What Are Top China Small Cap Picks For 2011?

China Growth Stocks (CGS) board on Investor Hub has put together its annual Emerging China Small Cap (ECSC) Index Top 10 List, based on contributions from its 1,000 followers.

Traders were asked to list their personal top 10 China Growth Stock picks for next 12 months.

The top 10 list for 2011 ranked in order of votes:

1. China MediaExpress Holdings (CCME)

2. Universal Travel Group (UTA)

3. China North East Petroleum (NEP)

4. Longwei Petroleum (LPH)

5. China Ceramics (CCCL)

6. ZST Digital Networks (ZSTN)

7. Yongye International (YONG)

8. China Redstone Group (CGPI.OB)

9. Biostar Pharmaceutic (BSPM)

10. Asia Entertainment and Resources (AERL)

CGS traders aren't alone buying up CCME and UTA because of their undervaluation with hopes of big gains ahead.

CCME and UTA CFOs have been bullish in recent insider open market buys.

On Dec. 8, UTA’s CFO Jing Xie bought 39,850 shares of UTA at $6.20 valued at $247,070. One day later, CCME’s CFO Jacky Lam bought 1,000,000 shares of CCME at $15.00 valued at $1,500,000.

Source - Seeking Alpha