Reading Time: < 1 minute I think I started to stay at the Hyatt Hongqiao CBD in late 2017, when they was newly opened. One advantage of the hotel is it’s very close to the Hongqiao Railway Station, sometimes people call it Hongqiao Gao’tie Zhan in Chinese 虹桥高铁站. But the first time I went from the railway station to my
Reading Time: < 1 minute Mixue Bingcheng RIVAL ARRIVAL World largest fast food chain eyes America after kicking McDonald’s off top spot – menu items start at 15 cents (the-sun.com) This boba chain you’ve never heard of has more outlets than McDonald’s (CNN Marketplace Asia) China Bobba Tea, Milk Tea players (most contents are in Chinese, links for each store
Reading Time: 2 minutes The spring finally came, or one can argue the temperature yesterday in St. Louis is like summer (above 80 Fahrenheit). I already cut grass once, and this morning I did a bit more yard work. I like yard work, to some extent. It made me to move a bit, in addition to run / walk
Reading Time: 2 minutes Note I have not talked about Chinese stock market for a long time (this is last time I talked, 2007 when I spent 6 months in China). It gets interesting lately because of its big drop and swing. Keep it a bit in perspective, the Chinese stock index Shanghai composite did not do well in
Reading Time: 3 minutes 炒房揭秘内幕(translation by Google translate below). Let me summarize because Google translate did not do a good job. The guy was in pawn business. He used little own money to buy a house (he borrowed the money from bank). When the one year loan is due, he was very worried because his money is stuck in
Reading Time: 2 minutes Shanghai housing price heated up again recently, according to famous Shanghai blogger Wang Jianshuo. It’s no secret the stock market (Shanghai composite index) rebounded from 1,700 in last Oct. to 3,400 in last couple days, an 100% increase. CNN had an article How to say bubble in Mandarin. Video below.
Reading Time: < 1 minute Some signs of the stock market is cracking: 1) The leaders such as Google (Nasdaq: GOOG), Apple (Nasdaq: AAPL), Berkshire Hathaway (NYSE: BRK.A, BRK.B) are retreating. 2) CIC is thinking about buying equities again, Renaissance Technologies is one option (last time CIC pulled trigger, it bought Blackstone pre-IPO at top). 3) Goldman Sach is selling.
Reading Time: < 1 minute I have talked about investing in China many times in this blog. Recently a good friend of my wife asked this question: how to protect her parents retirement (life style) now that they are near retirement? I think this is a very good question, also a very common one. Recently I read Charlie Munger’s book
Reading Time: < 1 minute Obviously when Chinese track star Liu Xiang quit the race due to heel injury, we are all disappointed. Not only the fact he could not get a “face saving” gold medal, and he is China’s only hope on track and field (at least from men side); but also the fact we did not know how
Reading Time: < 1 minute Beijing Olympics offically started just couple hours ago. Thanks to NBC pursuit of rating and advertising dollars, US auduiences won’t see live broadcast of the opening ceremony. A video playback will be shown tonight at 6:30 PM at local NBC channel (KSDK channel 5 in the case of St. Louis). It will last 4.5 hrs.
Recent Comments