Reading Time: 1 minute Here is what I saw from eBay: ***Asia Internet Connectivity Hit by Taiwan Earthquake – Trading Advice*** December 28, 2006 | 12:28PM PST/PT “On December 26, an earthquake off the coast of Taiwan damaged several undersea cables shared by international telecommunications companies. This has disrupted Internet connectivity in many countries in Asia, including Australia.
Reading Time: < 1 minute HMIN # of ADRs 32,283,906/2 Price (27Dec06) $35 Market Cap (USD) $1,129,936,710/2 Note Google Finance has incorrect number Rev (RMB) Q1 Q2 Q3 Q4 2005 109,405,488 (1st half) 77,733,825 98,722,199 2006 110,671,567 138,386,977 160,352,229 170,000,000 YoY 106% 72% Est 2006 Rev: $73,343,136 (assume 1 USD = 7.9 CNY ) Market Cap/Sales: 7.5 (it’s not totally out of whack 🙂 Note: # of ADRs is outstanding shares expressed
Reading Time: < 1 minute I am not good at predicting the top or bottom of stocks, so take it for what it worth… First is the LFC, China Life Insurance, which went from 100 to 140 in a few days mainly due to the “back to China” IPO in Shanghai Stock Exchange. Note GSH and other China blue chip
Reading Time: < 1 minute I heard about Peter Lynch and his book more than two years ago; I ordered his book from Amazon last week because I wanted to learn more about stocks and investing. I just got to Chapter 5 now, but I found his book to be educational and interesting: his humor can be felt in many
Reading Time: 2 minutes It seems to me the Internet connection from China to the outside world was down, because I could not get to some of the sites from baidu news. I attached the official email from iTalkBB, my IP phone provider at the end of this post. For me it’s just some inconvenience, but how much effect it would have on
Reading Time: < 1 minute I found out the Sun’s Financial Diary when I was doing Google search on LFC. The author is a China born Engineer currently working in the States. I liked this blog because it has lots of good stuff about personal finance, the author even put up the real number for his income, tax and investment,
Reading Time: < 1 minute It’s priced at RMB 18.88 per share, and it will go out of gate on Jan 9, 2007 in Shanghai. Today its US ADR LFC closed at $138.42. Note each ADR represents 40 shares of A share (in Shanghai). Consider today’s USD CNY conversion rate, 1 USD = 7.825 CNY. 138.42*7.825/40 = CNY 27.08 Assume
Reading Time: < 1 minute I did not realized the China Life Insurance (LFC) is going IPO in Shanghai Stock Exchange (A shares) until a few days ago. I did a little research on the web and found out there are quite a few big cap Chinese ADRs are going this route: Guangshen Railway (GSH) and Aluminum China (ACH) are another two. Here
Reading Time: < 1 minute Went to the BB’s Jazz, Blues and Soup at 700 South Broadway, which is quite a blast. This is my first time to a Jazz bar, although I have listened to the Jazz on NPR in the Sunday evenings for a long time. I thought about going to New Orleans, which is the birth place
Reading Time: 2 minutes I went to the SA store at Brentwood, and I saw they emptied half of the shelf which was originally for Heelys (they put on some Under Armour socks instead). Is that a sign they are sold out? I don’t know. But one thing I do know SA usually have all the available shoes on the shelf, in other
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