Reading Time: < 1 minute From Reuters, Hard disk pioneers won Physics nobel: France’s Albert Fert and Germany’s Peter Gruenberg won the 2007 Nobel Prize for physics on Tuesday for a breakthrough in nanotechnology that lets huge amounts of data be squeezed into ever-smaller spaces. My take: Hard disk has changed the way we live and work, as we can

stlplace
October 9, 2007

Reading Time: < 1 minute This is what I heard from a guest at “Market today” (China-CBN). Here is how it works: China Ping’an insurance (601318, 2318.HK) and China Life insurance (601628, 2628.HK, LFC) holds significant shares (more than 3%) from each other. Now they are buying shares from each other in the market, which will drive their stock prices

stlplace
October 9, 2007

Reading Time: < 1 minute Our visa applications finally came through, and I booked air ticket for my wife’s trip (PVG to STL, same itinerary as mine). I already got the round trip ticket for myself, so the question is find a same ticket for her. I checked out flychina.com, aa.com and China-sss 春秋航空旅游网 (travel agency) and they all gave

stlplace
October 9, 2007

Reading Time: 2 minutes Vanke is No. 1 home builder in China. Today. Vanke A share (000002) went up 10% in Shenzhen, after it moved sideways for about two months. Note today is the first trading day after China national holiday break. Real estate companies in China don’t get much respect these days. No matter how many new homes

stlplace
October 8, 2007

Reading Time: < 1 minute This one is for real. Here in Shanghai it started to rain yesterday afternoon; today the heavy wind sometimes make it impossible to walk. I saw numerous people flipped their umbrella. Just as I was thinking I’m lucky, my umbrella did the same thing. Zhongshan park (Kaixuan Rd.) Zhunyi Rd. & Changning Rd.

stlplace
October 8, 2007

Reading Time: < 1 minute We went to the new (new to me) Shanghai south railway station yesterday. I was very impressed by the structure. It’s in deep constrast to the older Shanghai railway station (built in 1980s). The lights and landscape around the station are also very nice. Since I did not bring the camera, here are some pictures

stlplace
October 7, 2007

Reading Time: 2 minutes First a little background. Like the Chinese stock market, the Chinese real estate market has a brief history and I talked it a bit in my previous E-House post. Also, China is a big country and the real estate market varies by region, for instance, the Shenzhen market is cooling down lately while Shanghai market

stlplace
October 6, 2007

Reading Time: < 1 minute The Chinese market closed for a week during this national holiday. The HK and US market is still open. There are lots of actions of Chinese stocks in those markets. From the blue (red) chips (such as LFC), to more speculative ones (such as EFUT). It appears to me the valuation of FXI, LFC etc

stlplace
October 5, 2007

Reading Time: < 1 minute National Day (the birth date of PRC) Oct 1 is coming. I saw lots of flags on the street. Pretty neat, huh? Seriously, this is a good time for the travel industry to cash in. Because people will have a week off. Many people are doing some tour: from Sanya, Li Jiang to Bali or

stlplace
September 28, 2007

Reading Time: < 1 minute From Sina: Q1: Do you like (agree with) the new policy which raised down-payment for 2nd or 3rd home? (My answer: Yes). Q2: Do you think this policy can combat the speculation and contain the home price? (My answer: No). Q3: Will this policy affect your home buying plan? (My answer: No).

stlplace
September 27, 2007
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