Reading Time: 2 minutes Crocs (CROX) lowered its Q1 number yesterday. I sold all my CROX shares a while back after its Q4 earning announcement, because I thought the fundamental is still bad, not to mention the potential cash flow problem I talked earlier. Since I am talking about the financial media lately, I think one really does not

Reading Time: 2 minutes With the growth of web and blogging, there are more and more financial resouces we can turn to: we are not limited to the good old newspaper for stock prices, volume anymore. Don’t laugh at me, ten years ago I did precisely that in Shanghai. But the conveniece of data access does not come at

Reading Time: < 1 minute ICBC, Industrial and Commercial Bank of China, the largest bank in China (and arguably in the world), announced its year 2007 results recently. Here is the webcast (good stuff). And quote the Reuters news: ICBC earned 81.52 billion yuan ($11.56 billion) in net profit in 2007, compared with 49.3 billion yuan in 2006, a 64.9%

Reading Time: 2 minutes Four years ago, I had the opportunity to witness the Olympics torch relay here in St. Louis. The city was chosen because it hosted the year 1904 Olympics here, the first Olympics in the US. (The torch bearer was an old Olympian)

Reading Time: 2 minutes >(Youtube) How did the Free Tibet protesters assault a DISABLED GIRL. >(Sohu via Youtube) The Girl who protected the Olympic Torch 金晶：捍卫火炬的中国女孩. I was deeply disturbed by the torch incidents on Paris and London. I think the local authority should do a better job to protect the torch carriers.

Reading Time: 2 minutes Wheat, Rice Couple weeks ago I noticed Panera raised its bagel price from 95 cents to $1.01, because of the sharp rise of wheat price. We all know bread flour is made from wheat. The wheat price has been up 50% in last 6 months, due to draught in key wheat producing country Australia. Interestingly

Reading Time: 2 minutes Kiplinger is a personal finance magazine I have since year 2001. In its May 08 issue, I found “Tune out the seers” (Promised Land column) by Andrew Feinberg, in which he is saying everyone (especially experts) likes to predict the market and economy, but we should just ignore them. Or in the case of famous

Reading Time: 2 minutes My wife used to joked with me: you always tout some stocks when you buy, then after it crashed, you will say it’s a crap (XFML, Heelys, LFT, Crocs). I think I won’t say that for Mindray, and hopefully no hard feelings for BRK, either. Sold Mindray MR I sold my remaining Mindray (MR) shares

Reading Time: < 1 minute Two important news about China wireless arena yesterday. 1) China Mobile finally started the long awaited trial of TD-SCDMA 3G network (read Chinese news story 1 , and 2 from XinhuaNet). Some features of 3G include the video conference/phone, TV program, etc. 2) The new (lower) roaming fees takes effect. I think 2) may have

Reading Time: 2 minutes (Update Apr 2) Another news to make myself feel better, Chinese A share mutual funds declined 22% on average (read this Chinese news from Money-Courier). For comparison, Shanghai Composite index dropped about 34%, from 5261.56 to 3472.71 in the period. Note that index is not a good benchmark index because it’s skewed by some big