Analyst Actions on Chinese Stocks: AMCF, CDCS, CEA, CEO, CHA, CHINA, CHL, CIS ... (Aug 30, 2010)

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

Rodman & Renshaw initiated coverage of Andatee China Marine Fuel Services Corporation (NASDAQ:AMCF) with Market Outperform rating and $7 price target. JMP Securities dropped coverage of CDC Software Corp (NASDAQ:CDCS). Citigroup maintained Hold rating and HK$5 price target on the Hong Kong-listed shares of China Eastern Airlines Corp. Ltd. (NYSE:CEA). Goldman Sachs reiterated Buy rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA), and increased price target from HK$5.70 to HK$5.90 on the company's Hong Kong-listed shares. Morgan Stanley maintained Equal-weight rating and HK$3.85 price target on the Hong Kong-listed shares of China Eastern Airlines Corp. Ltd. (NYSE:CEA). Goldman Sachs reiterated Buy rating on CNOOC Limited (NYSE:CEO), with $196 price target. Kim Eng Securities maintained Buy rating on China Telecom Corporation Limited (NYSE:CHA), with HK$4.42 price target on the company's Hong Kong-listed shares. JMP Securities dropped coverage of CDC Corporation (NASDAQ:CHINA). Samsung Securities maintained Buy rating and HK$92 price target on China Mobile Ltd. (NYSE:CHL). Oppenheimer & Co. initiated coverage of Camelot Information Systems Inc (NYSE:CIS) with Outperform rating and $17 price target. Barclays Capital initiated coverage of Camelot Information Systems Inc (NYSE:CIS) with Overweight rating and $19 price target. Cowen and Company initiated coverage of Camelot Information Systems Inc (NYSE:CIS) with Outperform rating. Standard Chartered maintained Outperform rating on CNinsure Inc. (NASDAQ:CISG), and increased fair value from $29 to $34. BMO Capital Markets maintained Outperform rating and $17 price target on Deer Consumer Products, Inc. (NASDAQ:DEER). Credit Suisse reinstated coverage of Focus Media Holding Limited (NASDAQ:FMCN) with Outperform rating and $24 price target. Morgan Stanley maintained Overweight rating on China Life Insurance Company Ltd. (NYSE:LFC), and cut price target from HK$45.00 to HK$39.00 on the company's Hong Kong-listed shares. HSBC reiterated Neutral rating and HK$3.3 price target on the Hong Kong-listed shares of Sinopec Shanghai Petrochemical Co. (NYSE:SHI). Samsung Securities reiterated Buy rating and HK$3.98 price target on the Hong Kong-listed shares of Sinopec Shanghai Petrochemical Co. (NYSE:SHI). Rodman & Renshaw initiated coverage of SinoHub Inc (AMEX:SIHI) with Market OUtperform rating and $4 price target. CLSA maintained Outperform rating on China Petroleum & Chemical Corp. (NYSE:SNP), and raised price target from HK$6.70 to HK$7.10 on the company's Hong Kong-listed shares. Gleacher & Company reiterated Sell rating on Suntech Power Holdings Co., Ltd. (NYSE:STP), and maintained $7 price target.