Reading Time: 2 minutes I found this one from China Business Feature. Some of the interesting paragraphs: How they started the R&D of medical devices? “But unlike other distributors, Xu Hang, who holds a degree in medical engineering, started independent innovation of some products in 1992. Mindray’s first products included China’s first single-parameter blood oxygen saturation monitor. “At the
Reading Time: 2 minutes It’s the Chinese Yuan (CNY), or Ren Ming Bi (people’s money). In early march, when I was in Shanghai, one USD is worth 7.72 Yuan, now it’s about 7.56 Yuan, a loss of about 2% in about 4 months. It appears this trend is not going to stop for a while. This is scary if
Reading Time: < 1 minute in its fiscal Q4 2007 earning. The analysts were expecting 1 cent, while EDU reports loss of 4 cents. Ouch, that’s even worse than last week’s Google’s miss (3 cents). Seriously, I don’t think missing a few pennies is not big deal for long term investors. But the reason behind the miss is more important.
Reading Time: < 1 minute made history today. I am talking about the YouTube CNN Democrats Presidential Canidates debates. While people are talking about who won the debates, I think both Google (GOOG) which owns YouTube, and CNN (owned by Time Warner, TWX) won this thing. Finally YouTube starts to get serious? And CNN is fun to watch (especially for
Reading Time: < 1 minute MR closed above HMIN the first time since its IPO last Sept. MR closed at 30.89, while HMIN closed at 30.81. This comparison is mostly for fun. But seriously I do think HMIN is increasing under competitive pressure in China. Here is another hotel chain, Hanting Hotels, founded by Ji Qi, the co-founder of Ctrip
Reading Time: < 1 minute Today I saw in the news that Opsware (OPSW) is bought out by HP. Interestingly, OPSW is one of the first stocks I bought in my Scottrade account. The reason I bought it is simple: it’s being mentioned in the Kiplinger Personal Finance magazine, and its founder and CEO Marc Andreessen is the developer and
Reading Time: < 1 minute 1) Walmart and Sam’s club: my friend thinks wal-mart has the lowest price for most things. He is looking for a mattress, and he asked why “Wal-mart does not carry the mattress”? I think the implied meaning is: he can be sure getting a deal if it’s sold in Walmart. I know many people have
Reading Time: 2 minutes Among Chinese CEOs, I think Wang Shi is real good. I read his book “Road and Dream” lately. Very impressive. Consider what he and his team has done in last 20 years: from nowhere to No. 1 residential real estate developer in China; more importantly, they create a “Vanke” community, the kind of community Chinese
Reading Time: 2 minutes From CNNMoney, the full article is here: I was nine years old, and I walked in to see my father reading the financial pages of the newspaper. And they didn’t look like the sports pages or the comics or whatever. So I asked him what they were. And he said they were financial pages. And
Reading Time: < 1 minute 1) StrengthTrader listed the greatest investors of all time (in Chinese). Among them I am familar with Buffett, Fisher and Lynch. I think Bill Miller is the Peter Lynch in current Mutual Fund world. 2) Alibaba is hiring, they are adding 2,000 people by the end of 2007. Meanwhile, Ali’s little bro Ninetowns is shrinking,
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