The Mystery of Xinhua Finance

Here is a Chinese article talking about the history of the Xinhua Finance, Xinhua Finance Media Limited (Nasdaq: XFML), and its founder Ms. Fredy Bush. Quote the article, Xinhua Finance claimed “如果你生活在中国,清晨醒来打开电视就能看到收视率最高的节目之一:《财富早7点》。乘车上班途中,可以收听到中国国际广播电台EasyFM的节目。路过报刊亭可以见到《经济观察报》、《投资有道》和《基金观察》。” This is not necessarily true, I could NOT see the “Fortune Morning (7 AM)” in Shanghai on TV. If a Financial TV program […]

Xinhua Finance Media XFML Update

I really don’t want to talk this stock any more. But thought I may shed some light on this company’ new controversy, here is an article from market watch. To put long words short, Xinhua Finance Media Limited, failed to mention its CFO was under SEC investigation in its IPO prospectus. I don’t know legal side of the things, it […]

Xinhua Finance Media IPO Fiasco

Xinhua Finance Media Limited (XFML) did not turn out to be another Home Inns or New Oriental, at its IPO debut last Friday. Besides the difference of market sentiment then and now, I think the fundamental reason lies within the company and the business itself. First Xinhua Finance is in the media and advertising business. Note media industry is […]

Xinhua Finance Media Limited XFML IPO

I received an Email from my broker WR Hambrecht asking me if I am interested in Xinhua Finance IPO. I talked it a little in a previous post; now I feel it’s not another Maritz. Also after yesterday’s crash, I got a little warmed up on it. So I called them and indicated my interest. Don’t know if I will get […]

Xinhua Finance Media Limited IPO

Found this through my friend thesunsfinancialdiary. I briefly went through their F1 prospectus. I had to admit I’m not in best position to evaluate their business: they have 5 divisions providing services from creating adverstisement to customer research. I can think of a St. Louis based privately held company called Maritz which does something similar: they organized conferences for other companies, send […]