Reading Time: < 1 minute I visited the new Shanghai library the first time. Not sure whether the library was built before or after I left Shanghai in 1997, the old libaray was located near Nanjing Road, and People’s Square. Anyway, I was amazed by the number of knowledge hungry people in the library.  

Reading Time: < 1 minute I went to the Shanghai Real Estate Spring Expo, at Shanghai Expo Center on Yan’an Road. Again it has been more than 10 years since I visited Shanghai Expo Center last time. The expo itself is very crowded, and some developers offer free bus ride to and from the Expo Center to demo unit. I

Reading Time: < 1 minute Finanlly I bought some A Shares in Shanghai Stock Exchange this afternoon. This is more than 10 years after my last purchase 🙂 I realized Chinese domestic stock market is still not widely open to foreign investors. There is a thing called QFII, stands for qualified foreign instiutional investors. Here is a good explaination for

Reading Time: < 1 minute Dripped coffee only, available 10 AM to noon Friday March 16 in participating stores in China, as I understand from this Yahoo news people in US already enjoyed it on March 15. Actually I heard it from my coworker first. Please don’t pass on to the people work in Cloud 9, as I don’t like wait in long

Reading Time: < 1 minute I mentioned it once in my blog: getting Ren Ming Bi (Chinese Yuan) at China Construction Bank using Bank of America ATM card. I tried it yesterday. It works great. The rate is 7.72, or $194.29 for CNY 1500. Don’t know if there is a transaction fee. The last I heard is there is none. There

Reading Time: 2 minutes I went to ChinaClear, the Chinese securities clearing house. I don’t know what’s the equivalent in the States? I do believe they have something similar but it’s just behind the scenes. In other words, we don’t need to know all the details.

Reading Time: < 1 minute I thought about this for quite a while, debating whether I should joined the party in Shanghai. Finanlly I decided to pull the trigger. I went to China Merchant Bank (招商银行), and opened my stock trading account there (the securities department of CMB). The procedure is very much like that in US. I filled out

Reading Time: < 1 minute Xinhua Finance Media Limited (XFML) did not turn out to be another Home Inns or New Oriental, at its IPO debut last Friday. Besides the difference of market sentiment then and now, I think the fundamental reason lies within the company and the business itself. First Xinhua Finance is in the media and advertising business. Note media industry is

Reading Time: < 1 minute These days we can see many realtors along the Shanghai streets. The business must be good at least on rental side. I see more than 6 brokers on this 100 meters long Chang Ning Road, some even with US name (Coldwell Banker).

Reading Time: < 1 minute Well, Xinhua Finance Media Limited XFML IPO nearly broke my heart, kind as I expected. The good thing is WR Hambrecht only allocated me 100 shares, out of 200 shares I indicated to buy. On a positive note, Mindray reported a good quarter and a good year. Here is the results. Going forward they expect