stlplaceLast Updated on March 12, 2007 by stlplace
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).
Last Updated on March 13, 2007 by stlplace
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 “total net revenues for full year 2007 to be in the range of RMB2,120.0 million to RMB2,150.0 million”, this is about 40% revenue growth over 2006. The international market will be the key growth driver; domestic market is picking up after last year’s anti-corruption campaign.
Interestingly, the market decided to hold a sell off on MR today.
Last Updated on March 14, 2007 by stlplace
Mutual fund is a hot commodity in China these days, as the domestic stock market became really hot in last year. While the mutual fund industry is still in its early stage, I found this Harvest Fund to be impressive. I watched an interview of its manager, Mr. Zhao Xue Jun, at CBN (No. 1 Cai Jing, my default TV setting these days). Here is Harvest Fund (Jia Shi in Chinese) home page and here is an interview of Mr. Zhao by No. 1 Cai Jing News.