Five 'new breed' Chinese stocks profiting from transformation

China has had a mixed few years, but with economic growth back on track and the stock market once again climbing, where should investors be looking for opportunities?

Ignis' Chinese equity fund manager Diamond Lee has highlighted a number of stocks in the region benefiting from the country's move to become more Westernised The manager of the group's International China fund - who has outperformed the IMA index this year with a gain of 20.7% compared to a sector average return of 12.7% - said some winners are emerging from the Westernisation trend, and he expects them to keep winning as Chinese reform continues apace. He said this ‘new breed' of companies is starting to emerge in China as the country transitions towards a free-market economy. "Th...