Analyst Actions on Chinese Stocks: APWR, ASIA, CAGC, CGA, CMED, CTEL, FMCN, FUQI ... (Sep 9, 2010)

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

Raymond James maintained Outperform rating on A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR). Susquehanna Financial Group maintained Positive rating on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA), and cut price target from $34 to $26. Brean Murray reiterated Buy rating and $16 price target on China Agritech Inc. (NASDAQ:CAGC). Global Hunter Securities reiterated Buy rating and $20 price target on China Agritech Inc. (NASDAQ:CAGC). Roth Capital Partners downgraded China Green Agriculture, Inc (NYSE:CGA) from Buy to Hold, and cut price target from $15.50 to $9.00. Deutsche Bank maintained Buy rating and $16 price target on China Medical Technologies, Inc. (NASDAQ:CMED). Oppenheimer & Co. maintained Outperform rating and $18 price target on City Telecom (H.K.) Limited (NASDAQ:CTEL). Deutsche Bank maintained Buy rating and $21.70 price target on Focus Media Holding Limited (NASDAQ:FMCN). Cowen and Company downgraded Fuqi International, Inc. (NASDAQ:FUQI) from Outperform to Neutral. Citigroup maintained Hold rating on Shanda Games Limited (NASDAQ:GAME), and raised price target from $6 to $6.50. Morgan Stanley maintained Overweight rating on Shanda Games Limited (NASDAQ:GAME). Cowen and Company reiterated Neutral rating on Shanda Games Limited (NASDAQ:GAME). CLSA re-initiated coverage of Huaneng Power International, Inc. (NYSE:HNP) with Underperform rating and HK$4.4 price target on the company's Hong Kong-listed shares. RBC Capital Markets maintained Sector Perform rating on JA Solar Holdings Co., Ltd. (NASDAQ:JASO), and raised price target from $5 to $7. Global Hunter Securities reiterated Buy rating and $17 price target on Lihua International, Inc. (NYSE:LIWA). JPMorgan downgraded Melco Crown Entertainment Ltd (NASDAQ:MPEL) from Overweight to Neutral, and maintained $5 price target. UBS upgraded Melco Crown Entertainment Ltd (NASDAQ:MPEL) from Neutral to Buy, and raised price target from $5.95 to $6.05. Citigroup maintained Hold rating on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA), and cut price target from $48 to $45. Brean Murray maintained Hold rating on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA). Bank of America maintained Buy rating on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA), and cut price objective from $47 to $45. UBS maintained Buy rating and $48 price target on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA). JPMorgan maintained Neutral rating and HK$4 price target on the Hong Kong-listed shares of China Southern Airlines Limited (NYSE:ZNH). DBS Vickers maintained Buy rating and HK$4.78 price target on the Hong Kong-listed shares of China Southern Airlines Limited (NYSE:ZNH).