Top 10 China Stocks To Invest In 2017

Deals and Financings

Asymchem Laboratories (Tianjin) (SHZ: OO2821) completed a $125 million IPO in Shenzhen. Asymchem is contract manufacturer of APIs, cGMP intermediates and finished drugs, all from its manufacturing facilities in China. Most of the proceeds will be used to build its R&D facilities and additional manufacturing facilities in Tianjin, which is also the company's headquarters.

BeyondSpring Pharma, a virtual US-China company, filed to stage a $100 million IPO on the NASDAQ exchange. The company's business plan calls for integrating US and China clinical resources, making adept use of both to reduce cost and time. The company focuses on cancer-related therapies and plans to market them in the US and China. BeyondSpring will advance plinabulin as a treatment for neutropenia, and it is also testing the molecule, alone and as an adjunct to existing therapies, as a direct acting therapeutic for several forms of cancer.

SciClone Pharmaceuticals (NASDAQ:SCLN), a San Francisco-area company that markets drugs in China, received an unsolicited $570 million acquisition offer. The offering group, which does not seem to include SciClone's management, is GL Capital Management GP Limited and ABG Management Limited. Both entities are allied with Ally Bridge Group, a Hong Kong-based VC/PE firm. The investor consortium offered $11.18 per share to acquire SciClone, which was 13% higher than the previous day's closing price. SciClone's management did not embrace the offer and didn't comment, except to say it would consider the offer carefully, pointing out that the consideration was their duty.

Top 10 China Stocks To Invest In 2017: Baidu Inc.(BIDU)

Advisors' Opinion:

• [By Vincent Ho]

  Baidu (BIDU) has made impressive gains in the last 3 months. There are some very insightful articles on SA that argue for a bullish stance based on valuations. There are other articles on SA which cover the recent acquisition of 91 Wireless. This article is different in that it offers an overview of Baidu's business model in relation to its dependence on online advertising. Understanding the direction of the internet is important to predict future revenue growth. Significantly new competition from Qihoo (QIHU) is also something Baidu has never experienced before. There are doubts if Baidu has enough tools to clean up its act and regain market share.

• [By Javier Hasse]

  The top gainers in the index were:

  Baidu Inc (ADR) (NASDAQ: BIDU), up 8.16 percent Whole Foods Market, Inc. (NASDAQ: WFM), up 5.95 percent

  The top losers in the index were:

• [By Charles Carlson, CEO and Portfolio Manager, Horizon Investment Services]

  One of my favorites is Baidu (BIDU), the Chinese search-engine company. You may recall I selected Baidu as one of my favorite turnaround stocks at the beginning of 2013.

Top 10 China Stocks To Invest In 2017: Netease.com Inc.(NTES)

Advisors' Opinion:

• [By Monica Gerson]

  NetEase Inc (ADR) (NASDAQ: NTES) is estimated to post its quarterly earnings at $14.92 per share on revenue of $7.85 billion.

  Neenah Paper, Inc. (NYSE: NP) is projected to post its quarterly earnings at $1.09 per share on revenue of $244.90 million.

Top 10 China Stocks To Invest In 2017: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:

• [By Monica Gerson]

  Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.

  Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.

Top 10 China Stocks To Invest In 2017: Euro/Yen(EJ)

Advisors' Opinion:

• [By Belinda Cao]

  E-House China Holdings Ltd. (EJ), a real estate brokerage, gained 9.2 percent to $9.70, extending it advance to a third week. Its American depositary receipts retreated 3.1 percent Sept. 20 from the highest level since May 2011.

Top 10 China Stocks To Invest In 2017: Renesola Ltd.(SOL)

Advisors' Opinion:

• [By Monica Gerson]

  Wall Street expects ReneSola Ltd. (ADR) (NYSE: SOL) to report a quarterly loss at $0.04 per share on revenue of $256.05 million. ReneSola shares gained 2.50 percent to close at $1.23 on Friday.

• [By Monica Gerson]

  ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 9.76 percent to $1.35 in pre-market trading. ReneSola reported Q1 earnings of $0.06 per share on revenue of $260.7 million.

• [By Monica Gerson]

  ReneSola Ltd. (ADR) (NYSE: SOL) is estimated to report a quarterly loss at $0.04 per share on revenue of $256.05 million.

  America's Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.

Top 10 China Stocks To Invest In 2017: Sina Corporation(SINA)

Advisors' Opinion:

• [By Monica Gerson]

  SINA Corp (NASDAQ: SINA) is projected to post a quarterly loss at $0.05 per share on revenue of $189.47 million.

  Eldorado Gold Corp (USA) (NYSE: EGO) is expected to post a quarterly loss at $0.01 per share on revenue of $188.91 million.