February 3, 2012 (Chinavestor) Investors like stocks that have strong technical readings, e.i. are trading above their 50-DMA and 200-DMA at the same time. Here we listed those China stocks that have a market cap above $1 billion and meet this basic technical criteria. Note: all major Chinese energy stocks are on the list such as CNOOC Ltd. (NYSE:CEO), Petrochina Co. Ltd. (NYSE:PTR) and Sinopec (NYSE:SNP). We highlighted the sector earlier in our Newsletters.
China Life Insurance (NYSE:LFC) is another good stock to keep an eye on, along with NetEase.com (NASDAQ:NTES) among others.
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