Industrial, materials and consumer discretionary companies with exposure to China stand to benefit from stimulus.

Jon Smith notes all of the commotion regarding China and explains why he feels the stock market over there could be ripe for future gains.

Chinese equities on Monday posted their single best day since the 2008 global financial crisis as investors raised their bets on increased momentum from a stimulus package promised by Beijing. China’s blue-chip CSI 300 index of Shanghai- and Shenzhen-listed companies soared 8.