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China Kanghui Holdings (ADR) (KH) [hlAlert]

up 103.32 %

China Kanghui Holdings (KH) rated Outperform with price target $20 by Oppenheimer

Posted on: Tuesday,  Nov 22, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform China Kanghui Holdings (ADR) (NYSE: KH) on 11/22/2011, when the stock price was $15.05. Since
then, China Kanghui Holdings (ADR) has gained 103.32% as of 10/31/2012's recent price of $30.60.
If you would have followed this Oppenheimer's recommendation on KH, you would have gained 103.32% of your investment in 344 days.

China Kanghui Holdings is a holding company and conducts all of its business through its two wholly owned subsidiaries in China, Changzhou Kanghui Medical Innovation Co., Ltd. (Changzhou Kanghui) and Beijing Libeier. The Company is a domestic developer, manufacturer and marketer of orthopedic implants in People?s Republic of China. The Company?s orthopedic implant brands are Kanghui and Libeier. It sells two lines of orthopedic implant products, trauma and spine. Its major trauma products, used in the surgical treatment of bone fractures, include a range of nails, plates and screws. Its major spine products, used in the surgical treatment of spine disorders, include screws, meshes, interbody cages and fixation systems. On July 31, 2008, we acquired 100% of the equity interests of Beijing Libeier. On July 31, 2009, the Company established Shanghai Zhikang Medical Devices Co., Ltd. (Shanghai Zhikang), which is wholly owned by Changzhou Kanghui.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2011 8:25 AM Buy
15.05 20.00
as of 12/30/2011
1 Week down  -1.66 %
1 Month down  -3.34 %
3 Months down  -2.05 %
1 YTD down  -2.05 %

(*) Stock Price at the time of the recommendation.
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