Reading Time: 2 minutes One thing I noticed during China trip is it’s difficult for college graduates to find a decent paid job. This applies to the graduate student too. I don’t have statistics but this is what I heard from friends, relatives, and the media. This reminds me a similar trend in the US, in recent years college graduates here
Reading Time: < 1 minute You can read all this in JRJ.com if you know Chinese. My take on this is policy only works when market does not anticipate this. This time China Central Bank did give the investors (speculators) a surprise. But fundamentally, the growth of economy won’t slow down, and the company earning growth should continue for a while. Even in
Reading Time: < 1 minute I got it in email. The Seattle’s Best Coffee is opening stores in the Borders Creve Coeur and South county stores (it already opened in Borders Chesterfield and Brentwood). Here is the link for coupon. As you may know, Starbucks also started in Seattle in 1970s.
Reading Time: < 1 minute Reuters has an excellent article on this. I don’t need to say anything more. Yes I will buy more Starbucks if it hits 27. Separately, I started the trial offer of Netflix, the online DVD (movie) rental service. It’s very easy to use, and one important feature I notice is: they will always send a
Reading Time: < 1 minute Today is Tuesday May 15, the Chinese market had a huge sell down today. I don’t know the reason (sometimes the market doen’t need any reason to go down or up). But I think it’s a healthy thing for the China market has some down days in addition to the up days. Good “market risk” education
Reading Time: 2 minutes This is the report. From the Conference call, it appears they made a mistake on the announcement, I believe there was a typo on the first bullet (should be 40% rather than 24.7% YoY if exclude the large bid in 2006) My comments on the results:
Reading Time: < 1 minute I saved an invoice of gas before the trip (early March), it was 2.379 per gallon. When I came back, it went up to 3.049 at the same Shell gas station at my neighbourhood. I don’t know what happened. Maybe I paid too much attention to the Chinese stock market and lose what’s happening in
Reading Time: < 1 minute I came back to St. Louis last night after staying in Shanghai for the last 10 weeks. The united 836 flight from Shanghai to Chicago took about 13 hours; it took another 5 hours to get from ORD to STL (4 hours stop over included). At one point during my 4-hour wait, I thought about driving
Reading Time: < 1 minute (Update) Here is a Chinese article explains more details. The minimum balance is RMB 300,000 to open an account inside China. Other restrictions apply. (Original) I was wondering why the Chinese ADRs all rose today. Although I heard the China central bank is allowing domestic bank buy oversea stocks through QDII. This MarketWatch article connected the
Reading Time: < 1 minute Mindray (meeting announcement): 8:00 PM on May 14, 2007 U.S. Eastern Time (8:00 AM on May 15, 2007 Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows: Hong Kong: +852-3002-1672 US Toll Free: +1-866-271-6130 International: +1-617-213-8894 Passcode for all regions: Mindray Home Inns (meeting announcement): 9 PM on
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