Reading Time: < 1 minute 1) Traders, including the grannies sitting in China stock brokage houses. 2) Hedging fund: people who have short positions, options…all these are closely related to the general market, and can have a wider swing than common stocks. 3) Mutual fund: because they have a large portifolio, they are exposed to the general market condition (weak,

Reading Time: < 1 minute Here are the results. The important thing is they beat the est. and raised the guidance again. I also listened to its conference call, some interesting information: 1) The company plans to increase its international sales headcount to more than 200 people by the end of 2007 and to open offices in Amsterdam, Mexico City,

Reading Time: < 1 minute The China stock market is breaking new high again, after the May 30 “man made” crash, and amid the “housing and financial crash” in the US. Yesterday I heard from a family member, who was fairly cautious about the stock market, now thinking about put the money back to the market. This is confirmed by

Reading Time: < 1 minute The pictures are hosted at Yupoo (China), please be patient if you are in the US as I am supporting our domestic brand. Babi bun, the breakfast place just raise the price because of rising pork cost. Residential Inn, it looks like the Marriot residential inns in the US, I have not stayed there so

Reading Time: < 1 minute Some pictures taken on the airplane. The AA289 (from ORD to PVG) flies through Canada, Arctic ocean, Siberia, Mogolia and China. Queen island in Canada Wing

Reading Time: 2 minutes Shanghai is an expensive city. I’m not talking about the red hot housing market, we all know the housing is getting very expensive here. I was talking about the relative income vs. spending. Income Yesterday evening an old friend of mine, who works for a investment research firm, told me a fresh graduate is paid

Reading Time: < 1 minute I read its earning report this morning (Shanghai is 12 hrs ahead of US EDT). They reported an inline quarter. In the past that could send the stock tank. Not this time, because the stock has been down 27% since Jan 1. The expectation is already very low. With a PE about 33, and revenue

Reading Time: < 1 minute Here is the results from PR NewsWire. To summarize: Net sales from continuing operations for the second quarter 2007 of $30.4 million were up 16.4% over the $26.1 million for the second quarter of 2006. North American sales of $11.8 million in the second quarter 2007 increased 8.2% from 2006. European sales of $12.8 million

Reading Time: < 1 minute I went to the China Merchants Bank today, to exchange some USD into CNY. The rate is 7.5544. From what I read, the US senate has passed a bill to push China to appreciate the CNY more faster. That certainlly did not help me (get more Chairman Mao for my green backs). On a positive

Reading Time: < 1 minute I read it from the Forbes, Crocs bought Bite Footwear. I checked out Bite’s web site, it looks they make sports sandals, which reminds me of the “Keen” branded outdoor sandals sold in Dick’s Sporting Good. Don’t know if they are comfortable or not, but the Keens are not cheap. One interesting thing I saw