stlplace

The following is copied from the bbs at world famous mit. I pasted it here so people in China can get to it. The article explains the career path of wall street. For ordinary investors who are not going to wall street, this article also explains how finance works…IBD stands for investment banking division. Let [...]

The market is full of news these days, and it looks like the drama will be on for a while. But will “tape reading all the time” be helpful for investing? Interestingly I read an abstract of an article on this topic (written by a finance professor at Wash. U.), his conclusion is no. In [...]

With the Chinese goverment recent policy of “opening H shares to domestic investors”, there are three ways to buy H shares for China domestic investors, and people with different investment objectives and pockets can pick and choose. 1) QDII: there are many bank issued QDII products. Those products mostly invest in H shares, and it’s [...]

Last Saturday we went to Xu Jia Hui, one of the better known shopping centers in Shanghai. I voguely remember there were not too much when my bro and I visited there in 1991. It was completely developed in last 15 years. There are many stores, including Gang Hui Plaza, Metro City, etc. We found [...]

I found some interesting articles about AT&T and IBM. They are written by Wu Jun, a research scientist at Google. I like Wu Jun’s writing style (humorous), and his business perspective of the two companies (very good). Here is the link to AT&T articles; and here is link to IBM series. Both are in Chinese, [...]

The Shanghai Composites Index closed above 5000 the first time on August 23, Thursday. The interesting thing is, this time Chinese goverment is not as nervous as last time around (May 30), because this run up is largely drived by so-called blue chips: especially large banks where the goverment is the majority owner (ICBC, BOC,…). [...]

I am resuming this series as I am in Shanghai, and I got first hand look at the consumer spending here. Travel industry grew very fast in recent years due to several factors: 1) The golden week, where people got one week break in Chinese New Year, May 1, and Oct 1; 2) People have [...]

This morning on my way to work, I passed by an ICBC branch, seeing many people on the line, I turned around to take a picture. Then…I got hit by a bicycle. It’s nothing serious, but one won’t feel good about it. My point here is be careful about traffic when in China, the rule [...]

Found the following video clip at Tudou, the China’s very own YouTube. The content pushed the envelop a little so don’t play it before your boss, coworker or kids. I haven’t verified whether this is indeed from a class break of New Oriental. This (in a very small way) reflects the entertainment of China generation [...]

I had some free time the other evening, so I walked around the Hongqiao Shanghai City (or Hongqiao Parkson as known to many people), and took some pictures. Outside view: