Reading Time: 2 minutes (Update Nov. 17) Shuipi of ChinaTimes(水皮华夏时报) wrote this interesting piece on his newspaper. (Original) It looks like it, from the highs at 6,200 in early Oct to 5,200 now. But wait a minute, recently the US stock market suffered big loss because of the sub-prime meltdown, and weakening of the dollar. How could the mess

Reading Time: 2 minutes The drama in wall street did not end on last Friday. Today E-Trade, the few dot com survivor, came into news about is exposure to Mortgage Backed Securities (MBS). In these days, MBS are pretty much like useless paper, because of the sub-prime crisis. Accoring to analyst, the chance of E-Trade go bankrupt is still

Reading Time: < 1 minute Week in review 11/04 to 11/10 1) Shanghai Univ of Finance and Economics, or SUFE, is celebrating its 90 years annaversary. SUFE also launched Shanghai consumer/investor confidence index, similar to Univ of Michigan consumer confidence index.

Reading Time: < 1 minute Zinio is an electronic magazine reader. It offers a wide array of Chinese magazines such as Capital Week, the best Chinese financial magazine in my mind. I subscribed it last weekend, and paid RMB 274 through China NetBank. The Zinio reader (and Capital Week) is OK except its text is not dark enough when zoomed

Reading Time: < 1 minute Good product => good company => good stock? I have been thinking about it for a while, and I believe in lots of cases this formula is not necessarily true. I understand this is a difficult topic to discuss because the subjective nature of the “good product”, “good company” and “good stock”. For example, Marlboro

Reading Time: < 1 minute Here is the link (see the left scrolling screen, in Chinese): Many years ago, when I was a graduate student, I attended those information sessions in school (and ate many free pizzas). At that time all the companies are US companies, such as Emerson, GE, and Microsoft (Nasdaq:MSFT) etc. Now a Chinese company are coming

Reading Time: < 1 minute CROX is halved from its pre-earning high of $75.00, and now it sells at around $37.00, about the same price as Mindray (NYSE:MR). I know I am comparing apple to orange. On the news, sub-prime mess among big banks, $100 a barrel oil and today weak retailer report did not help. But more importantly, it

Reading Time: < 1 minute The wall street had another big down day today. The Dow lost 360 points, or 2.64%. If Dow is not a reliable indicator of market, S&P 500 lost 44.65, or 2.94%. This is after last Thursday big sell off. The obvious reason, is the continuing deteriating of the US credit market (mortgage banks, commerical banks,

Reading Time: 2 minutes No I did not fly to Shenzhen, although I would love to be there. From the news, and the presentation, the developments are very encouraging. Too bad my account ran out of money yesterday, otherwise I was going to add my MR positions amid the across board sale of Chinese stocks. Some highlights (I think)

Reading Time: < 1 minute (Update Nov 6) Keso wrote an interesting piece about Ma Yun and Alibaba IPO. DBANotes also has an interesting article about Alibaba IPO. The author Fenng works for Ali. (Original) The ticker symbol is 1688.HK. It opened at HKD 30.00, a big jump from the IPO price HKD 13.50. I have not looked at its