Invest in China Stocks

More and more investors are choosing to invest in China stocks to take advantage of the fastest-growing major economy in the world. Some of the larger Chinese companies are also listed in the US stock exchanges, such as the China Petroleum & Chemical Corp. (ADR) (NYSE:SNP), Huaneng Power International, Inc. (ADR) (NYSE:HNP), to name a few.

Following are some of the best China stocks to invest in:

PetroChina - It is the largest oil and gas producer and distributor, with a dominant role in the oil and gas industry in China. The American Depositary Shares (ADS) and H shares of PetroChina were listed on the New York Stock Exchange on April 6, 2000 (stock code: PTR) and the Stock Exchange of Hong Kong Limited on April 7, 2000 (stock code: 857) respectively.

China Shenhua Energy Company Limited - It is a world's leading coal-based integrated energy company. Main business includes production and sales of coal, railway and port transportation of coal-related materials, as well as power generation and sales. H shares and A shares of China Shenhua were listed respectively on the Hong Kong Stock Exchange and the Shanghai Stock Exchange in June 2005 and October 2007.

China Construction Bank Corporation (CCB) - It is a leading commercial bank in China offering a comprehensive range of commercial banking products and services. H-shares of CCB were listed on the Main Board of the Stock Exchange of Hong Kong Limited on 27 October 2005. A-shares were listed on Shanghai Stock Exchange on 25 September 2007.

China Petroleum & Chemical Corporation (referred to as "Sinopec Corp.") - It is one of the largest integrated energy and chemical company in China. As of end 2010, the Company's total number of shares were 86.7 billion, of which 75.84% were held by Sinopec Group, 19.35% were shares listed overseas and 4.81% were domestic public shares.

Industrial and Commercial Bank of China Limited (ICBC) - On 27 October 2006, it was listed on both Shanghai Stock Exchange and the Stock Exchange of Hong Kong Limited. As of 31 December 2010, the total assets of ICBC amounted to RMB 13.4586 trillion, keeping the first rank among the listed banks worldwide in terms of capitalization, profitability and customers' deposits.

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