Reading Time: < 1 minute Yesterday Dow Industrial closed above 14,000 the first time in history. Many people, bulls, bears, analysts, CEOs, ordinary workers,…all get excited about this. Many US workers have 401k plan, and I bet some of that is invested stocks (indirectly through Mutual Fund). But Dow Industrial is NOT a good indicator of the overall stock market.
Reading Time: < 1 minute Heelys sold 5.1 million pairs of its walk/skate shoes in the US during 2006. Note in the US there are about 36 million kids between age of 6 to 14, Heelys’ core customer. In other words, every one out of 7 kids in the US got a pair of Heelys, which sells from $49.99. The
Reading Time: 2 minutes From the F1 Prospectus: “…Mr. Zhou has over 14 years of experience in China’s real estate industry. Mr. Zhou has been the chairman and president of Shanghai Real Estate Consultant & Sales (Group) Co., Ltd. since 2003. From 1997 to 2003, he served as a director and the general manager of Shanghai Real Estate Exchange
Reading Time: < 1 minute Pacific Epoch is a boutique investment research firm based in Hongkong (and Shanghai?). I read its China financial news from time to time, and liked its content. It also provide services and reports to institutional investors. This is the price tag for translating a Chinese article, $5000 (to see a bigger pic, click below). Man,
Reading Time: < 1 minute (Update July 19) CNNMoney has an article about Mindray (the original article was on IBD). (Original) The annual report is out. You can get it from its IR Home. From first glance, it’s looking sharp (I mean, the graphic design). Second quarter results will be announced on August 6 after US market close (8 AM
Reading Time: 3 minutes China. Hot. Housing market in China? Red hot. Put an “e” (hint: eBay) before that? Sizzling. So do we jump into this sizzling (hot) IPO, just by looking at its name and its business, the residential real estate brokage in China? The answer is obviously No. First a little bit history on Chinese residential housing
Reading Time: 2 minutes I read from PacificEpoch about the filing. From its SEC filing, here is an summary: “We are a leading real estate services company in China based on scope of services, brand recognition and geographic presence. We provide primary real estate agency services, secondary real estate brokerage services as well as real estate consulting and information
Reading Time: < 1 minute But the controversy is not over. Here is a Chinese article talking about the “culture misunderstanding between China and the west”. On a related matter, people are wondering those “American Express” sponsored boards (in English) should remain.
Reading Time: < 1 minute It appears Heelys is well prepared to the new school season. The other day I saw FinishLine has put the Heelys by the front entrance. Today I saw Sports Authority, and Dick’s Sporting Goods have new Heelys on display. Heelys has two seasons: the X’mas (winter) and “back to school” (summer). It will be interesting
Reading Time: 2 minutes These days “Virtualization” and virtualization software maker VMware are hot in both IT world and the Wallstreet. Jim Cramer pumped it as next Google on his “Mad Money” show on CNBC; guys at “Fast Money” (also CNBC) touted it as the next big thing. Both of them encouraging people buy the EMC (parent co. of
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