Reading Time: 2 minutes Among Chinese CEOs, I think Wang Shi is real good. I read his book “Road and Dream” lately. Very impressive. Consider what he and his team has done in last 20 years: from nowhere to No. 1 residential real estate developer in China; more importantly, they create a “Vanke” community, the kind of community Chinese

stlplace
July 22, 2007

Reading Time: 2 minutes From CNNMoney, the full article is here: I was nine years old, and I walked in to see my father reading the financial pages of the newspaper. And they didn’t look like the sports pages or the comics or whatever. So I asked him what they were. And he said they were financial pages. And

stlplace
July 20, 2007

Reading Time: < 1 minute 1) StrengthTrader listed the greatest investors of all time (in Chinese). Among them I am familar with Buffett, Fisher and Lynch. I think Bill Miller is the Peter Lynch in current Mutual Fund world. 2) Alibaba is hiring, they are adding 2,000 people by the end of 2007. Meanwhile, Ali’s little bro Ninetowns is shrinking,

stlplace
July 20, 2007

Reading Time: < 1 minute Yesterday Dow Industrial closed above 14,000 the first time in history. Many people, bulls, bears, analysts, CEOs, ordinary workers,…all get excited about this. Many US workers have 401k plan, and I bet some of that is invested stocks (indirectly through Mutual Fund). But Dow Industrial is NOT a good indicator of the overall stock market.

stlplace
July 20, 2007

Reading Time: < 1 minute Heelys sold 5.1 million pairs of its walk/skate shoes in the US during 2006. Note in the US there are about 36 million kids between age of 6 to 14, Heelys’ core customer. In other words, every one out of 7 kids in the US got a pair of Heelys, which sells from $49.99. The

stlplace
July 19, 2007

Reading Time: 2 minutes From the F1 Prospectus: “…Mr. Zhou has over 14 years of experience in China’s real estate industry. Mr. Zhou has been the chairman and president of Shanghai Real Estate Consultant & Sales (Group) Co., Ltd. since 2003. From 1997 to 2003, he served as a director and the general manager of Shanghai Real Estate Exchange

stlplace
July 19, 2007

Reading Time: < 1 minute Pacific Epoch is a boutique investment research firm based in Hongkong (and Shanghai?). I read its China financial news from time to time, and liked its content. It also provide services and reports to institutional investors. This is the price tag for translating a Chinese article, $5000 (to see a bigger pic, click below). Man,

stlplace
July 18, 2007

Reading Time: < 1 minute (Update July 19) CNNMoney has an article about Mindray (the original article was on IBD). (Original) The annual report is out. You can get it from its IR Home. From first glance, it’s looking sharp (I mean, the graphic design). Second quarter results will be announced on August 6 after US market close (8 AM

stlplace
July 18, 2007

Reading Time: 3 minutes China. Hot. Housing market in China? Red hot. Put an “e” (hint: eBay) before that? Sizzling. So do we jump into this sizzling (hot) IPO, just by looking at its name and its business, the residential real estate brokage in China? The answer is obviously No. First a little bit history on Chinese residential housing

stlplace
July 17, 2007

Reading Time: 2 minutes I read from PacificEpoch about the filing. From its SEC filing, here is an summary: “We are a leading real estate services company in China based on scope of services, brand recognition and geographic presence. We provide primary real estate agency services, secondary real estate brokerage services as well as real estate consulting and information

stlplace
July 16, 2007
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