China
Wokai: Support Chinese Small Businesses through Microfinancing
I recently came across a website called Wokai.org. You may not familiar with the name (it’s the first time I knew it as well), but what they are doing shouldn’t be strange to you, if you know what Kiva is.
That’s right. Wokai is a charitable organization that microfinances small businesses, just like what they do [...]
Chinese ADR Monthly Update – December 2008
This update is a little late for December 2008, but it’s here.
December was a good month for investors, a rare good time in a miserable year. Without the December rebound in stocks, 2008 could have been a lot worse for many people when the receive their year-end statements from brokers and mutual fund companies. Most [...]
Happy New Year
To all who celebrate the Lunar Chinese New Year!
2009 is the Year of Ox (Bull?), one of the favorites among the 12 Chinese Zodiac animals. After seeing what happened in 2008, let’s hope a better 2009!
Happy New Year!
2009 is the Year of Bull in Chinese Lunar Calendar. After a miserable 2008, let’s hope for a better 2009!
Happy New Year To You All!
Chinese ADRs Monthly Update – November 2008
It was September when I last updated Chinese ADRs. So it has been quite awhile and what happened in the past three months wasn’t pretty, as we all know. U.S. stocks weren’t the only ones that suffered. Stocks around the world have been beaten down a lot, including Chinese stocks and Chinese stocks traded on [...]
A Tour of a Clothing Factory in Wuxi
Last week, I showed a picture of a building which we visited when in China and asked whether you have any idea what it is. I don’t know exactly what your answer is, but what I am going to tell you may surprise you a little bit.
Well, the building in the picture is not an [...]
I’m Back!
It seems that it was just last week I announced here that I am going to take a vacation in China. But good time did go very fast and my month-long break came to an end yesterday. We flew back from Beijing on Sunday, October 26. The plane touched down at Newark at 5:15 pm [...]
What Is This Building?
Last weekend, we went to Wuxi (Wúxī) of Jiangsu Province (WuXi Pharma Tech, NYSE: WX, is located in the city) to meet some college classmates in that area. The reunion was great because I haven’t seen some of them since graduation. When we were in the city, my friend also took us to tour a [...]
Visiting the World’s Tallest Observatory
After leaving Lanzhou last week, our trip in China took us to the eastern city of Suzhou, Jiansu Province. Suzhou is famous for its classical gardens that have hundreds of years of history and Yangcheng Lake crabs. However, I am not going to talk about gardens and huge crabs today. Instead, I am going to [...]
A Forgettable Anniversary
It has been a miserable year for Chinese investors.
Exactly, one year ago on October 16, 2007, Shanghai Stock Exchange Composite Index closed at its all time high of 6,092.06 points. When 2007 began, the index was at 2,675.47, that should give you a sense how fast and how much Chinese stocks have gained last year. [...]
