Reading Time: < 1 minute I mean the stock market. Dow lost more than 400 points. My brokage account lost about 10% of its value today. The biggest decliners are Home Inns (HMIN) and Mindray (MR); but Crocs (CROX) and Heelys (HLYS) are not helping either 🙁 Now the question is: is this a healthy correction? Or the beginning of (dare

Reading Time: < 1 minute Today, Feb 27 Tuesday, the Chinese Stock Market got a huge sell off. You can see some rationale from this Seekingalpha article. This sell off also spread to the US market, not surprisingly some of the Chinese ADRs such as HMIN and MR also dropped 10%. Is it the beginning of a bear market? Or merely a correction? I don’t

Reading Time: < 1 minute Mindray, the leading medical device maker in Shenzhen, is hiring. Here is the link in Chinese. Most are R&D positions. And some campus recruiting events. Interestingly, I noticed they are looking for Spanish, Portuguese, German and Russian speaking sales person, as shown in this ad. From this and previous company’s SEC filings we can see the company still

Reading Time: < 1 minute Debt is bad. This is what I was told when I grew up in China. I think this is most of my parents generation feel about debt, I am talking about average working people, not the entreprenurs such as Lu Guanqiu, the founder of Zhejiang Wanxiang Group. So when I told my parents I bought a

Reading Time: < 1 minute It will report the earnings after market today. The Street est. earning is $0.62, but I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger of  “playing ERs” with hot stocks. Interestingly, Sage

Reading Time: 2 minutes It’s Oscar time again. The show starts at 7:30 PM central time on ABC, it’s 5:30 PM at Kodak theater in Hollywood. This is probablly one of the most highest rated TV show in the States, just like the CCTV Spring Festival Show in China. It’s a tradtion. And full of fashion, as you may notice

Reading Time: < 1 minute Friday evening I attended the New Year celebration at Olin School of Business, Washington University. It was organized by Greater China Club. Very well orchestrated, although the party is a bit late since New Year was Feb 18. I remember a few months ago our friends Indian students celebrated their Dawali. I think both groups did well in showing the Olin

Reading Time: < 1 minute Apple and Cisco settled the dispute around the iPhone trademark, according to Mac News. One interesting comment I can not stop laughing is:  “if Apple leaves the table smiling, you better check your wallet.” Seriously, I agree with the author Cisco guys are smart too. “Consumers are so with Apple these days, it would have

Reading Time: < 1 minute Found this through my friend thesunsfinancialdiary. I briefly went through their F1 prospectus. I had to admit I’m not in best position to evaluate their business: they have 5 divisions providing services from creating adverstisement to customer research. I can think of a St. Louis based privately held company called Maritz which does something similar: they organized conferences for other companies, send

Reading Time: < 1 minute New Oriental (EDU, based in Beijing): every Chinese student came to US for study knows that, no need to say anymore.  Home Inns (Rujia, HMIN, based in Shanghai): my friend in my hometown told me about this in summer 2004. He is a small business owner and he thinks that Rujia is clean and economical. He would stay there when he visits Shanghai as long as