Month: December 2006

Reading Time: < 1 minute I found out the Sun’s Financial Diary when I was doing Google search on LFC. The author is a China born Engineer currently working in the States. I liked this blog because it has lots of good stuff about personal finance, the author even put up the real number for his income, tax and investment,

stlplace
December 27, 2006

Reading Time: < 1 minute It’s priced at RMB 18.88 per share, and it will go out of gate on Jan 9, 2007 in Shanghai. Today its US ADR LFC closed at $138.42. Note each ADR represents 40 shares of A share (in Shanghai). Consider today’s USD CNY conversion rate, 1 USD = 7.825 CNY. 138.42*7.825/40 = CNY 27.08 Assume

stlplace
December 27, 2006

Reading Time: < 1 minute I did not realized the China Life Insurance (LFC) is going IPO in Shanghai Stock Exchange (A shares) until a few days ago. I did a little research on the web and found out there are quite a few big cap Chinese ADRs are going this route: Guangshen Railway (GSH) and Aluminum China (ACH) are another two. Here

stlplace
December 21, 2006

Reading Time: < 1 minute Went to the BB’s Jazz, Blues and Soup at 700 South Broadway, which is quite a blast. This is my first time to a Jazz bar, although I have listened to the Jazz on NPR in the Sunday evenings for a long time. I thought about going to New Orleans, which is the birth place

stlplace
December 21, 2006

Reading Time: 2 minutes I went to the SA store at Brentwood, and I saw they emptied half of the shelf which was originally for Heelys (they put on some Under Armour socks instead). Is that a sign they are sold out? I don’t know. But one thing I do know SA usually have all the available shoes on the shelf, in other

stlplace
December 19, 2006

Reading Time: 2 minutes eBay’s China effort took a big hit today, or use eBay’s own term, they are adopting a “new strategy” in the China C2C market: they are going to team up with Tom Online on the online auction site. Whatever the term they use, the real story is they were losing market share ever since they

stlplace
December 19, 2006

Reading Time: 2 minutes “Over-worry” is probablly not a good word to describe the Americans because if you go to malls these days, you know why: people are shopping like everything is free. Just kidding. I do think the consumer spending of developed nations especially the US is a big driver for the economy growth in developing countries such

stlplace
December 18, 2006

Reading Time: 2 minutes I got my Heelys on Friday. Have not tried to “heel” yet because I don’t want to hurt myself before Christmas. But I did some store visits for Heelys and found the buzz is still there. I also did some check on eBay, which I think is a better indicator than the local store numbers. Here are my findings on

stlplace
December 17, 2006

Reading Time: < 1 minute The malls are packed with people these days, and finding a parking spot is not easy. While online shopping is becoming a norm in this web 2.0 era, it seems to me the joy of windows shopping can not be replaced by the mouse click. OK, here are the list of things I considered to be

stlplace
December 15, 2006

Reading Time: 2 minutes Did more “Heelys” search on eBay since now I am Heelys stock holder. (12Dec06) There are 1628 results using keyword “Heelys”. They include the shoes, safety gears (helmet, wrist, elbow, knee pads), and accessories (caps, T-shirt). There are both new and old items (for the shoes). It seems used ones are also sold well if they are

stlplace
December 12, 2006
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