The American stock market might be hitting all-time highs, but smart investors are looking beyond our shores for the next big opportunity.

That's because China – the sleeping giant of the global economy – is waking up, and savvy investors are rushing in to get a piece of the action.

Over the past month, the Hang Seng Index has exploded 30% higher, making it the world’s top market performer. It's a remarkable turnaround for a market that languished for years, weighed down by pandemic lockdowns, a struggling real estate sector, and fears of slowing growth.

But China's leadership has a new game plan: aggressive stimulus, and it's already working.

As Sean Michael Cummings of Stansberry Research pointed out, China recently announced a series of fiscal measures designed to turbocharge the economy and attract foreign investors. These include cuts to reserve requirements for banks, lower mortgage rates, a massive fund for buying stocks, and incentives for new home buyers.

“Beijing's policy reversal is barely two weeks old… But it has already led to a stratospheric rally in mainland-Chinese stocks,” Cummings writes. “The move has signaled to investors that it's time to buy.”

I couldn't agree more… and that's why I'm adding three Chinese companies to my watchlist right now.

JD.com (JD): The “Amazon of China” is Ready to Deliver

With a market cap of over $200 billion, JD.com is one of China's e-commerce giants. Similar to Amazon, it controls a vast network of warehouses and delivery infrastructure, allowing it to offer same-day or next-day delivery to most of China. The company has also diversified into other areas, including healthcare, fintech, and even grocery delivery.

I see JD as a classic “picks and shovels” play on China's consumer spending resurgence. As Cummings told his readers, this is the time to “back up the truck and buy” Chinese companies. He doesn't explicitly mention JD, but given its dominance in the retail sector and its diversified business model, I have to believe it would be at the top of his shopping list.

Thermo Fisher Scientific (TMO): Cashing in on China's Healthcare Boom

Thermo Fisher is a global leader in scientific research and laboratory equipment. The company is already a major player in China and positioned to benefit from two key trends that Cummings identified: rising consumer spending and a focus on healthcare as China's population ages.

Morgan Stanley also recently named Thermo Fisher as one of its top stock picks.

As their analyst wrote: “The medical tech company is thriving, with consistent growth and strong execution. [We] are optimistic about its potential… particularly in China as stimulus kicks in.”

Taiwan Semiconductor Manufacturing Company (TSM): The World's Chipmaker Goes East

TSMC is the world’s largest contract chipmaker, and a powerhouse in the global semiconductor industry. The company manufactures chips for many top tech companies, including Apple and Nvidia. Much of TSM's revenue comes from outside China, so you might think it's a strange choice for a “China play.”

But here's the thing: China is determined to become a leader in chipmaking, and it's investing heavily in building its own domestic semiconductor industry. TSMC is going to play a critical role in this development, either by directly supplying Chinese companies with chips or through partnerships that will help China build its own chipmaking capabilities.

Morgan Stanley sees this situation as highly bullish for TSM: “We rate this semiconductor giant as a top pick… with the potential for 15-20% annual growth over the next 5 years.”

Action Plan:

Don't let the fear and uncertainty of the American election distract you from the real opportunity. China is about to stage a remarkable comeback, and these three stocks are a powerful way to profit.

Get started today, before it's too late.

Speaking of fear and uncertainty, Elon Musk's Tesla Robotaxi reveal could either ignite a massive rally in self-driving cars or send a chill through the markets. We'll take a look at what's at stake tomorrow… stay tuned.