Reading Time: < 1 minute Jim Cramer mentioned Staples in his Mad Money program today. He is talking about Staples (SPLS) traded at a discount although it’s the best in the breed among office supplies companies (vs. Office Depot and Office Max) . A caller asked him the international growth prospect. Interestingly, I saw an advertisement board of Staples along Yan
Reading Time: < 1 minute I read the F-1 Form in the weekend. While I am not a financial analyst, I have the following comments. 1) Home Inns probablly has the best management or directors. Three of its directors, Neil Shen, James Liang, and Qi Ji are founders of Ctrip and have extensive experience on Investment, travel and IT industry. 2)
Reading Time: 3 minutes I’ve covered the “buying” in my last post. I want to add a little more about “buying” here and then jump into “selling”. I think the quality of the stock (a company business, especially the management and the moat) is more important than the price itself in the long term. For the managment of a
Reading Time: < 1 minute This is official, Home Inns (Ru Jia) filed its F1 Form to the SEC. (From routers) It will be priced between $ 10 to 12. And from IPO home it will debut on the week of Oct 23. Pacific Epoch’s Paul Waide said “it will get out of the gate this year“. I believe it’s
Reading Time: < 1 minute It’s that time again. Note from Jan 1, 2007 the Chinese consulate or embassy no longer take the renewal (due to the new passport laws taking effect). Here is a link for the Chicago Consulate. Note you need the Adobe reader Simplified Chinese Patch to read the PDF form. BTW, the Nov. 2006 visa bulletin is out, and
Reading Time: < 1 minute The following are some of the proposed new direct flights from US to China. AA is applying for the new direct flight from Dallas (DFW) to Beijing (PEK). Here is the link to sign up for the petition. Northwest is working on the Detroit (DTW) to Shanghai (PVG) route. Here is the link. Last but not least,
Reading Time: < 1 minute Bring the green backs and exchange it at Bank of China or other banks is the common way. They do require the passport though. And sometimes the wait time could be long (I found out Friday is usually bad). But it is not very safe if you have large amount of cash. So I tried
Reading Time: < 1 minute I heard it first from Bill Bishop’s blog. Home Inns (如家), China’s leading budget hotel chain, filed for an IPO about a month ago and is expecting to hit the NASDAQ sometime in September, assuming market conditions hold. A few day ago I got more info From Pacific Epoch Shanghai based hotel chain Home Inn
Reading Time: 2 minutes I saw some of the newest USA exports to China today: SAT (the US college admission test) and NFL (National Football league). At Chicago O’Hale airport, I met a girl who just graduate from high school (middle school in China) and will attend a college in the Mid-west US. She told me she has some friends
Reading Time: < 1 minute In order to stay connected in China, cell phone is a must. For short stay visitors, I believe “pre-paid minutes” or “pay as you go” card is good. There are a few minor things I found out by using China Mobile: 1) Text messaging: it’s much popular here and it’s less expensive compared to phone
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