Analyst Actions on Chinese Stocks: CAGC, CEA, CEO, CHC, CJJD, CMED, CPC, COGO ... (Aug 16, 2010)

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

Brean Murray maintained Buy rating and $16 price target on China Agritech Inc. (NASDAQ:CAGC). Credit Suisse maintained Underperform rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA), and raised price target from HK$1.80 to HK$2.20 on the company's Hong Kong-listed shares. Goldman Sachs maintained Buy rating and $196 price target on CNOOC Limited (NYSE:CEO). Morgan Joseph reiterated Buy rating and $15 price target on China Hydroelectric Corporation (NYSE:CHC). Rodman & Renshaw reiterated Market Outperform rating and $8 price target on China Jo Jo Drugstores Inc (NASDAQ:CJJD). Morgan Stanley maintained Equal-weight rating on China Medical Technologies, Inc. (NASDAQ:CMED). Credit Suisse maintained Outperform rating on Chemspec International Ltd (NYSE:CPC), and cut price target from $9.25 to $9.10. Citigroup maintained Buy rating and $8.20 price target on Chemspec International Ltd (NYSE:CPC). Ticonderoga Securities maintained Buy rating and $10.50 price target on Cogo Group, Inc. (NASDAQ:COGO). Roth Capital Partners maintained Buy rating on China Ritar Power Corp. (NASDAQ:CRTP), and cut price target from $6.50 to $6.00. Oppenheimer & Co. reaffirmed Outperform rating on City Telecom (H.K.) Limited (NASDAQ:CTEL), and maintained $18 price target. Kim Eng Securities maintained Buy rating on Huaneng Power International, Inc. (NYSE:HNP), with new price target of HK$5.3 on the company's Hong Kong-listed shares. RBS maintained Buy rating and HK$39.10 price target on the Hong Kong-listed shares of China Life Insurance Company Ltd. (NYSE:LFC). Kaufman Brothers reaffirmed Buy rating and $45 price target on Longtop Financial Technologies Limited (NYSE:LFT). Citigroup maintained Buy rating and $4.95 price target on Melco Crown Entertainment Ltd (NASDAQ:MPEL). Morgan Stanley maintained Equal-weight rating on Melco Crown Entertainment Ltd (NASDAQ:MPEL). Citigroup maintained Buy rating and $36 price target on Mindray Medical International Limited (NYSE:MR). Goldman Sachs maintained Sell rating and $79 price target on PetroChina Company Limited (NYSE:PTR). ThinkEquity downgraded Perfect World Co., Ltd. (NASDAQ:PWRD) from Buy to Hold, and cut price target from $30 to $27. Roth Capital Partners maintained Buy rating and $7.50 price target on QKL Stores Inc (NASDAQ:QKLS). Standard Chartered maintained Outperform rating and HK$8 price target on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP). Goldman Sachs maintained Neutral rating and $83 on China Petroleum & Chemical Corp. (NYSE:SNP). Piper Jaffray reiterated Overweight rating and $9 price target on Sinovac Biotech Ltd. (NASDAQ:SVA). Roth Capital Partners maintained Buy rating on Telestone Technologies Corporation (NASDAQ:TSTC), and reduced price target from $20 to $15. Brean Murray maintained Buy rating and $17 price target on Tri-Tech Holding, Inc. (NASDAQ:TRIT). Piper Jaffray maintained Overweight rating and $16 price target on Tri-Tech Holding, Inc. (NASDAQ:TRIT). JPMorgan maintained Overweight rating and $25 price target on VanceInfo Technologies Inc. (NYSE:VIT). Kaufman Brothers reaffirmed Buy rating and $26 price target on VanceInfo Technologies Inc. (NYSE:VIT). JPMorgan resumed coverage of WuXi PharmaTech (Cayman) Inc. (NYSE:WX) with Neutral rating and $16 price target. Brean Murray maintained Buy rating and $14 price target on Yongye International, Inc. (NASDAQ:YONG). Credit Suisse maintained Underperform rating on China Southern Airlines Limited (NYSE:ZNH), and raised price target from HK$2.68 to HK$3.00 on the company's Hong Kong-listed shares.