Editor's note. This is the fifth part of a series. Here is Part 1, Part 2, Part 3 and Part 4.

By Zack Buckley and Glen Bradford

We believe that if you are planning on buying stocks by shooting fish in a barrel, the best barrel is U.S.-listed Chinese small-caps. Go get you're gun. It's been hunting season for more than a year. You really can't miss.

Sino Agro Foods (SIAF.PK): "Chinese agriculture is another thing I think is going to boom because it's such a wreck," said Jim Rogers. I agree with Jim wholeheartedly, and Sino Agro Foods is one of the companies taking advantage of the boom in agriculture in China. Based on its 2010 guidance, the company is trading at a forward price-to-earnings ratio of 4, which gives the company a very attractive valuation if it's able to meet its guidance.

China Linen Textile Industry Ltd. ( CTXIF) produces more than 50 types of linen yarn and 110 varieties of linen fabric and products. We would argue that it would produce significant profits for current holders of its common shares. For a company that is arguably growing faster than 20%, the current pricing suggests no growth, and the way to bet against the antagonists is to purchase. Go ahead, you can do it.

China Yongxin Pharmaceuticals ( CYXN) just recently released 2009 results of 15 cents a share, not bad for a company trading around 60 cents. This is a pharmaceutical company that is expanding its retail drug stores; it expects to open 28 new stores in 2010. It also just recently appointed four independent board members, which suggests an uplisting is in the company's future. Our favorite.

China Rutai International Holdings ( CRUI) develops cellulose ether and is trading at a P/E of less than 5. Cellulose ether is used in the pharmaceutical, construction, food and beverage, petroleum and cosmetics industries. If the company is able to sustain its numbers it's cheap.

China Advanced Construction Materials ( CADC) produces concrete materials in China. The company should be able to capitalize on the growth of the construction industry in China, which is benefiting from recent infrastructure investments by the Chinese government. The company's expansion plans consist of adding portable stations in 2010 and 2011, acquiring smaller similar companies and adding new products.

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