Categories
Site Info

Changed Location URL

Reading Time: < 1 minute

Last Updated on May 28, 2009 by stlplace

I changed the location of this blog from http://www.stlplace.com/blog to http://www.stlplace.com/. I don’t expect anything to break because of this change. You should see some improvement on the web page loading time after the move.

Since nothing is perfect in life, do let me know if you see any problems. Thanks!

Categories
China Stocks

Analysis of Home Inn and Jin Jiang

Reading Time: < 1 minute

Last Updated on October 25, 2006 by stlplace

I saw this Chinese article about Home Inn and Jin Jiang. The author obviously did a good job here. For those who can not read Chinese, Jin Jiang Star is a competitor of Home Inn (Ru Jia). Jin Jiang Group started this economy hotel chain in 1997 (note Ru Jia started in 2002). From Home Inn’s F-1 Form, I saw Jin Jiang, Home Inn and Motel 168 had 20%, 18% and 16% of the China economy hotel market share, respectively. I stayed at both the Xing Ya Star (2002) and Jin Jiang Star (2004), and they are both comfortable.

It’s interesting to see, although Jin Jiang is the “first mover” in China’s economy hotel market, and they have lots of experience in the industry, they are not the dorminant position or even No. 1 brand. One reason it grew from the Jin Jiang group, whose main focus is the high end market. I think they are serious about this segment now since Home Inn is doing the IPO.

By the way, you can see Home Inn’s road show video from IPO home.

Categories
Saint Louis

World Series T-shirt

Reading Time: < 1 minute

Last Updated on October 25, 2006 by stlplace

I saw lots of World Series T-shirt coming to the stores since Cardinals clinched a spot on Thursday night. Of course here in St. Louis most shirts are in red, the color of Cardinals. I found the following one at local Sams Club store, which is neutral, and the design is kind cute.

ws2006

Being a Cardinals fan myself, I was happy to see them winning the first game. I hope they can still keep this underdog attitude and eventually prevail.