Chinese Rocket Stocks

The world is turning to China to solve its financial crisis, and these Chinese stocks are going higher.
Author:
Publish date:

Updated from 12:26 p.m. EDT

China's largest stock exchange, the Hang Seng Index, has risen about 30% from its March 9 bottom of 11,344.58. This compares with a 19% rise for the

Dow Jones Industrial Average

and a 25% rise for the

S&P 500

.

Simply put, the Chinese government, led by Premier Wen Jiabao, has authorized market-friendly stimulus and financial packages with the goal of restoring economic and, more important, political confidence. So far it's worked.

With daily traders right trying to game

Baidu.com

(BIDU) - Get Report

, focus on the smaller, cash-rich Chinese companies that have competitive and operational advantages over their competitors. The world is turning to China to solve its financial crisis, and these Chinese stocks are going higher.

To read more about Chinese stocks that could surge higher, including

Sohu.com

(SOHU) - Get Report

and

Ctrip.com

(CTRP) - Get Report

,

visit Stockpickr.com

.

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