If you’re looking for an economy growing with the fury of a fire-breathing dragon, then look no further than China. The country really is the economic hotspot on the globe.
A recent Goldman Sachs report estimated that China’s GDP growth will exceed its previous estimate of 8% this year. China also recently passed the U.S. as the world’s largest auto market for the first half of 2009.
In what I think is a very revealing statistic, I just read that the number of U.S. companies in Fortune‘s Top 500 companies in the world fell to only 140, which is the lowest ever, while China now has 37 companies, including 9 new entries.
I think it’s fair to say that China is the new land of opportunity when it comes to economic growth. But how can the individual investor hitch a saddle to this fire-breathing dragon?
Top 5 China Stocks 2012:China Unicom (Hong Kong) Ltd (CHU)
China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of GSM and WCDMA cellular, and related telecommunications services in the People's Republic of China.. The company offers cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, information communications technology services, business and data communications services, and domestic and international long distance and related services. Its 3G services include mobile Internet, mobile music, mobile TV, video handsets, mobile newspapers, and 3G data cards. As of December 31, 2010, the company served approximately 153.366 million GSM subscribers, 47.224 million fixed-line broadband subscribers, and 96.635 million local access subscribers in 31 provinces, municipalities, and autonomous regions in Mainland China. It also offers its services in the United States, Japan, and the United Kingdom. China Unicom (Hong Kong) Limited was founded in 2000. The company is based in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Unicom (Hong Kong) Limited is a subsidiary of China United Network Communications Group Company Limited.Top 5 China Stocks 2012:Mindray Medical International Limited (MR)
Mindray Medical International Limited, through its subsidiary, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., develops, manufactures, and markets medical devices worldwide. It operates in three segments: Patient Monitoring and Life Support Products, In-Vitro Diagnostic Products, and Medical Imaging Systems. The Patient Monitoring and Life Support Products segment offers patient monitoring devices that track the physiological parameters of patients, such as heart rate, blood pressure, respiration, and temperature. This segment?s patient monitoring devices are suitable for adult, pediatric, and neonatal patients and are used principally in hospital intensive care units, operating rooms, and emergency rooms. This segment provides single and multiple-parameter monitors, mobile and portable multifunction monitors, central stations that could collect and display multiple patient data on a single screen, and an electro-cardiogram monitoring device; veterinary monitoring devices; and anesthesia machines, as well as defibrillators, surgical beds, and surgical lights. The In-Vitro Diagnostic Products segment offers data and analysis on blood, urine, and other bodily fluid samples for clinical diagnosis and treatment. This segment also provides semi-automated and fully-automated in-vitro diagnostic products for laboratories, clinics, and hospitals. In addition, this segment offers hematology analyzers and biochemistry analyzers, and reagents. The Medical Imaging Systems segment provides ultrasound systems, which are employed in medical fields consisting of urology, gynecology, obstetrics, and cardiology; digital radiography systems; and a magnetic resonance imaging system. The company serves distributors, original design manufacturers, original equipment manufacturers, and hospitals and government agencies. Mindray Medical International Limited was founded in 1991 and is headquartered in Shenzhen, the People?s Republic of China.Top 5 China Stocks 2012:General Steel Holdings Inc. (GSI)
General Steel Holdings, Inc., through its subsidiaries, engages in the manufacture and sale of steel products in the People's Republic of China. It offers hot-rolled carbon and silicon steel sheets primarily for use in the production of small agricultural vehicles and other specialty markets; spiral-weld pipes for the energy sector primarily to transport oil and steam; and high-speed wire and reinforced bar products for the construction industry. The company sells its products primarily to distributors. General Steel Holdings, Inc. was founded in 1988 and is headquartered in Beijing, the People?s Republic of China.Top 5 China Stocks 2012:HSBC Holdings plc (HBC)
HSBC Holdings plc provides various banking and financial products and services. Its Personal Financial Services group offers current and savings accounts, mortgages and personal loans, credit and debit cards, and payment services; wealth management services comprising insurance and investment products, and financial planning services; and consumer finance. The company?s Commercial Banking group provides overdrafts, receivables finance, term and syndicated loans, acquisition and project finance, and asset finance; payments and cash management services, including payments and collections, liquidity management, and account services; international trade products and services, such as export finance, guarantees, documentary collections, and forfeiting; and treasury services comprising foreign exchange, derivatives, and structured products. This group also offers capital markets and advisory services; commercial cards; insurance products; and online and telephone banking services. The company?s Global Banking and Markets group provides treasury and capital markets services comprising foreign exchange; currency, interest rate, bond, credit, equity, and other derivatives; government and non-government fixed income and money market instruments; precious metals and exchange-traded futures; equity services; capital markets instruments; and securities services, including custody and clearing services, and funds administration. This group also provides financing, advisory, and transaction services; and asset management services to government, corporate and institutional clients, and private investors. Its Global Private Banking group provides private banking, wealth management, and wealth solutions to high net worth individuals. HSBC operates through a network of approximately 7,500 offices in 87 countries and territories worldwide. The company was founded in 1865 and is headquartered in London, the United Kingdom.Top 5 China Stocks 2012:Huaneng Power Intl (HNP)
Huaneng Power International Inc., an independent power producer, engages in the generation and sale of electric power to the regional or provincial grid companies in the People's Republic of China. It involves in the investment, construction, operation, and management of power plants in China and Singapore. As of March 31, 2011, the company had controlling generating capacity of 54,402 megawatts, and a total generating capacity of 50,935 megawatts on an equity basis. Huaneng Power International Inc. was founded in 1994 and is headquartered in Beijing, the People?s Republic of China.Related Articles:Trinity Industries Beats Estimates on Top and Bottom Lines
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