Seymour was keen to hear Novartis (NVS) is investing $1 billion to build the largest pharmaceutical research plant in China, emphasizing the importance of developing markets for future growth. Novartis said it was also investing $250 million in a second research and development and manufacturing facility in Changshu. I like the direction Novartis is taking, adds Pete Najarian.

Seymour also has an eye on Cisco (CSCO) after learning the computer networking colossus inked a deal to buy DVN Holdings. Hong Kong based DVN is a leading maker of set-top boxes for digital cable and the acquisition bolsters Cisco’s presence in China, significantly. I’m not sure the acquisition mentioned above is a reason to own Cisco, adds Guy Adami, but their earnings release on Thursday sure is.

Seymour was jazzed to hear that Disney (DIS) is another step closer to opening a new theme park in China. Government approval came down this week allowing Shanghai -- China's biggest city -- and Disney to work on final details for the amusement park, to be located in the city's eastern Pudong district. The initial phase of the project would include a "Magic Kingdom-style theme park with characteristics tailored to the Shanghai region." Amenities will be consistent with other Disney resorts in the world. 80 million people will live within 3 hours of Disney’s Shanghai theme park, says Joe Terranova. Long-term it’s a reason to own Disney but in the near term valuations are rich.