Best China Stocks 2011 - Stocks to Buy - Chinese Stocks -  Sina Corp. (SINA) - Sina Corp. (SINA) is the Chinese version of Twitter and is currently trading at $72 as we head into the 4th quarter of 2011.  SINA.com offers free interest-based channels that provide region-focused format and content, including news, sports, automobile-related news, finance, entertainment, luxury, technology, digital, tools, collectibles, video, music, and wireless application protocol, as well as interactive platform for fashion-conscious users to share comments and ideas on a range of topics, such as health, cosmetics, and beauty. The company's microblogging platform, Weibo.com, enables its users to follow the hottest topics being discussed online, as well as discussions related to people they know. Weibo accounts consist of celebrities, commercial enterprises, government entities, and grass root Internet users.

SINA stock recently dropped hard as it appears China is slowing down and Wall St is selling all stocks across the board.  High beta chinese stocks have been dropping left and right which sets up for a powerful rally in 2012.  I would buy SINA stock in 2012 below $70 if I got the chance.  If SINA breaks $66, we could be looking at a retest of $55-$60.  However, I am giving SINA a price target of $98 in 2012 which represents a 40% gain from the current price.  SINA is definitely one of my top china stocks to watch in 2012.

SINA support & resistance levels to watch in 2012 - Resistance - $115, $128.17, $147.12  - Support - $66, $56.25 

Top China Stocks 2011 - Baidu.com (BIDU) - Baidu.com (BIDU) is the chinese Google and is the leading search engine in China.  BIDU stock is currently trading at $105 and has a $160 price target for 2012.  Baidu, Inc. provides Chinese and Japanese language Internet search services. Its search services enable users to find relevant information online, including Web pages, news, images, multimedia files, and blogs through the links provided on its Websites. The company also offers online community-based products and entertainment platforms; an instant messaging service; and a consumer-oriented e-commerce platform.

BIDU is a top china stock pick but you have to be a little careful due to regulation by the Chinese Government.  BIDU stock becomes a strong buy if the stock drops below $80 in 2012.