HSBC lowered shares of Zhongsheng Group ( OTCMKTS:ZSHGY – Free Report ) from a buy rating to a hold rating in a report released on Thursday morning, FlyOnTheWall reports. Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. cut shares of Zhongsheng Group from an overweight rating to a neutral rating in a research report on Thursday, July 20th. The Goldman Sachs Group cut shares of Zhongsheng Group from a conviction-buy rating to a neutral rating in a research report on Monday, July 24th.

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