Reading Time: 2 minutes 1. Chinese stock market has started in early 1990s and it has not done well until 2005. Why the China A shares market suddenly became so hot since then? When the Chinese stock market started in the early 1990s, it’s a way for the state owned companies to raise the capital, and market speculators to
Reading Time: < 1 minute Last few days is full of events for China capital market, and the new generation of the Chinese investors (capitalist?). Last weekend the captialweek, a well known magazine for investors, celebrated its 15 years anniversary and the 18 years of China capital market. The following picture is the cover of latest “capitalweek” magazine published last
Reading Time: < 1 minute Warren Buffett is a popular guy in China, although he has not visited China. But his book (more accurately the books about his investing philosophy) has been translated into Chinese. Such as this one, Buffett’s letters to shareholders, which is good. But there are many other knockoffs, such as this one, Lin Yuan the Chinese
Reading Time: < 1 minute The following picture is from Sina. For the full size picture, here is the link. Of course, Sina usually has a nice collection of hot topics. Here is the link to its special topic regarding “subprime”. Job well done, Sina!
Reading Time: < 1 minute This is a link to Caijing mag, about the US subprime loans, or Mei Guo Ci Ji Zai. All articles are in Chinese. I found this article particularly interesting. And the following excerpt very entertaining (I can imagine Cramer’s body language when he shouted). 而更有人直言,本届联储主席伯南克很可能低估了信贷危机的严重程度。惯于以近乎撕心裂肺的腔调在CNBC电视台评论股市的著名财经主持人吉姆·克雷默(Jim Cramer),在8月10日本周股市收盘后,就大喊伯南克对信贷市场“毫无了解”。
Reading Time: < 1 minute I know it’s not easy, especially last night (morning in the US), when we saw the market took another dive (Dow was down 300 in the begining of regular trading). But we have all been there, remember the Feb 27 “Chinese crash” and subsequent US market crash? More recently I remember the May 30 “Chinese
Reading Time: < 1 minute These days it’s not easy for investors who hold US stocks, because the market has been in declining mode after the sub-prime woes. Do you still remember the DOW 14,000? That was July 19, as I wrote a post “IS Dow 14000 relevant“. Well, relevant or not, the Dow has retreated and it’s now under
Reading Time: < 1 minute Here is the Q2 results (Xinhua-PRNewswire). Besides revenue and earning, I’m more interested in the following numbers: — During the second quarter of 2007, Home Inns opened 26 new hotels. As of June 30, 2007, the Home Inns hotel chain consisted of 171 hotels in operation with an additional 63 hotels under development, covering 66
Reading Time: < 1 minute I was thinking about buying some ICBC or BoC shares in Shanghai, but the price difference of the Shanghai and Hongkong (or ADRs in NYSE) kept me from pulling the trigger. Since one Yuan is roughly worth one HKD, why would I pay premium for the A shares if I can get H Shares (or
Reading Time: 3 minutes I got to see Michael on CCTV Channel 2 yesterday. He was participating a show as a guest. The show is about the “entrepreneurs born after 1980s” (Michael was born in 1960s). I noticed he said something interesting about New Oriental “listed in NYSE”: if I could regret, I wish we haven’t done that. On
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