My Current Holdings

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I have the following stocks in my Scottrade account as of today Jan 3, 2007. I remember the beginning of last year I only have 200 shares of Symantec (SYMC)

Crocs (CROX): 46 shares, it seems people can not get enough of those funky shoes.

Heelys (HLYS): 62 shares, it seems everyone is skeptical of this except me 🙂

Home Inns (HMIN):  68 shares, +100% YoY growth, Chinese version of La Quita Inn (as I read the Peter Lynch book lately)

Mindray (MR): 111 shares, China’s No. 1 medical device maker, about 50% YoY growth, is opening a new facility in Nanjing, looking for expansion in the Yangtze delta region which is the economy center of China nowadays. Good move.

Business China

Mindray Medical International

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OK, enough about the Home Inns (HMIN) and New Oriental (EDU), both of which are well known consumer brands based in Shanghai and Beijing respectively. On Sept 26, a not so well known medical device company based in Shenzhen (by Hongkong), did IPO on NYSE and it was well received by the investors. The company is Mindray Medical International, ticker symbol MR. It’s not the first Chinese medical device maker listed in the US. China Medical (CMED) came to NASDAQ about a year and half ago. But this MR is much bigger.  I looked at its F-1 form, and it seems like a solid company.

mindray logo picture 

Some key numbers: