Weekend review w/e 072608

Reading Time: < 1 minute A subdued Olympics rally? The Olympics is coming. But we are not seeing much sign of an Olympics stock market rally, both in Shanghai, or in New York. The Shanghai composite index is barely above 52 week low, at around 2800 to 2900 range. Two of the Beijing 2008 Sponsors, China Mobile (NYSE: CHL) and… Continue reading Weekend review w/e 072608

Apple launches store in Beijing, earning

Reading Time: 2 minutes Apple launched its first China store in Beijing last Saturday, with 2000 fans waiting outside, including some celebrity names such as Lu Yu (Phoenix TV), Cui Jian (China rock star) etc. You can see the scenes of Apple launch at Sina (Chinese), or preview pictures at David Feng. The Sina picture reminds me of the… Continue reading Apple launches store in Beijing, earning

Weekend review w/e 071908

Reading Time: 2 minutes (What a week, Yahoo Tech-ticker, link) China’s role in the Fannie/Freddie mess As Fannie/Freddie crisis deepens, people find China in akward postion because China is the largest holder of 2F’s bonds: total $376.3 billion. I don’t know exactly how China got into this mess, but I think one reason is decision maker in China must… Continue reading Weekend review w/e 071908

GDP and stock options

Reading Time: < 1 minute GRE analogy problem China GDP number: politicians vs. Corporate earning: executives stock options Hint: the local officials pump up the GDP numbers so that they can get promoted; the corporate CEO/CFO pump up the earning number so that their stock options will be more valuable. Of course in an ideal world, when the law is… Continue reading GDP and stock options

The effect of new media

Reading Time: 2 minutes Yesterday was a special day in modern China’s history. This is a time the leaders don’t want to talk about, and generation Y (young people born after 1980s) don’t know much about. I was a high school senior at the time, and we worried we would get into a sort of cultural revolution considering chaotic… Continue reading The effect of new media

What Wangshi and KFC dont know

Reading Time: 3 minutes We all know the terrible earthquake happened in China, and the Chinese goverment and people are doing the best helping the survivors. There are many many heart touching stories since May 12 when the quake hit. NPR Melissa Block and Robert Siegal (read their Chengdu diary) did a good job from a foreign journalist perspective.… Continue reading What Wangshi and KFC dont know

Where to donate for China earthquake?

Reading Time: 2 minutes (Update May15) My friend Sun also set up a donation page for earthquake relief. He even put up a challenge (match) for Paypal donors. Kudos to him. I sent a check of $51.20 to OSCCF today. (Source: NPR.org, more pictures from NPR) (Original) There are lots of organizations one can donate for the China earthquake,… Continue reading Where to donate for China earthquake?