Reading Time: < 1 minute You can read all this in JRJ.com if you know Chinese. My take on this is policy only works when market does not anticipate this. This time China Central Bank did give the investors (speculators) a surprise. But fundamentally, the growth of economy won’t slow down, and the company earning growth should continue for a while. Even in
Reading Time: < 1 minute Reuters has an excellent article on this. I don’t need to say anything more. Yes I will buy more Starbucks if it hits 27. Separately, I started the trial offer of Netflix, the online DVD (movie) rental service. It’s very easy to use, and one important feature I notice is: they will always send a
Reading Time: < 1 minute Today is Tuesday May 15, the Chinese market had a huge sell down today. I don’t know the reason (sometimes the market doen’t need any reason to go down or up). But I think it’s a healthy thing for the China market has some down days in addition to the up days. Good “market risk” education
Reading Time: 2 minutes This is the report. From the Conference call, it appears they made a mistake on the announcement, I believe there was a typo on the first bullet (should be 40% rather than 24.7% YoY if exclude the large bid in 2006) My comments on the results:
Reading Time: < 1 minute (Update) Here is a Chinese article explains more details. The minimum balance is RMB 300,000 to open an account inside China. Other restrictions apply. (Original) I was wondering why the Chinese ADRs all rose today. Although I heard the China central bank is allowing domestic bank buy oversea stocks through QDII. This MarketWatch article connected the
Reading Time: < 1 minute Mindray (meeting announcement): 8:00 PM on May 14, 2007 U.S. Eastern Time (8:00 AM on May 15, 2007 Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: Hong Kong: +852-3002-1672 US Toll Free: +1-866-271-6130 International: +1-617-213-8894 Passcode for all regions: Mindray Home Inns (meeting announcement): 9 PM on
Reading Time: < 1 minute I think for small investors like me, one common mistake is “diversify”. Wait, isn’t “diversify” the first lesson we are taught to reduce risk? Yes, but as Peter Lynch said, “diversify” could mean “diworsify” too. For example, I have 6 stocks in my portfolio now: CROX, HMIN, MR, GSIT, NINE and SBUX. Some are winners
Reading Time: < 1 minute The bubble is continuing to build up. This afternoon I received a call from people try to selling me stocks “We are an investment company. Have you heard about the stocks lately?” Anyone who has not heard stocks must live in the vaccum or Tibet. Stocks are talked in every gathering. I heard people become
Reading Time: 2 minutes This is a too big question. But I have thought this thing for quite a while, and want to share my thoughts. A few weeks ago I was watching the “Boss Town” program at China-CBN, the host posed this exact question to the founder of Qiao Xing (Nasdaq: XING), Mr. Wu Ruiling: why do you go
Reading Time: < 1 minute Symbol Name Price (Apr 26) Earning (2006) 600000 浦发银行 28.28 0.77 600015 华夏银行 13.29 0.35 600016 MingShen 13.27 0.38 600036 CMB 20.04 0.48
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