Reading Time: < 1 minute I remember in the old days (15 years ago) it took 8 hours to travel from Shanghai to Ningbo. Now it took less than 4 hours. They are raising the speed again this year, according to the news. The D series train is expected to travel at 200 Km per hour, much faster than 40
Reading Time: < 1 minute Hit new high today, it closed above 3500 today (3531 to be exact). I heard from the news on April 9, there were 180,000 new stock trading accounts being opened. As you may know the new accounts and trading volume of 1st quarter already exceeded last year’s No. Feel the power of Chinese stock investors
Reading Time: < 1 minute (Updated April 16) I placed my bid through WR Hambrecht today. I mentioned this a while ago. Today I received email from WR Hambrecht. The bid starts on April 16. Last Nov I opened the acct at WR Hambrecht in order to get the IBKR open IPO. But I was not disiplined enough, end up picking up other
Reading Time: 2 minutes I started using online banking a few months ago because I want to check out the balance in my account (at the time I was in the US, there are no ATMs I can go check my balance). This is reletively simple at cmbchina, after you install an ActiveX control from the bank. Some open
Reading Time: < 1 minute Enough praises for Shanghai, let’s look at the other side of the coin. Traffic, very few cars will stop and wait for pedestrains to pass, from time to time a bike would zip through (in front of) you; Cigarette smoking is prevalent in restaurants, sometimes I think about smoking myself because I heard it’s safer than second hand smoke;
Reading Time: < 1 minute These days this stock index future is a hot topic in Chinese market. You can read lots of discussion on the web. The concensus is the index will need some sort of adjustment before the debut of index futures. Because most people feel the Shanghai Composite Index is too high (almost 3400 as of today),
Reading Time: < 1 minute Sogou, the new search engine from Sohu, has a ranking for every web site. I went to their web site, and checked out the following web sites:baidu (type in link:www.baidu.com in the blank and hit “search”, do similar for the other sites), netease, sina, sohu and stlplace. Here are their scores: baidu: 90, sohu: 81, sina: 72,
Reading Time: < 1 minute I noticed this “English First Co.”, which is 2008 Beijing Olympics language training partner, because of their ubiquious ads (outside and inside) Cloud 9 building. I understand there are at least 2 levels of Olympics partners. Lenovo, Haier and Coke Cola, etc are exclusive sponsors (in its product category). In other words, they gave more money to Olympics committe and they got more
Reading Time: < 1 minute Fuwei Film (FFHL) stock got a 22% jump today after it announced a very good earning report. Interestingly, I was thinking about this little known company lately. Why? Because I noticed a few days ago it got upgrade from Maxim analyst. The stock went up about 10% and dropped back to 10 in a few days. More importantly, I
Reading Time: < 1 minute The first quarter is behind us. Just like a public company reporting quarterly results and holding conference call, I am going to do a quick review of my little portfolio. This quarter is a quite rollercoaster for me, as it did for many investors. The Jan and Feb started fairly strong and at one time I
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