Five Top Chinese Pharma Plays

5. When you have the best picking conditions, you need to pick with both hands.

The window of best-picking opportunity is never open very long. In the past year, I have come to prefer speculation when I believe stocks have little downside. In matters financial I'll always pay nothing for something and am willing to work my way up from there. That makes anything close to zero and that is profitable worth looking at. For China Yongxin Pharmaceuticals(CYXN.OB Quote) I run my calculations ultra conservatively on 61 million shares. Even still, you have a growing company priced for bankruptcy. Delicious.

There are several other cheap Chinese pharmaceutical plays out there. Remember when investing that diversification is protection against what you don't know and for some people that's quite a lot.

I hope you enjoyed my series on investing in China. I'd like to say that I firmly believe this series will catch more publicity as the stocks mentioned throughout it appreciate in price over the next couple of years. But for now know that these companies are all growing at significantly higher rates than anything you can find in the U.S. and at less than one third the price. Brilliant!