Reading Time: < 1 minute Got back to Shanghai in the weekend; my limit observations in past 2 days suggest those two are hot besides the weather. Don’t run and buy stocks solely based on this. Crocs: I saw people wearing Crocs near Zhongshan Park, at Hongqiao Parkson Shopping Mall and Jinjiang Chef (restaurant). Today my co-worker told me this

Reading Time: < 1 minute The local temperature is 29 to 38 Celsius, or 84.2 to 100.4 Farenheit. Stock market: Shanghai composites is edging up to new high (at 4398.79 as of 10:25 AM July 30 local time). I will talk about the craziness of “Crocs” in Shanghai later, and Sheng Jian Bao place. I think I will miss a

Reading Time: < 1 minute Here is the results (details from business wire). I will add more after listening to its conference call. — Second Quarter Revenues Increased 162% to $224.3 Million vs. $85.6 Million Last Year (analyst expected 188.49 to 204.20) – Company Reports 2Q07 Diluted EPS of $0.58 vs. $0.19 Last Year- (analyst est. 0.40 to 0.48) —

Reading Time: < 1 minute I read this from Netease: Perfect World, a Chinese online game co., will debut in Nasdaq under ticker symbol PWRD tomorrow July 27. Here is the prospectus from SEC. The company was not profitable in 2005, and 2006, but it turned corner in Q1 2007. It seems other Chinese online game companies are also coming

Reading Time: < 1 minute I need to listen to the following calls because I hold those stocks. Today: CROX, I don’t want to speculate on this one…too much buzz lately. Next week 07/31: SNIC, have no idea. 08/01: SBUX, the expecation is more reasonable this time, I don’t expect block buster quarter but I think they should be OK

Reading Time: < 1 minute Yeah, I know it’s risky, because I’ve been there. But I’m not insane. I think the recent sell off is a bit over done, at least from my store checking: Dick’s Sporting Goods, Finish Line and Sports Authority are displaying new Heelys for “back to school” season. I assume those guys don’t just put there

Reading Time: 2 minutes Today Bill Miller must be very happy, as his fund (Legg Mason Value Trust) core holdings Amazon (5% of $20 b, roughly $1 b) went up more than 20%, this is the second time AMZN came out with a blockbuster quarter this year, and the stock has been up more than 100% in the past

Reading Time: 2 minutes I found this one from China Business Feature. Some of the interesting paragraphs: How they started the R&D of medical devices? “But unlike other distributors, Xu Hang, who holds a degree in medical engineering, started independent innovation of some products in 1992. Mindray’s first products included China’s first single-parameter blood oxygen saturation monitor. “At the

Reading Time: 2 minutes It’s the Chinese Yuan (CNY), or Ren Ming Bi (people’s money). In early march, when I was in Shanghai, one USD is worth 7.72 Yuan, now it’s about 7.56 Yuan, a loss of about 2% in about 4 months. It appears this trend is not going to stop for a while. This is scary if

Reading Time: < 1 minute in its fiscal Q4 2007 earning. The analysts were expecting 1 cent, while EDU reports loss of 4 cents. Ouch, that’s even worse than last week’s Google’s miss (3 cents). Seriously, I don’t think missing a few pennies is not big deal for long term investors. But the reason behind the miss is more important.