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: 2 minutes The first, Chinese banks. They are making money from two sides: the developer, and the home buyer. The developers borrow from the banks; they will pay interest and principle (hopefully) later on. The home buyers borrow from the bank, and pay mortgage (interest and principle). The second, developers. It’s not hard to understand, as the

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: 2 minutes X5? maybe not?

Reading Time: < 1 minute I found my blog was listed as “200 most influential personal finance bloggers“, No. 182, at Hustler $$$ Blog. Thanks, Hustler. I have added a link for your Hustler $$$ blog (under “finance”).

Reading Time: 2 minutes WuXi Pharma Tech (NYSE: WX) is a pharmaceutical R&D service company based in Shanghai, and they do work for the pharma giants like Pfizer, Merck, etc. They are the No. 1 player in China and growing fast. To give some background, here is a discussion thread from trader168.com; and a valuation analysis article from Yahoo

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: < 1 minute Student studying at KFC, I also see students studying at McDonald. Note in China both KFC and McDonald are fashionable gathering places for middle/high school and college students. My first Chinese KFC meal in many years, I got headache after eating that 🙁

Reading Time: < 1 minute Last Friday (August 10) we got married at Shanghai Xuhui District marriage license office. The place we received the certificate and pledge (swear?) our oath.