Categories
Fun Stocks

How Many Houses To See before Buying

Reading Time: < 1 minute

Last Updated on January 8, 2007 by stlplace

My roommate, an American guy in his mid 20s, has been looking for a house (condo, duplex) for a while. By “a while” I meant he probablly have done this for about 9 months. I understand he has many reasons for this long process: first he was new to St. Louis when he relocated from another state to here, i.e., he need some time to get familar with the area; then comes the stagnant real estate market, in the down market everyone is waiting, as a buyer he certainlly don’t want to see the price drop after he buy the house; and most important of all, I believe he looked too many houses. I don’t know how many places he actually saw, but when he showed me the web listings from time to time, talked about the pros and cons of this house vs. that house, I know he looked too many.

Categories
China Stocks

LFC China Life Insurance Debut Tomorrow in Shanghai

Reading Time: < 1 minute

Last Updated on January 8, 2007 by stlplace

The party is finally here. The ticker symbol is 601628 (not available at Yahoo Finance yet), it was priced at 18.88 (lots of 8 here). And it could go to 30s (note I usually make wrong guess, so take it for what it worth…)

The ticker symbol in Hongkong is 2628.HK (from Yahoo Finance). And LFC is the ticker symbol at NYSE.

Disclosure: I don’t have any postions on this.

Follow up (08Jan07, 7:48PM Central time): it opened 37.00 Yuan, up 96% from 18.88.

china life insurance LFC