Reading Time: 2 minutes Last Saturday when I was reading the Shanghai Business Review magazine in a Starbucks (Hongqiao Parkson), I was a little surprised to learn there are 570,000 foreign expatraites living or working in Shanghai. Hangzhou, the scenic city near Shanghai, has 8,000. I remember in year 2003 or so, the ShanghaiExpat web site just got started
Reading Time: < 1 minute Week in review 09/16 to 09/22 0) Sept 22 is “no car day” in many Chinese cities. Individual car owners are encouraged to take public transportation. I saw some volunteers on Zhongshan park metro station. 1) According to China Capital week, 中文难倒高盛, Goldman Sachs senior executive, Malysian Chinese Richard Ong, failed the Chinese test administrated
Reading Time: 2 minutes After I got some moderate success on OPSW and GE in early 2004. I got a bit excited. If I could use one word to summerize what I did my acitivies on stocks in those two years, it’s speculation. I did all kinds of speculations, luckily I did not get into really dangerous zone: margin,
Reading Time: < 1 minute On Sept 20, 2007 ATV: up 20.10% EFUT: up 49.92% XFML: up 20.70% It seems to me the domestic investors (or speculators to be precise) can not wait the Chinese goverment offically opens the H shares to domestic investors, they already came to the US 
Reading Time: 2 minutes First a little update about the Typhoon Wilpa. Shanghai did not take the direct hit, or use my now retired boss words “we dodged another bullet”, he was referring to his condo at Florida during Hurricane season. More importantly, Shanghai suffered minimal human loss because of comprehensive preparation before the storm. More than 290,000 people
Reading Time: < 1 minute I sold Wuxi Pharma Tech (WX) this morning, at $28.81. Not surprisingly the stock continued up after I sold it. I bought it a month ago at $21.80 so I’m happy. The stock is a bit expensive at current price ($30), considering its PE (about 100), profit margin, and its 2007 est. revenue. Another thing
Reading Time: < 1 minute I normally don’t participating in stock discussion forums. But this one titled “company and stock did not connect” at Google Finance caught my attention a month ago. So I went ahead and commented: Original comment: why is the good performance of the company disconnected from the horrible performance of the stock? When a company is
Reading Time: 3 minutes I was looking for a secular growth stock in China. By secular growth I mean the business grows continously without the normal business cycle. One benifit of secular growth is it usually does not go up or down a lot as economy cycle does. A side benifit of this is we (investors) can sleep better
Reading Time: < 1 minute It is said the largest typhoon in a decade, will hit Zhejiang province and Shanghai on tomorrow evening. Heavy rain already came today.
Reading Time: < 1 minute The apartment we rent has experienced ownership change. The current owner can not resist the offer given by new owner (more than 15,000 Yuan per sqr meter), and she sold it. The apartment is about 20 years old, and near Zhongshan park. From my observations newer apartments (5 or 6 years old) in the area
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