010)

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

Daiwa reiterated Underperform rating on Aluminum Corp. of China Limited (NYSE:ACH), and cut price target from HK$8.00 to HK$6.25 on the company's Hong Kong-listed shares. Roth Capital Partners downgraded American Dairy, Inc. (NYSE:ADY) from Buy to Hold, and reduced price target from $20 to $8.50. Brean Murray maintained Buy rating and $25 price target on China Automotive Systems, Inc. (NASDAQ:CAAS). Maxim Group maintained Buy rating and $24 price target on China Automotive Systems, Inc. (NASDAQ:CAAS). Roth Capital Partners maintained Hold rating on China Fire & Security Group, Inc. (NASDAQ:CFSG), and cut price target from $13.50 to $9.50. Tai Fook upgraded China Telecom Corporation Limited (NYSE:CHA) to Buy, with HK$4.60 price target on the company's Hong Kong-listed shares. Maxim Group reiterated Buy rating and $24 price target on China-Biotics Inc. (NASDAQ:CHBT). Janney Montgomery Scott reiterated Neutral rating and $2.50 fair value on CDC Corporation (NASDAQ:CHINA). Tai Fook upgraded China Mobile Ltd. (NYSE:CHL) to Buy, with HK$90 price target on the company's Hong Kong-listed shares. Tai Fook maintained Hold rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and raised price target from HK$8.90 to HK$9.80 on the company's Hong Kong-listed shares. Deutsche Bank maintained Hold rating and $40 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Citigroup maintained Buy rating and $47 price target on Ctrip.com International, Ltd. (NASDAQ:CTRP). Bank of America maintained Buy rating on Ctrip.com International, Ltd. (NASDAQ:CTRP), and raised price objective from $45 to $48. Citigroup maintained Hold rating on Giant Interactive Group Inc (NYSE:GA), and cut price target from $8.00 to $7.80. UBS maintained Buy rating on Giant Interactive Group Inc (NYSE:GA), and cut price target from $9.0 to $8.2. Bank of America maintained Underperform rating on Giant Interactive Group Inc (NYSE:GA), and cut price objective from $7.8 to $6.8. Piper Jaffray maintained Overweight rating and $20 price target on Zhongpin Inc. (NASDAQ:HOGS). Roth Capital Partners maintained Buy rating and $18 price target on Zhongpin Inc. (NASDAQ:HOGS). Daiwa reiterated Buy rating on Hollysys Automation Technologies Ltd (NASDAQ:HOLI), and maintained $12.05 price target. Roth Capital Partners reiterated Buy rating on Harbin Electric, Inc. (NASDAQ:HRBN), and maintained $33 price target. William Blair maintained Outperform rating on Harbin Electric, Inc. (NASDAQ:HRBN). Goldman Sachs reiterated Buy rating and $7.5 price target on JA Solar Holdings Co., Ltd. (NASDAQ:JASO). Gabelli & Company terminated coverage of LDK Solar Co., Ltd. (NYSE:LDK). Roth Capital Partners reitearted Buy rating on LJ International, Inc. (NASDAQ:JADE), and cut price target from $7.20 to $7. JPMorgan maintained Overweight rating on Mindray Medical International Limited (NYSE:MR), and raised price target from $43 to $44. UBS maintained Buy rating on Mindray Medical International Limited (NYSE:MR), and cut price target from $43.20 to $40.50. Cowen and Company reiterated Outperform rating on NetEase.com, Inc. (NASDAQ:NTES). China International Capital Corporation reiterated Accumulate rating on Sinopec Shanghai Petrochemical Co. (NYSE:SHI), and raised price target to HK$4 on the company's Hong Kong-listed shares. Barclays Capital maintained Equal Weight rating on ReneSola Ltd. (NYSE:SOL), and raised price target from $9 to $10. Gabelli & Company terminated coverage of Suntech Power Holdings Co., Ltd. (NYSE:STP). Gabelli & Company terminated coverage of Trina Solar Limited (NYSE:TSL). Brean Murray maintained Buy rating and $17 price target on Tri-Tech Holding, Inc. (NASDAQ:TRIT). Maxim Group maintained Buy rating and $14 price target on Wonder Auto Technology, Inc. (NASDAQ:WATG). Roth Capital Partners maintained Buy rating and $10 price target on Winner Medical Group, Inc (NASDAQ:WWIN).