Reading Time: < 1 minute Today is Tuesday May 15, the Chinese market had a huge sell down today. I don’t know the reason (sometimes the market doen’t need any reason to go down or up). But I think it’s a healthy thing for the China market has some down days in addition to the up days. Good “market risk” education

Reading Time: 2 minutes This is the report. From the Conference call, it appears they made a mistake on the announcement, I believe there was a typo on the first bullet (should be 40% rather than 24.7% YoY if exclude the large bid in 2006) My comments on the results:  

Reading Time: < 1 minute I saved an invoice of gas before the trip (early March), it was 2.379 per gallon. When I came back, it went up to 3.049 at the same Shell gas station at my neighbourhood. I don’t know what happened. Maybe I paid too much attention to the Chinese stock market and lose what’s happening in

Reading Time: < 1 minute I came back to St. Louis last night after staying in Shanghai for the last 10 weeks. The united 836 flight from Shanghai to Chicago took about 13 hours; it took another 5 hours to get from ORD to STL (4 hours stop over included). At one point during my 4-hour wait, I thought about driving

Reading Time: < 1 minute (Update) Here is a Chinese article explains more details. The minimum balance is RMB 300,000 to open an account inside China. Other restrictions apply. (Original) I was wondering why the Chinese ADRs all rose today. Although I heard the China central bank is allowing domestic bank buy oversea stocks through QDII. This MarketWatch article connected the

Reading Time: < 1 minute Mindray (meeting announcement): 8:00 PM on May 14, 2007 U.S. Eastern Time (8:00 AM on May 15, 2007 Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows:      Hong Kong:     +852-3002-1672      US Toll Free:  +1-866-271-6130      International: +1-617-213-8894      Passcode for all regions: Mindray Home Inns (meeting announcement): 9 PM on

Reading Time: 2 minutes There are lots of rankings among B-schools. But I think the best B-school in the world nowadays is China. This seems biased because I am from China. OK how about I say India?  Seriously, here are my reasonings: China is at its first stage of captalism. As I said in my previous post “is China imitating the US too closely?” China is

Reading Time: < 1 minute I think for small investors like me, one common mistake is “diversify”. Wait, isn’t “diversify” the first lesson we are taught to reduce risk? Yes, but as Peter Lynch said, “diversify” could mean “diworsify” too. For example, I have 6 stocks in my portfolio now: CROX, HMIN, MR, GSIT, NINE and SBUX. Some are winners

Reading Time: 2 minutes I mean the stocks (SBUX), not the latte. I believe the “so-so” same store sales number for the Q1 is the main reason for the recent drop. The stock is still not cheap by looking at PE (37), with projected rev/earning growth at about 20%. But this is Starbucks, normally they don’t go on sale. Near term, I believe SBUX

Reading Time: < 1 minute I watched an interview on China-CBN last night, the guest is a guy from McKinsey, and he is familar with the consumer trend in China. Some interesting points I took down here: 1) China is the No 4. in the world in terms of GDP; I believe China is No. 1 or 2 receipent of