[foreign]More China Stocks

Many China stocks have been on the slide probably due to the government's control on inflation and overheated economy. However no one should doubt about the optimism of the future of the Chinese economy. After covering some technology stocks in the previous article, let's take a look at some more China stocks that should be on the bullish cycle again.

• 51job (JOBS): the Shanghai based firm is like the Monster.com of China. The company had doubled income and almost doubled revenue with cash in hand. The technical chart shows the stock is now back to bullish cycle again.
• Ninetowns Digital World Trade Holdings Ltd. (NINE): the Beijing based enterprise software maker has almost trippled net income with increasing revenue and cash. The software firm is focusing on custom related software which is used heavily by the international trade industry, one of the biggest industry as China is one of the largest exporter and importer. This should be the stock to have if you are to invest in China stocks.
• TOM Online Inc. (TOM): the Beijing based mobile internet company has 137 million registered users as of December 2004 and will probably add a lot more in 2005. The stock is now trading at 52 week high at $21.26 per share, more than double from 52 week low of $10.78 per share. Strong revenue and income growth show why the stock is also a strong buy.
• China Energy Savings Technology Inc. (CESV): the Hong Kong based company makes energy-saving related products such as street light saver or fluorescent light saver used in buildings supermarkets, street lamps, shopping malls and more. As cities are still growing while energy saving rules are more strict with Kyoto Protocal, the company's future should have plenty of upside. See the big jump in revenue and income and you'll see why the company is poised for another big move.