Fund Managers Offer Top China Stock Picks

Thursday, 19 Apr 2007 | 4:21 PM ET
CHina Stocks
CHina Stocks

How can investors play China's phenomenal 11% growth? Christopher Smart, who manages the Pioneer Emerging Markets Fund, and Guojia Zhang, portfolio manager for the Delaware Emerging Markets Fund, gave "Street Signs" viewers their favorite Chinese stocks.

Smart told CNBC's Erin Burnett that his top pick was China Shipping Development, the "principal internal shipper of coal and oil," which is expanding internationally. Beijing plans to invest $500 billion on the country's roadways over five years -- so Smart likes China Communications Construction, which contracts to fix and expand roads and ports.

Best Bets in China
Stronger than expected growth in China Christopher Smart, Pioneer Funds director of international investments; Guojia Zhang, Delaware Funds manager and CNBC's Erin Burnett

Zhang praised China Unicom, the country's No. 2 mobile carrier, as undervalued; its "poor" distribution system is "turning around." He agreed with Smart about opportunities in Chinese infrastructure, recommending China Merchants Holding, which operates ports in areas like the fast-developing Yangtze River Delta.

  Price   Change %Change


  • Showtimes

    United States
    Monday - Friday 2:00P ET
    Monday - Friday 20:00 CET
    Tuesday - Saturday 02:00 SIN/HK
    Tuesday - Saturday 04:00 SYD
    New Zealand
    Tuesday - Saturday 06:00 NZ
  • Brian Sullivan is co-anchor of CNBC's "Street Signs."

  • Co-anchor of CNBC's "Street Signs," Amanda Drury is based at the network's global headquarters in Englewood Cliffs, N.J.