Reading Time: < 1 minute Found this through my friend thesunsfinancialdiary. I briefly went through their F1 prospectus. I had to admit I’m not in best position to evaluate their business: they have 5 divisions providing services from creating adverstisement to customer research. I can think of a St. Louis based privately held company called Maritz which does something similar: they organized conferences for other companies, send
Reading Time: < 1 minute Source: Google CN and Yahoo China (Why did not baidu come up with something?) I noticed Yahoo (US version) has lots of pictures about Lunar New Year. While Chinese young generation are embracing the western holidays such as Christmas and Valentine’s Day (in some ways western holidays are overshadowing the most important Chinese holiday), western world
Reading Time: < 1 minute The Chinese version, the year of Pig (roar, whatever you want to call it). I am using Keso’s new year card because I can not create a card as good as his 🙂 Image created by Keso.
Reading Time: < 1 minute From Reuters: “China’s Motel168, one of the country’s three biggest budget hotel chains, plans to raise about $100 million through an initial public offering on Nasdaq, sources familiar with the plan said on Wednesday. Motel168, controlled by privately run Shanghai hotel and restaurant manager Merrylin Holdings Ltd., has hired Wall Street investment bank Morgan Stanley
Reading Time: < 1 minute I listened to the conference call of Sohu and Ctrip lately. Not surprisingly, both companies mentioned the positive effect of 2008 Beijing Olympics. Sohu is the Internet content service sponsor, and Ctrip should enjoy the booming of China travel industry before Olympics. But I think this Olympics effect is already priced in the stocks, and to make things
Reading Time: < 1 minute This is an interesting statistics of the world assets by geography, courtesy of My Money Blog. I remember from Jeremy Siegal’s recent book “The Future for Investors”, one trend is the emerging middle class in developing countries (Brazil, China, India etc.) are going to buy assets from the “baby boomers” in the developed economies. In
Reading Time: < 1 minute The following is from Reuters. I have not seen the final prospectus from SEC web site yet. “HONG KONG, Feb 9 (Reuters) – Investors and New Oriental Education & Technology Group Inc. (EDU.N: Quote, Profile , Research), China’s largest education group, and its investors have raised US$334 million after pricing 8.05 million American Depositary Shares at a 1.78
Reading Time: < 1 minute I noticed this juice thing is getting popular in China, just like the coffee did in recent years. In summer 2004, when I attended a bunch of formal dinners in Ningbo, juice is an option, as is the wine. Juice is also offered in the airplane. One thing I noticed that the orange juice in China is mostly “from
Reading Time: < 1 minute First is the SunTech Power (STP), it came to NYSE a little more than a year ago. The stock almost doubled from its debut. The company is founded by Australian Haigui and based on Wuxi, Jiangsu province. This is the largest Chinese solar panel marker and it’s profitable. Then comes the Canadian Solar (CSIQ). Don’t
Reading Time: < 1 minute When I first came to the US in 1997, there is no Chinese web portals. We read Chinese news primarily through BBS. The Chinese language support for the browser was not widely available either. I remember a friend told me something about installing the “Chinese version of DOS” on the PC so that he can read the Chinese. Then
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