Reading Time: 2 minutes I would like shift my focus away from the stock market, and dedicate this special day to Nanjing and Chinese people all over the world. Nanjing is the sister city of Saint Louis. Many Chinese people (e.g., my friend Wang Jianshuo) know the Nanjing Masasccre happened 70 years ago. Couple days ago I heard a
Reading Time: < 1 minute came to the US (NYSE) today. One is VanceInfo, which I mentioned earlier in an earlier post. Quote myself: “Also, I noticed the first Chinese software outsourcing company, VanceInfo, is going IPO in NYSE. Here is the prospectus. One word of caution: from my own experience, the Dec IPO ususally is not going to be
Reading Time: < 1 minute For a Chinese 中文 version of this, click on my wife’s MSN blog. The 2nd round of ticketing booking just got started. Here is the offical web site for Beijing 2008 tickets (Chinese, English). I understand they only take Visa (official sponsor of Olympics), and fund from Bank of China 中国银行 acct. Actually they sell
Reading Time: < 1 minute Roll over IRA In early Nov. I received a letter from Vanguard, it says I am eligible to transfer some of my 401k to an IRA account. I thought about it, the pros and cons, and decided to do it yesterday. Here are my rationale: 1) Ideally I like to keep all my retirement in
Reading Time: 2 minutes (Update Dec 18) The company raised its IPO price range: now it’s between $16 and $19. I am NOT bidding it. WR Hambrecht sent me an email about Open IPO. This got me to read its prospectus. NetSuite is a new kind of software company co-founded by Larry Ellison, the founder and chairman of Oracle.
Reading Time: 2 minutes If you used your credit card (MasterCard, Visa, Diner) overseas during 1996 to 2006, you may be eligible for a settlement refund. 1) CCF settlement: I received a form from CCF settlement, which stands for currency conversion fee anti-trust litigation. I remember I used my MasterCard in China in 2005 for my Ctrip booking. Now
Reading Time: < 1 minute The loyal visitors of my blog may notice the face lift of this blog. I am using simplicity-10-widgets theme from solosteam webstudio, courtesy of Michael D. Pollock. It is fairly easy to set up but it did take me some time to upgrade my wordpress from 2.0 to 2.2, and get side bars working. I
Reading Time: 2 minutes Week in review Dec 2 to Dec 8 1) All remaining CompUSA stores to be closed (bloomberg). I think it’s understandable from business point of view, because selling computer is a tough business these days. It is a commodity business, and unlike other commodity such as gas or coffee, a customer only buy a new
Reading Time: < 1 minute Vanke is the No. 1 home builder in China. Toll Brothers is a US luxury home builder. Comparing the profitability of those two are not really comparing apple to apple. But, the buyers of Vanke homes in China are mostly middle class, or in other words, their relative affulence level in China is about same
Reading Time: < 1 minute But it appears he hates Chinese. Here is something this popular TV host said on CNBC Mad Money (Dec. 5): Tiring of “the idea that money is any different depending on where it came from,” Cramer acknowledged, “I hate the Chinese … [but] if they buy a stake in our company, what’re you going to
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