Category: Shanghai Composite

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Shanghai Composite

Hongqiao airport, bus, railway and subway stations

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I think I started to stay at the Hyatt Hongqiao CBD in late 2017, when they was newly opened. One advantage of the hotel is it’s very close to the Hongqiao Railway Station, sometimes people call it Hongqiao Gao’tie Zhan in Chinese 虹桥高铁站.

But the first time I went from the railway station to my hotel, I almost got lost (I included a YT Video explaining it below). The main reason was at the time I didn’t have a good map. Here, I am showing you how to walk from Hongqiao Railway Station to the Hongqiao Hub and Shenhong Road (where Hyatt Place Hongqiao CBD hotel is).

I also made a few other YT videos for Hong’qiao Hub which is across the street (Shen’hong road) from the Railway station.

Hongqiao Hub one

Hongqiao Hub two

Hongqiao Hub three

Btw, shameless plug, all My YT videos

Old posts

Year 2009 – From Shanghai Pudong PVG to Hongqiao SHA airport

Year 2007 – Hongqiao Shopping Mall

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advice and tips Shanghai Composite

Mixue Bingcheng IPO

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Mixue Bingcheng

RIVAL ARRIVAL World largest fast food chain eyes America after kicking McDonald’s off top spot – menu items start at 15 cents (the-sun.com)

This boba chain you’ve never heard of has more outlets than McDonald’s (CNN Marketplace Asia)

China Bobba Tea, Milk Tea players (most contents are in Chinese, links for each store go to Wikipedia)

蜜雪冰城: 千亿餐饮 IPO，被时代选中的创业者 by 晚点LatePost (their website is not responding, so I just post their YT channel here). 2097.HK

喜茶 : last few years (2023, 2024) I noticed their store in Shanghai Hongqiao Hub (see below), after I listened to this Apple podcast. They (疯投圈) actually did two more episodes on milk tea – one and two. My impression is they are the high end, consider this as Starbucks of Chinese fruit tea. Btw, I know it’s useless but fun fact: do you know which area in Shanghai has the most coffee shops? (Hint, see this pop-up store inside Hongqiao Hub). Once I counted there are 7 well known coffee (brands) shops in the area: Starbucks, Canada’s Tim Horton (Tim’s), Man Coffee (Shanghai high end brand), Luckin coffee, etc.

古茗：晚点对话古茗王云安：得三四线者得天下 also by 晚点LatePost

霸王茶姬: 霸王茶姬（英语：CHAGEE）是一家中国茶饮连锁经营品牌，主打“原叶茶+鲜奶”的“鲜奶茶”饮品。霸王茶姬于2017年6月由张俊杰创立，品牌名称源自京剧经典曲目《霸王别姬》，标识为水墨风格的虞姬形象，主要售卖水果茶、奶茶等现制茶饮饮品。同年11月17日，首家门店在云南昆明五一路开业，其后发展为中国西南地区的知名茶饮品牌。2019年，开始进军海外，先后进入马来西亚、新加坡、泰国等东南亚市场。2021年6月，总部由昆明迁往成都。2021年9月，霸王茶姬对品牌进行升级改造，使用全新英文名称“CHAGEE” ，标识改为白底红色的京剧花旦脸谱，参考奢侈品门店风格设计新门店，并加入中国古建筑中的榫卯结构，全国首家旗舰店在成都春熙路开业[1] 。(Update 2025-12-01 Just noticed they are listed in the USA and Nasdaq now, with ticker symbol CHA). If you looked at the stock price history, it’s a good way to lose money if you bought the stock at the debut.

茶颜悦色: 是中国湖南省长沙市的一个中式古风茶饮品牌，由吕良创立于2013年，经营着多家连锁茶饮店，目前仅在湖南、湖北、江苏、重庆开设分店[1]。茶颜悦色在制作茶饮时强调“中茶西做”，是长沙最受欢迎的本土茶饮店。在形象上，茶颜悦色的商标图、饮料名称、包装、店铺装修等都体现了传统的中国古典风格[2]。

茶百道: 2555.HK. 一年卖超10亿杯，会员超1亿：茶百道，要上市了.

2021年，奈雪的茶率先在港交所上市，成为“新式茶饮第一股” 2150.HK；2024年，茶百道也登陆港交所，成为“加盟制茶饮第一股”；今年2月，古茗完成了港交所挂牌上市 1364.HK。

I would be very careful buying any of their stocks.

Guming – 古茗HKG:136410.94
Mixue Bingcheng – 蜜雪冰城HKG:2097297new IPO
Nayuki – 奈雪的茶HKG:21501.57
ChaPanda – 茶百道HKG:25559.09
4 Listed Chinese Tea Companies in HKSE stock prices as of 03-05-2025

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Fun Life Life Tips Shanghai Composite

Weekend thoughts 04-24-2022

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The spring finally came, or one can argue the temperature yesterday in St. Louis is like summer (above 80 Fahrenheit). I already cut grass once, and this morning I did a bit more yard work. I like yard work, to some extent. It made me to move a bit, in addition to run / walk I did from time to time. I signed up a few more races in May, btw. Such as this Jim Schoemehl 10k run for ALS (May 7 Saturday), and St. Charles Half Marathon (May 15 Sunday). I have another 5K upcoming, but I will hold it as a secret for now.

More random thoughts: yesterday evening Serenity was talking to a friend about my job, and parents job in general. Her comment is interesting: my dad does twitter and stock trading in addition to his software engineer job. I guess I need to be more serious about my day job and cut down on both tweeting and stocks.

Another slightly interesting discussion, in the car (minivan) Serenity (my 6th grader) talked to my 2nd grader about sex / gender, I don’t recall how the discussion started. But it reminded me of the Florida law, and I commented perhaps we should hold on talking too much on this topic with Sophia. How about we talk more when she is 4th grader 🙂

In Peson Events

On past Friday evening, I went to an event, which is for LEF Ladue Education Foundation fund raising (online auction website here). From April the school and many other places seem much more open in terms of large gathering (like pre-pandemic), I was able to see people in person at more events, and it’s a bit thrill. It started with a work related conference “no fluff just stuff” java conference. I am not a big social person, but I think for many people me included, seeing colleagues or old friends after a long time (more than 2 years) was a bit unreal.

Stock Market

Last week the market didn’t do well.

YouTube videos I watched recently

加拿大 移民 | 985大学毕业，移民加拿大炸薯条，剁肉，送餐……

加拿大 移民 | 47岁DIY移民加拿大，从端盘子做起，如今笑的比蜜甜

Shanghai Lockdown Week 4: FREE AT LAST???

True stories under current Shanghai COVID-19 lockdown丨43/25,000,000

2022年中国真实做电商的中产家庭，也是难上加难，还要帮小舅子找工作

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Shanghai Composite

Chinese stock market, Robinhood trade referral

Reading Time: 2 minutesNote I have not talked about Chinese stock market for a long time (this is last time I talked, 2007 when I spent 6 months in China). It gets interesting lately because of its big drop and swing. Keep it a bit in perspective, the Chinese stock index Shanghai composite did not do well in last 5 or 10 years, compared to S&P 500 or Neikei. But last year it did very well, then followed by a big drop lately. I think a lot people just looked at the big drop, while forget about the 12 month or 5/10 year chart.

Robinhood, the free trade platform on smartphone, is giving some new invitations . Here is the Link, if you use it to sign up, you get $5 and I will get $5 too. So it’s a win win 🙂

1-year chart (Shanghai Composite vs. Nikkei vs. S&P 500)
SSE_NIKKEI_SNP500_1_year

5-year chart (Shanghai Composite vs. Nikkei vs. S&P 500)
SSE_NIKKEI_SNP_5_years

10-year chart (Shanghai Composite vs. Nikkei vs. S&P 500)
SSE_NIKKEI_SNP500_10_year

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Chinese articles Shanghai Composite

China real estate market

Reading Time: 3 minutes炒房揭秘内幕(translation by Google translate below). Let me summarize because Google translate did not do a good job. The guy was in pawn business. He used little own money to buy a house (he borrowed the money from bank). When the one year loan is due, he was very worried because his money is stuck in his business. The bank loan officer tell him not worry, just sell his house to his wife for a higher price (let his wife get a larger loan to pay off his first loan), in the process the loan officer will get a cut.

This seems just like the zero down payment, ARM rate in the US housing market a few years ago. All the hope was based on the rise of housing price. If the housing price plummet, obviously the banks will be left to hold bags (in China the mortgages are not securitilized).

Here is text generated by Google translate:

Continue reading “China real estate market”
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Shanghai Composite

China stimulus package and market

Reading Time: 2 minutesShanghai housing price heated up again recently, according to famous Shanghai blogger Wang Jianshuo. It’s no secret the stock market (Shanghai composite index) rebounded from 1,700 in last Oct. to 3,400 in last couple days, an 100% increase.

CNN had an article How to say bubble in Mandarin. Video below.

Continue reading “China stimulus package and market”
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Shanghai Composite

Mr. Market turned face

Reading Time: < 1 minuteSome signs of the stock market is cracking:

1) The leaders such as Google (Nasdaq: GOOG), Apple (Nasdaq: AAPL), Berkshire Hathaway (NYSE: BRK.A, BRK.B) are retreating.

2) CIC is thinking about buying equities again, Renaissance Technologies is one option (last time CIC pulled trigger, it bought Blackstone pre-IPO at top).

3) Goldman Sach is selling. It sold a stake in ICBC recently.

4) Last but not least: US CEOs still pessimistic about economy.

Two leaders in this globe

Continue reading “Mr. Market turned face”
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401k and Personal Finance Shanghai Composite

Investing in China: I

Reading Time: < 1 minuteI have talked about investing in China many times in this blog. Recently a good friend of my wife asked this question: how to protect her parents retirement (life style) now that they are near retirement?

I think this is a very good question, also a very common one. Recently I read Charlie Munger’s book Poor Charile’s Almanac, and he said three stocks are enought (diversified) if they are good stocks and the person trully understands it. I agree.

So, let me apply this three stocks approach and run a hypertheoritical portfolio for my wife’s friend (‘s parents 🙂

The first stock comes to mind is 601628.SS, China Life Insurance (NYSE: LFC; HKSE: 2628.HK). I talked China Life couple times, during its Shanghai IPO (secondary offering to be precise), and “Got Yuan” post. I believe China Life is uniquely positioned to take advantage of weakened competitors (China Ping’An and AIG China subsidiary), and this down market.

China Life Insurance logo

Continue reading “Investing in China: I”
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Beijing Olympics Shanghai Composite

Disappointing moment

Reading Time: < 1 minuteObviously when Chinese track star Liu Xiang quit the race due to heel injury, we are all disappointed. Not only the fact he could not get a “face saving” gold medal, and he is China’s only hope on track and field (at least from men side); but also the fact we did not know how serious his injury was. At the same thing, I can fully appreciate the pressure on him, imagine 1.3 billion put hope on me. I would not think about that probability. My wife has a lot sympathy for Liu Xiang, but I rebutted “at least he is far richer than most of Chinese” 🙂

Stock market
China TechFaith also disappoints:
From Reuters, UPDATE 2-China TechFaith gives weak Q3 outlook; to cut jobs. So CNTF is following Spreadtrum SPRD’s step. Don’t try to bottom fish on them yet! I expect the handset business in China continues to be challenging, for the near future.

The broader market:
The US market goes sideways as financials and consumer spending continue the downward pressure. In China, the mood is much pessimistic, as the Shanghai composite drop around 2300, the lowest since early 2006. So are we heading to a real estate crash in China? Let’s me borrow one word from Mr. Greenspan, it’s possible, but unlikely.

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Beijing Olympics Shanghai Composite

Olympics official starts, market, tax refund

Reading Time: < 1 minuteBeijing Olympics offically started just couple hours ago. Thanks to NBC pursuit of rating and advertising dollars, US auduiences won’t see live broadcast of the opening ceremony. A video playback will be shown tonight at 6:30 PM at local NBC channel (KSDK channel 5 in the case of St. Louis). It will last 4.5 hrs.

Sadly as I expected (did I sound like Dai Tou Da Ge), Shangai Composite Index dropped nearly 5% in this historical opening day. It seems neither fund managers nor retail investors (Shan Hu) are listening to president Hu’s advice, which is to have a strong and balanced stock market. Maybe those people will regret it sometime later?

On a positive note, I received my federal tax refund today. Just in time for more stock bargain hunting when CitiGroup and Merril are bailing out? My wife will not like this idea 🙂