Seven Hot Chinese Stocks

Vice President Xi Jinping of China meets with President Obama on Tuesday at the White House in an effort to enhance trust between the two countries. And here is a quick look at some Chinese stocks that have risen between 15% and 25% year to date. They all are traded on U.S. exchanges, and each pays a dividend, as well. Aluminum Corporation of China ACH is up more than 24% year to date, including up more than 14% in the past month. Factors driving aluminum prices lower, such as oversupply and economic weakness, have begun to abate. The Beijing company's long-term EPS growth forecast is 46.2%. The market cap is $7.3 billion and the dividend yield is 0.7%. Over the past six months, the stock has underperformed Alcoa AA but outperformed Alumina AWC. Huaneng Power International HNP is trading near a 52-week high and is more almost 21% higher than at the beginning of the year. Last week, this electric utility received approval of People's Republic authorities for a coal terminal. The Beijing-based company has a market cap of $8.9 billion and its dividend yield is 4.8%. The forward earnings multiple is less than the industry average P/E. And over the past six months, the stock has outperformed peer Korea Electric Power KEP. Mindray Medical International MR shares are trading more than 15% higher year to date and about 5% below the 52-week high. The Shenzhen-based medical device maker recently said it plans to launch 7 to 10 new products for 2012. It has a dividend yield of 1.0%, the long-term EPS growth forecast is 14.2% and the operating margin is better than the industry average. Over the past six months, the stock has outperformed competitors Baxter BAX and Covidien COV. See also: How to Profit from Surging Chinese Prices PetroChina PTR shares are trading up more than 20% year to date despite a pullback late last week. Also last week, the energy giant reached a deal to acquire some assets from Royal Dutch Shell RDS. PetroChina has a market cap of $274.1 billion and the dividend yield is 3.6%. Its P/E ratio is in line with the industry average. Over the past six months, the stock has outperformed competitors Chevron CVX and Royal Dutch Shell. Sinopec Shanghai Petrochemical SHI is trading about 21% higher year to date but still down more than 29% from a year ago. The stock rose above its 200-day moving average last week for the first time since last May. The operating margin is higher than the industry average and the P/E ratio is less than the industry average. The $2.9 billion market cap company has a dividend yield of 3.9%. But the stock has underperformed larger competitor PetroChina over the past six months. SouFun Holdings SFUN rose more than 23% year to date, but the share price is about the same as a year ago. The company operates an internet portal dedicated to real estate. EPS are forecast to show a 44.4% gain for 2011, Soufun's sixth-straight year of profit improvement. The dividend yield is 11.1% and the market cap is $5.4 billion. The long-range EPS growth forecast is 36.7%. Over the past six months, the stock has outperformed competitor Sohu.com SOHU. Yanzhou Coal Mining YZC shares are trading more than 16% higher year to date. The Zoucheng-based company said in 2011 it would acquire Australia's Gloucester Coal. Yanzhou's dividend yield is 3.7%, the market cap is $12.1 billion and the long-term EPS growth forecast is 26.4%. It has a return on equity of 33.4% and its operating margin is higher than the industry average. But the stock has underperformed BHP Billiton BHP over the past six months. See also: How to Profit from China's Plunging Imports