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McCain stock: A China policy pick, Lonking Holdings (CIMHF)

This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.

"I expect that if McCain gets elected he will not alter the U.S. policies toward China and therefore the country will continue to move ahead with its economic modernization plans; Lonking Holdings Limited (OTC: CIMHF) stands to benefit tremendously from this plan," says Yiannis Mostrous in his The Silk Road Investor.

"China's main focus is the improvement of the economy's infrastructure. The theme fit well what international developmental agencies have been estimating, namely that more than US$600 billion will be spent improving living conditions in Asia, home to a third of the world's population.

"China and India are at the forefront of such efforts, with Indonesia, Thailand, the Philippines and Vietnam right behind. Roads, railways, airports, power production, electricity supply, clean water and waste management are all on the to-do lists.

"China, leading the way on roads, railroads and energy, is now in the construction phase of a 30-year, 85,000 kilometer expressway project. It's also building a railway that will link China's east and west for the first time, and China and other Asian countries are in the planning stages of a trans-Asia rail link.

Continue reading McCain stock: A China policy pick, Lonking Holdings (CIMHF)

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Last updated: February 12, 2012: 09:38 AM

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