Categories
Web

GSeeker no longer update

Reading Time: < 1 minute

Last Updated on June 20, 2008 by stlplace

I am a tech guy, and not surprisingly I like Google. A while ago I found this gseeker blog which talks extensively about Google products in Chinese. Although I shifted my interest to finance in recent years, I read gseeker almost everyday, and it was like a friend to me. Now this relationship comes to an end. Creative Weblogging, which owns gseeker domain name and the content, decided to cease its Chinese operation. It’s sad.

The good thing is KenWong, the author of gseeker and gseeker vision, still maintains a personal blog here. To be honest, I found out gseeker vision just today. It was cool.

Another interesting thing I notice is CW asked $20 k for the GSeeker domain name and the content, when Ken and his friend asked to buy. Not a small sum for Ken. (quote gseeker, CW对GSeeker域名及内容的开价是20K,美元。我肯定是没这么多钱买了,但我也远没有想到我的blog竟然能值十几万人民币。)

PS, another blog which I like but no longer up-to-date is letsthinkchina, written by my friend Zhong Siwei.

Categories
Shanghai Composite

Reasons behind big drop in China market

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Last Updated on June 20, 2008 by stlplace

Fundamentals
The common census is China economy growth will slow down significantly, due to the slow down from export (trouble in US economy); rising inflation (food, oil etc.)

The rights of minority shareholders are also not protected as well as mature market, because in some cases the management cooked up the accounting books, and get away from it.

The flaws in market itself
Recent arrest of former vice head of China securities regulatory commission (Wang Yi): people fear this is not an isolated event, and bigger fish will be caught as this thing unravels. Insider trading was rampant and still is prevalent in China. Insider trading reduces the confidence of long term investors, people just want to make quick money and run.

Categories
Saint Louis

Flood

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Last Updated on June 23, 2008 by stlplace

It seems the market is not the only thing that is testing our mind/heart/nerve/will, the midwest flood has also caused substantial demage to WI, IA, IL and the Show Me state. Couple days ago the levee at Hanibal broke. Don’t know if the Mark Twain museum there has been demaged?