Reading Time: < 1 minute We all know the terrible earthquake happened seven days ago (May 12, 14:28 PM) in Sichuan province. Today the while country is mourning the loss of the lives in China. I belive many people in the world share the same loss too. After all, we are living in the same earth (global village). I visited… Continue reading Sichuan Jiu Zhai Gou pictures
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?
Reading Time: 3 minutes Today is Earth day, we are seeing all kinds of “Green talk” from CNBC to Fox News, from Google to WSJ, from Democrats to Republicans. I think this is all good but this environment thing should be done in our everyday lives, not some sort of campaign or movement: when the passion run out or… Continue reading Instead of boycott…
Reading Time: 2 minutes There are lots of discussions (e.g., wang jianshuo) about boycotting French companies lately, after the Paris Olympics torch relay incident, and some France politicians unfriendly move. Now the France supermarket giant Carrefour, which has a large presence in China, will be boycotted on May 1, because (arguably) its main shareholder supports free Tibet organization. Baidu… Continue reading Boycott French products?
Reading Time: < 1 minute It’s official, the Hangzhou Bay bridge, which connects Ningbo (my hometown) and Shanghai (to be more precise, connects Ci Xi to Jiang Xing 南起浙江宁波慈溪市，北至浙江嘉兴海盐县), will open on this May, according to Ningbo goverment offical. Chinese news from Xinhuanet here. (source: sohu) At this time this is the longest sea crossing bridge in the world (36… Continue reading Hangzhou Bay bridge to open
Reading Time: < 1 minute Financial Times did a Top 10 Chinese global brands survey recently. And here are the winners. Did you notice anything interesting? I noticed BoC, Air China, China Mobile, China Telecom, Sinopec, CCB are state owned (majority owned); while Lenovo, Tsingtao beer, Haier and Baidu are public companies. I am a little puzzeled why ICBC and… Continue reading Top 10 Chinese global brands
Reading Time: 2 minutes It was a short while ago (last Nov) Alibaba did its high profile IPO in Hongkong. Now it’s back in the news again. Don’t get me wrong, Jack Ma (Ma Yun), the founder and Chairman of Ali, was always in the news. I remember a few years ago (when the company was private) he said… Continue reading Alibaba update
Reading Time: 2 minutes Bear Stern (NYSE:BSC) spoiled the market today. There was some confusion about Citic Securities recent agreement. As far as I know, according to Bloomberg, there was a small stock swap deal and potential JV. But lately they are under a talk to revise the deal. So nothing like the China Invest Co. Blackstone IPO fiasco.… Continue reading Bear, liquidity, soft commodity
Reading Time: 2 minutes In his annual letter to shareholders, Buffett said the “party is over”. He was referring to the insurance business, which is the cornerstone of Berkshire Hathaway. It appears the party for the economy hotels in China is over too. You can read this Chinese article at Sina if you know Chinese. This is understandable because… Continue reading The economy of China Economy Hotel
Reading Time: 2 minutes Mindray (NYSE:MR) continued its US market expansion today, as it agreed to buy the Patient Monitoring business of DataScope (Nasdaq: DSCP) for $202 m (see this Reuters news). My gut feeling is this is a fair deal. Mindray paid about 1.25 times sales revenue for the unit. According to Reuters: “The (DataScope) unit had total… Continue reading Mindray buys into US market