Reading Time: < 1 minute These days this stock index future is a hot topic in Chinese market. You can read lots of discussion on the web. The concensus is the index will need some sort of adjustment before the debut of index futures. Because most people feel the Shanghai Composite Index is too high (almost 3400 as of today),
Reading Time: < 1 minute Sogou, the new search engine from Sohu, has a ranking for every web site. I went to their web site, and checked out the following web sites:baidu (type in link:www.baidu.com in the blank and hit “search”, do similar for the other sites), netease, sina, sohu and stlplace. Here are their scores: baidu: 90, sohu: 81, sina: 72,
Reading Time: < 1 minute I noticed this “English First Co.”, which is 2008 Beijing Olympics language training partner, because of their ubiquious ads (outside and inside) Cloud 9 building. I understand there are at least 2 levels of Olympics partners. Lenovo, Haier and Coke Cola, etc are exclusive sponsors (in its product category). In other words, they gave more money to Olympics committe and they got more
Reading Time: < 1 minute Fuwei Film (FFHL) stock got a 22% jump today after it announced a very good earning report. Interestingly, I was thinking about this little known company lately. Why? Because I noticed a few days ago it got upgrade from Maxim analyst. The stock went up about 10% and dropped back to 10 in a few days. More importantly, I
Reading Time: < 1 minute The first quarter is behind us. Just like a public company reporting quarterly results and holding conference call, I am going to do a quick review of my little portfolio. This quarter is a quite rollercoaster for me, as it did for many investors. The Jan and Feb started fairly strong and at one time I
Reading Time: < 1 minute Jeremy Siegel, a Wharton Finance professor and a well known author, took 100 Wharton students to see Buffett as an annual tradition between the school and the Oracle of Omaha. Here is Jeremy’s report. You don’t need to read it all. I think this is the most important part: “Priorities:…But Warren does not stew about
Reading Time: < 1 minute I ordered a book from Dangdang.com, the China’s own Amazon.com. The process was fairly straight forward except the payment. There are lots of online payment options in China these days including the bank card. But I don’t have a special PIN from my bank, so I chose “cash payment on receipt” instead. The book came
Reading Time: < 1 minute ICBC (601398.SS, 1398.HK), Industrial and Commercial Bank of China, announced its 2006 result today, you can read the summary here (Chinese, English). Here is an offical PDF report (in traditional Chinese).
Reading Time: < 1 minute My luggage case was broken, after travelling through so many international airports (STL, ORD, PVG, NRT, SPM, PEK,…), rolling on the Shanghai streets, in two and a half years. It lost one wheel. I thought about buying another one, but on second thought, I decided to ask if it can be repaired. I searched the company using baidu and gsuo,
Reading Time: < 1 minute Private Equity plays a bigger role in Chinese stock market these days. In the US private equity deals more with M&A, merge and acqusitions. In China, because the stock market did so well in last year, a lot private money has been poured into private equity (私募基金). You can feel the temporature of the market by
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