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Some reports out there are promoting what we have been saying: That growth is strong out there and that it is playing into names across the consumer sector.

By this point, a solid fourth quarter already seems to be already priced into shares of Macau casino operator Melco Crown Enterprises (NASDAQ:MPEL). EBITDA is up 30% in the fourth quarter, and while analysts are still behind the curve, the stock has also jumped 30% since we first alerted you to it at the end of February.

For a perhaps less sophisticated Chinese gaming experience, Netease (NASDAQ:NTES) is focusing its online game development efforts squarely at the Chinese market.

The company is exposed to massive growth opportunities — and gross margins were a whopping 81% last year — but the stock is still up only 16% since the end of February. Valuation is still reasonable. NTES is only trading at 16 times 2011 expected earnings. This one will be having the crowds calling its name soon.

Source: Are Chinese Gaming Stocks Fairly Priced?