"We're still adding to our Chinese portfolio, and expect to be doing so for some time; this is where significant opportunities exist," says Richard Schimit.

In The Stellar Stock Alert, he reviews E-House (NYSE: EJ), noting, "While American real estate is still struggling to regain its footing, Chinese real estate hasn't experienced the same breaking bubble.

"In fact, it hasn't experienced a bubble yet. But Chinese real estate is definitely gaining in value. And the companies that know the market can really profit.

"The Chinese Dragon strikes again," says small cap expert Jim Oberweis, Jr., adding, "So far in 2009, the MSCI China Index is up 30% and our Oberweis China Opportunities Fund (OBCHX) has gained 62%."

In his The Oberweis Report, he says, "China will be a great place to invest over the medium-to-long term, even if unpredictable in the short term."

Here, the advisor and money manager reveals four stocks that he considers "some of the most interesting Chinese ADRs to buy now: E-House (NYSE: EJ), Asia Info Holdings (NASDAQ: ASIA), New Oriental Education (NYSE: EDU), and Longtop Financial (NYSE: LFT).

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

China expert Paul Goodwin selects E-House Holdings (NYSE: EJ) -- the leading real-estate firm in China -- as his favorite idea for the coming year.

The editor of The Cabot China & Emerging Markets Report explains, "In 2008, housing values in China plunged, and E-House's stock price plunged right along with them." Here, he explains why this year should see improving prospects.

"E-House is the leading real-estate firm in China, and that's becoming a bigger deal these days. The massive migration from China's farms and villages to the cities put huge pressure on housing stocks and E-House's role in providing agency and brokerage services to market new housing developments gave the company a huge boost in 2007.

"On the other hand, 2008 was a different story. A slowing Chinese economy and overvaluation caused by rampant speculation had the same effect in China as it did in the U.S. Housing values plunged, and EJ's price plunged right along with them.