China !

Mainland China’s primary stockmarkets more than doubled in valuel ast year, fueled by a burst of cash from newly affluent Chinese investors, continued robust economic growth, buoyant exports, a flurry of gigantic IPOs, and increased dual listings of stocks on both foreign and local exchanges. Indeed, the ShanghaiComposite index skyrocketed 130%last year. The financial sector in particular which includes China Life Insurance (LFC, 45), now one of the world’s largest insurers.Some Chinese stocks to consider:

China Mobile/CHL
Cnooc/CEO
Focus Media/FMCN
Huaneng Power /HNP
KongZhong/KONG

As usual, there is one question: Have Chinese equities risen too far too fast? Maybe it's a momentum only, in the long run I see it much higher!