Reading Time: < 1 minute The following picture was taken at Barbela, a popular Pizza place in Shanghai. One nice feature of Barbela is they offer the same quality food as Pizza Hut, but at half the price. No wonder people will form a long wait line at Barbela during weekends. As you may know, Pizza Hut was (and still is)
Reading Time: 2 minutes I’m sorry being a flip-flopper here, because I was bullish on its stock until last Thursday. But like many things in life, I think sometimes it’s worthwhile to have a second look, this is especially true on investment. It’s no good to hold on a stock “no matter what”, or “fall in love with a stock or a company”,
Reading Time: < 1 minute I heard about this thing first from reading Home Inns’ IPO prospectus. Don’t know how big a deal it is. But it was ineresting to see Home Inns’ (Rujia) being mentioned again in this list. I did not see the Jinjiang (2006.HK) being mentioned here, a bit surprised. Think that as a “best hotel” award, if
Reading Time: < 1 minute When I was in Shanghai in March, I watched a special program on China-CBN (Di Yi Cai Jing) talking about “school for migrant workers’ kids”. Not surprisringly, the schools’ condition usually are much inferior to same level schools attended by “city kids”. The Shanghai Municipal Goverment gave 60 m Yuan this year for the “migrant kids’ school”. This is
Reading Time: < 1 minute This is a part of the deals reached during Ms. Wu Yi and Mr. Paulson’s talk today. Here is an excerpt from MSN. “Under the agreement announced Wednesday, starting this year, U.S. carriers will be able to operate 13 new daily flights to China within five years. One new flight will be awarded this year and
Reading Time: < 1 minute His name is “Dai Tou Da Ge”, here is his blog at Netease (163.com). According to many sources, his blog was more popular than Ms. Xu Jinglei’s blog at Sina, although he only blogged for three months. Not surprisingly his topic is Stock Market. I read his first page, interestingly everyday he started first sentence
Reading Time: 2 minutes Here are the results. I listened to Home Inns Q1 conference call (see the scripts here). Some of the positives: 1) Revenue growth 65% Year over Year. Profit did not follow because of foreign change loss, tax expense and share based compensation. Note the foreign exchange loss won’t be one time as they continue moving the IPO
Reading Time: < 1 minute I really don’t want to talk this stock any more. But thought I may shed some light on this company’ new controversy, here is an article from market watch. To put long words short, Xinhua Finance Media Limited, failed to mention its CFO was under SEC investigation in its IPO prospectus. I don’t know legal side of the things, it
Reading Time: < 1 minute Since I am on this topic, let me put up some sites may be helpful to Haigui or expatriates. Note I still think for ordinary person like me, doing a software engineer job in the US is usually easier than doing similar things in China, unless you are in Silicon Valley. But one can argue China has more opportunites (career/business).
Reading Time: 2 minutes One thing I noticed during China trip is it’s difficult for college graduates to find a decent paid job. This applies to the graduate student too. I don’t have statistics but this is what I heard from friends, relatives, and the media. This reminds me a similar trend in the US, in recent years college graduates here
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