Rodman & Renshaw Maintains China GengSheng Minerals Market Perform

Rodman & Renshaw maintained its China GengSheng Minerals CHGS Market Perform rating, after the company's announcement of a new CEO appointment, in a research report published today. In the report, Rodman & Renshaw states, "We are certainly encouraged by this announcement as the company, which hasn't had a permanent CFO for quite some time, really has an urgent need for an “official” CFO." Shares of China GengSheng Minerals were trading at $1.79 at the time of posting, down 7.25% from Wednesday's market close.