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Fun Stocks

Landlord change and a Haigui blog

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The apartment we rent has experienced ownership change. The current owner can not resist the offer given by new owner (more than 15,000 Yuan per sqr meter), and she sold it. The apartment is about 20 years old, and near Zhongshan park. From my observations newer apartments (5 or 6 years old) in the area can easily fetch 20,000 Yuan. This is the status of Shanghai housing market. Hot, very very hot.

I also found an interesting blog written by a Haigui (I believe). This is westernford at blogbus. I like some of the pictures and words there.

Finanlly I am reading something not about finance, stocks,…

Categories
Fun Stocks

Danbin and Zhu Ping

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I added some Chinese financial blog under “blogroll”. Two notables are Dan Bin (CEO of a private equity in Shenzhen), and Zhu Ping (Guangfa Fund manager, a graduate from Shanghai Univ. of Finance and Economics). Both are disciples of Buffett. Dan Bin bought a share of Berkshire so that he could attend the Berkshire annual shareholder meeting in Omaha.

Here is an interesting story written by Dan Bin.

关于2007年9月11日市场下跌的短信记录: (text message transcript: amid yesterday’s China market drop).

朋友:今天跌得好凶啊,还会跌吗?怕怕的。Friend: What a big drop! Will it continue to drop?
但斌:有可能。 Danbin: It’s possible.
朋友:啊!时间会长吗? Friend: Ouch. Will the drop last long?
但斌:这个上帝知道。 Danbin: Only God knows.
朋友::-(那咋办 Friend: What should I do?
但斌:等我有时间帮你给上帝打个电话问问。
Danbin: hold on, let me call the God and ask the question for you.
……

Categories
Business Fun

iTune at Starbucks

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That’s the new services to be offered by two great companies: Apple and Starbucks. According Seattle Post Intelligence:

Apple’s new wireless iPod music player, iPhone or any laptop computer running iTunes will automatically recognize the iTunes store without a connection fee when customers enter a Starbucks shop that has Wi-Fi access.

Categories
China Fun

Marriott Sanya Resort

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is very nice. Here is the picture taken from “view lounge”. We are looking at world famous Yang Long Bay. I have not been to many beaches in China; but from what I heard Yang Long Bay has the best beach in China.

IMG_5384

The service of Marriott is 5 star. This tripAdvisor review confirmed my view. They are doing a “family package” promotion at this time, so ask about it when booking. Here is their web page.

Last but not least, a trivia question, do you know how many Marriott Resort(s) are there in China? Marriott Hotels?

Categories
China Fun

New Oriental class break

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Found the following video clip at Tudou, the China’s very own YouTube. The content pushed the envelop a little so don’t play it before your boss, coworker or kids. I haven’t verified whether this is indeed from a class break of New Oriental.

This (in a very small way) reflects the entertainment of China generation Y (young people born after 1980, or 80后).

Categories
China Fun

Shanghai snapshot III

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X5?

IMG_5148

maybe not?

Categories
Fun

A bit influential

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I found my blog was listed as “200 most influential personal finance bloggers“, No. 182, at Hustler $$$ Blog.

Thanks, Hustler. I have added a link for your Hustler $$$ blog (under “finance”).

Categories
Fun

Beijing Olympics is one year away

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There are many activies to celebrate this special occassions. Here is the logo at google.cn.

beijing08

Categories
Fun

Faked iPod Nano

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I found this knock off iPod Nano at Taobao, Mr. Ma Yun’s company. Note his big baby Alibaba is preparing for the IPO in Hongkong later this year.

It appears to me this “grey market iPod” looks very much like the real one; and it has its own market, because fashion-chasing teenagers in China want the iPod feeling without breaking their wallet. The asking price is 460 Yuan, note the real iPod nano is about 1,800 Yuan.

I know some of you (Apple shareholders) will not feel happy. Now you can understand how I felt when I saw people buying or wearing knockoff Crocs, as I’m a CROX shareholder 🙂

Categories
Fun

Who cares Mr. Market the most?

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1) Traders, including the grannies sitting in China stock brokage houses.

2) Hedging fund: people who have short positions, options…all these are closely related to the general market, and can have a wider swing than common stocks.

3) Mutual fund: because they have a large portifolio, they are exposed to the general market condition (weak, strong, swing etc.)

4) Economist and reporters: it’s economist job to predict the economy; and it’s reporters’ job to report the market.