Reading Time: < 1 minute (Update 07Mar07) I saw an updated F1 prospectus at SEC web site. So I would assume the IPO is still on? Just heard from a friend in the States, this is not offical, but the rumor is the IPO is called off. I assume the reason is the recent sell off of Chinese stocks inside and

stlplace
March 6, 2007

Reading Time: < 1 minute These days you need some faith to hold those relatively new Chinese IPOs. I only have Mindray (MR) at this time, but I have traded HMIN and EDU before. All three stocks dropped a lot from it highs in a week. I just want to summerize my observation after spending 2 days in Shanghai, this is in no

stlplace
March 5, 2007

Reading Time: 2 minutes I have taken United Arlines (UA) flights from St. Louis to Shanghai couple times. This one is probablly most adventurous. The main problem was caused by the weather in Chicago. I thought this newly created ORD to PVG routes by UA and AA would benifit people in the Midwest: save one stop, for instance, if we take Northwest, we will have to stop

stlplace
March 5, 2007

Reading Time: < 1 minute This is from what I feel after spending 36 hours Shanghai. I read quite a few newspaper, magazine, and watch the “finance” section on the TV (first Caijing etc.), as part of research for Xinhua Finance Media IPO, stock market is a very hot topic in all those places. The scary part is, in one program this analyst promoted how

stlplace
March 4, 2007

Reading Time: < 1 minute I am in Shanghai now. The flight connection was not as smooth as I expected, finanlly I got here about 5 and a half hours late than original schedule. I got oppertunity to see the new Beijing airport on the way: very impressive infrustructure. I guess it’s ready for the big party in 2008. I will talk more

stlplace
March 3, 2007

Reading Time: < 1 minute Here is this year’s letter (in PDF). I read his letters a few years back. Recently I bought his book   (at right side bar, in blue), it’s essentially a collection of his annual shareholder letters. His letters are highly regarded in the investing community. I hope one day I could go to his annual shareholder meeting in Omaha. It was said he

stlplace
March 1, 2007

Reading Time: < 1 minute I will be in Shanghai this Saturday, and stay there for an extended period of time. I am going to do some bargain hunting, after the big drop in Shanghai stock market 🙂 Just kidding. Seriously, every time I visit China, I learn something new. This is not flattering. I hope this time I can learn more. If anyone who is interested

stlplace
March 1, 2007

Reading Time: < 1 minute I received an Email from my broker WR Hambrecht asking me if I am interested in Xinhua Finance IPO. I talked it a little in a previous post; now I feel it’s not another Maritz. Also after yesterday’s crash, I got a little warmed up on it. So I called them and indicated my interest. Don’t know if I will get

stlplace
February 28, 2007

Reading Time: < 1 minute First, a little disclaimer, the title was inspired by my friend Zhong Siwei “Let’s think China” blog. I think this pretty well summerizes the “blaming game” after yesterday’s global market sell off. Whether it has credit or not, from CNBC to the Newspaper and Internet, all fingers pointing to one place, China. No wonder typically soft spoken Premier Wen Jiabao, firmly declared

stlplace
February 28, 2007

Reading Time: < 1 minute I mean the stock market. Dow lost more than 400 points. My brokage account lost about 10% of its value today. The biggest decliners are Home Inns (HMIN) and Mindray (MR); but Crocs (CROX) and Heelys (HLYS) are not helping either 🙁 Now the question is: is this a healthy correction? Or the beginning of (dare

stlplace
February 27, 2007
Follow Us
Meta
Google Ads
Archives
Pages
Recent Comments
Recent Posts
Tags
Categories