Reading Time: < 1 minute Quoting Reuter News: E-House China (EJ), filed with U.S. regulators on Thursday for an offering of $175 million of its American depositary shares. Note the company recently formed alliance with some major home builders in China (read the news from CNNMoney). Now they are asking more money from the market, the shareholders (old or new).… Continue reading E-House China secondary offering
Reading Time: < 1 minute In last few days many new Chinese IPO listed in the US are under pressure, notablly: E-House China (EJ), China Digital TV (STV), Wuxi Pharma (WX) and last but the least, Giant Interactive (GA), the No. 1 online gaming company in China, owned by well known Chinese entreprenur Mr. Shu Yuzhu. According to CnAnalyst, GA… Continue reading Squeeze the bubble
Reading Time: 2 minutes (Update Nov. 17) Shuipi of ChinaTimes(水皮华夏时报) wrote this interesting piece on his newspaper. (Original) It looks like it, from the highs at 6,200 in early Oct to 5,200 now. But wait a minute, recently the US stock market suffered big loss because of the sub-prime meltdown, and weakening of the dollar. How could the mess… Continue reading Is the Chinese bull market over?