Reading Time: 2 minutes Wheat, Rice Couple weeks ago I noticed Panera raised its bagel price from 95 cents to $1.01, because of the sharp rise of wheat price. We all know bread flour is made from wheat. The wheat price has been up 50% in last 6 months, due to draught in key wheat producing country Australia. Interestingly
Reading Time: 2 minutes Yesterday was a quite amazing day for stock market. The US market (Dow, S&P, and Nasdaq) went up the most in 5 years, after the dear friend of Wall Street (Mr. Ben Bernanke) cut the interest rate by 0.75%. Here are details in the news (Dow 416 points gain, Fed rate cut sends market soaring).
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 Read this post from WesternFord, and found those beautiful pictures taken in Wuhan Univ. and Huangzhou Univ of Science and Technology. It reminded me the college days at HUST. Hope to visit it again in the near future, last time I visited was year 2002. While Huazhong is mostly an engineering school, it also has
Reading Time: < 1 minute Well, except Wall Street, I have plenty of people to be thankful about… 1) My parents and my family members: without you I will not be where I am today. Or maybe I will be an investor banker (more likely a financial analyst) in Shanghai? Just kidding. 2) My wife and her family members: there
Reading Time: 2 minutes Stocks Vanke (00002.SZ) expects a 100% to 150% profit growth in 2007 (vs. 2006). That translated to a 67% to 100% increase of earning per share. Chairman Wang Shi is saying the China real estate industry is still fragmented: Vanke has 1.25% of market share. Longtop Financial (LFT), the new IPO, is under pressure today.
Reading Time: < 1 minute I don’t know if you notice this is 桂花 sweet osmanthus season again. On my way to work, I can smell it. Such as this one (on Changning Rd. near China Merchants Bank). I liked 桂花 because in my primary school, we used to have one or two trees, and we can smell it during
Reading Time: 2 minutes Xiao Ke is a German guy. His wife Kiki is my wife’s elder sister. They came back home to see the family, friends, and do some sight seeing. I think Xiao Ke is the first German guy I ever talked to. He has very good understanding of Chinese and Germany culture/philosophies. I’m curious to learn
Reading Time: < 1 minute The market is full of news these days, and it looks like the drama will be on for a while. But will “tape reading all the time” be helpful for investing? Interestingly I read an abstract of an article on this topic (written by a finance professor at Wash. U.), his conclusion is no. In
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