(April 10): The rally in Chinese commodity producers has further to run for at least one top stock picker. A gauge of raw materials shares on the MSCI China Index has jumped 24 percent this year, the second-best performance among 10 industry groups. Among other key points:* "Our earnings forecast for some commodities producers are 20 percent to 30 percent above market consensus," she said. * Some investors may have underestimated the strength of metals demand in China, the pace of earnings recovery for some commodities producers and perhaps how cheap some stocks are in this sector, she said. * "It will be a year when old economy shares will outperform the new economy ones," Chan said.

Source: The Edge Markets April 10, 2017 12:11 UTC