stlplace

Let’s take a break from the bad economy and stock market news, from China to US. Today is MLB opening day, St. Louis Cardinals will face Colorado Rockies at Busch Stadium.
After living in St. Louis for more than 7 years (and in the show me state for more than 10), I started to appreciate […]

There are lots of talk about Chinese A shares market these days, both because of the big drop lately, and because of the in-action of the goverment. You can read the two Chinese articles (one supports inaction, another cries for goverment action), if you know Chinese. I don’t want to get into the debate of […]

Finally St. Louis gas price is exceeding $3 a gallon. Today marks the first day my gas bill exceeded $40 ($3.179 * 13.105 gallons = $41.66).
I am not complaining, as I know people around the world are paying a much higher price for gas, or paying a higher percentage of their disposal income for […]

It’s official, the Hangzhou Bay bridge, which connects Ningbo (my hometown) and Shanghai (to be more precise, connects Ci Xi to Jiang Xing 南起浙江宁波慈溪市，北至浙江嘉兴海盐县), will open on this May, according to Ningbo goverment offical. Chinese news from Xinhuanet here.

(source: sohu)
At this time this is the longest sea crossing bridge in the world (36 km, […]

The Shanghai composites index hit a new YTD low last night (US time), with the help from PetroChina (PTR, 601857.SS) nearly 9% loss. Note PTR has 20% weight on the Shanghai index. Fundamentally, the Chinese public companies will have tough comparison this year. Last year with the effect of new accounting method (does this sounds […]

There were some big news in the US wireless arena last week. Verizon and AT&T won the auction of some new wireless spectrum, Google did not win the spectrum (see the details at NYTimes). Do you know how much Verizon paid for the new spectrum? $9.6 billion. Imagine a similar scenario in China, how much […]

Zhu Ping (朱平) is the chief investment officer (投资总监) of Guang Fa fund(广发基金), I have a lot of respect for him not because he went to the same graduate school I went (Shanghai Univ. of Finance and Economics); but rather he is an independent thinker, has a good track record managing the funds, has a […]

Financial Times did a Top 10 Chinese global brands survey recently. And here are the winners. Did you notice anything interesting?
I noticed BoC, Air China, China Mobile, China Telecom, Sinopec, CCB are state owned (majority owned); while Lenovo, Tsingtao beer, Haier and Baidu are public companies. I am a little puzzeled why ICBC and […]

As you may aware, terrible things happened in Lasha (China) a few days ago. It is reported 5 young girls who worked for an apparel shop were killed in the riot (in this particular case, arson set by the thugs). I noticed the last text message one of the girl sent to her father is: […]

It was a short while ago (last Nov) Alibaba did its high profile IPO in Hongkong. Now it’s back in the news again. Don’t get me wrong, Jack Ma (Ma Yun), the founder and Chairman of Ali, was always in the news. I remember a few years ago (when the company was private) he said […]