Weekend review w/e 072608

A subdued Olympics rally? The Olympics is coming. But we are not seeing much sign of an Olympics stock market rally, both in Shanghai, or in New York. The Shanghai composite index is barely above 52 week low, at around 2800 to 2900 range. Two of the Beijing 2008 Sponsors, China Mobile (NYSE: CHL) and […]

Sohu and Chinese Internet Companies

The other day I saw Charles Zhang Chaoyang on the “Boss town”, No. 1 Caijing’s (China-CBN) talk show between CEO and guest commentators. This reminded me that Chinese Internet companies are coming of age. Two interesting stories Charles told on the show: 1) Two MIT professors are the earliest investors for Sohu, they put in […]

Olympics Effect on Chinese Companies

I listened to the conference call of Sohu and Ctrip lately. Not surprisingly, both companies mentioned the positive effect of 2008 Beijing Olympics. Sohu is the Internet content service sponsor, and Ctrip should enjoy the booming of China travel industry before Olympics. But I think this Olympics effect is already priced in the stocks, and to make things […]