Reading Time: < 1 minute I watched an interview on China-CBN last night, the guest is a guy from McKinsey, and he is familar with the consumer trend in China. Some interesting points I took down here: 1) China is the No 4. in the world in terms of GDP; I believe China is No. 1 or 2 receipent of

Reading Time: < 1 minute The bubble is continuing to build up. This afternoon I received a call from people try to selling me stocks “We are an investment company. Have you heard about the stocks lately?” Anyone who has not heard stocks must live in the vaccum or Tibet. Stocks are talked in every gathering. I heard people become

Reading Time: < 1 minute I sold all the remaining HLYS shares on Monday May 7 (before the Q1 earning announcement). While I enjoyed my Heelys shoes, the stock (HLYS) did not turn out to be as good as I expected. The main reason is I jumped too early (I bought it in on its IPO debut at 35 and 32).

Reading Time: 2 minutes I am aware Chinese are drinking more milks, juice and soda these days. Some notable names include: MengNiu (2319.HK), Yi Li (600887.SS), both are diary makers, MengNiu is NBA sponsor, Yi Li is Beijing 2008 Olympics sponsor, and Huiyuan Juice (1886.HK).  

Reading Time: < 1 minute I visited Lan’xi, a small city in western part of Zhejiang Province during the holiday. Lan’xi is famous for “Zhu Ge Cun”, cement plants, Lan Jiang, and a lot agricultural produce. In the old days Lan’xi proudly claimed it as “little Shanghai”, but these days it’s lagging behind neigbouring counties Yi Wu and Pu Jiang on the economy development. It reminds me of Cai

Reading Time: < 1 minute I was on the train from Shanghai to Lan’xi today. The train station was crowded, reminding me of my college days: at one time I was so afraid of stuck in the train during winter break, I told my mom I would stay in the campus. I saw lots of leisure travellers on the train, some are “stand

Reading Time: < 1 minute It’s the so called “golden week” here, it’s also my first time spending the golden week in China (we did not have this kind of long holidays back in middle 1990s). I will spend some time with my family and friends. No more stocks. No more computers (if I can accomplish that), and I can

Reading Time: 2 minutes This is a too big question. But I have thought this thing for quite a while, and want to share my thoughts. A few weeks ago I was watching the “Boss Town” program at China-CBN, the host posed this exact question to the founder of Qiao Xing (Nasdaq: XING), Mr. Wu Ruiling: why do you go

Reading Time: 2 minutes (Update Apr 30) I went to Carrefour to buy Maotai, it’s out. I noticed Maotai has some low end products now (Maotai Chun instead of Guizhou Maotai). The Shanghai No. 1 Food Store across the street does carry Mao Tai, but it charges for 525 Yuan (Carrefour price was 438). According to Carrefour associates, the Maotai was out for couple

Reading Time: < 1 minute After I read its prospectus, I decide not to pursue its open IPO. Another reason is I just bought some HMIN and MR: I want to limit the number of stocks I hold. IB is a great business. I heard its name first from a friend who recommend it for its low cost and high speed in