Reading Time: 2 minutes (Update) Felt I am like a car-thief today: had to climb from back seat to front seat, because the front doors were frozen due to snow. Don’t know how the by standers felt? (Original) It started to snow here in St. Louis, yesterday morning I saw a little bit snow on the car, this morning… Continue reading Snow, Baidu, Chesapeake, Pilgrim’s Pride
Reading Time: < 1 minute On Nov 17, Baidu (Nasdaq: BIDU), China largest web search company got a huge blow in the market as the news of “Baidu placed “faked doctors and drug ad” broke (see BW for more details). This reminds me of the Focus Media (Naqdaq: FMCN) Spam text messaging story about 7 months ago. In both cases… Continue reading Baidu: got a bit evil?
Reading Time: 2 minutes Baidu, Google China Keso wrote this Chinese article a while back Who is Google China’s opponent? He is talking about the difference between Baidu (Nasdaq:BIDU) and Google, and he thinks Baidu has created a brand and a series of products, and consequently built a moat to fend off Google and other competitors. This is confirmed… Continue reading Weekend thoughts w/e 051008
Reading Time: < 1 minute Financial Times did a Top 10 Chinese global brands survey recently. And here are the winners. Did you notice anything interesting? I noticed BoC, Air China, China Mobile, China Telecom, Sinopec, CCB are state owned (majority owned); while Lenovo, Tsingtao beer, Haier and Baidu are public companies. I am a little puzzeled why ICBC and… Continue reading Top 10 Chinese global brands
Reading Time: < 1 minute Well, Longtop did not turn out to be long top, it was a short top if you will. I sold most of the shares today (still 50 shares pending in Scottrade). The problem with Longtop (LFT) is not fundamental, it’s rather valuation. In current market, I think an unproven Chinese financial software (IT service) company… Continue reading Lessons from Longtop
Reading Time: < 1 minute Week in review 11/04 to 11/10 1) Shanghai Univ of Finance and Economics, or SUFE, is celebrating its 90 years annaversary. SUFE also launched Shanghai consumer/investor confidence index, similar to Univ of Michigan consumer confidence index.
Reading Time: < 1 minute It’s that season again. I saw people carrying around Moon cake bags, presumtably many got it from Danwei. That’s one good thing working in China, you got a lot freebies during holidays, that’s different from west. Can not imagine that companies in the US will give away Turkey coupon during Thanksgiving. Anyway I like the… Continue reading Mid autumn festival
Reading Time: < 1 minute Here it is. You still get an hour or so to see it at its home page. In case you did not see the image below, go to hi.baidu.com and you should see it. Is that inspired by Google? I mean, isn’t Google the first guy does logo for various holidays?
Reading Time: 2 minutes It seems not very intuitive that Focus Media (FMCN), a LCD media advertising company, has done better than Baidu (BIDU), the No. 1 search engine in China. After all , putting up the LCD screen, soliciting the advertising customers, and creating those short films are not high tech as “search engine”, which involves creating a… Continue reading Focus Media FMCN is hotter than BIDU