The Sun's Financial Diary

China Life Insurance (LFC) surges on Friday with no apparent reason. Currently, shares of China Life’s American Depositary Receipt (ADR) rise $3.66/share, or a gain of 7.75%. The only news I could find that is possibly related to the movement of the stock is a report from Lehman Brothers:
The 12-month target price of China Life [...]

[This article also appears on SeekingAlpha, Recent Chinese IPOs On Wall Street - EDU Leads The Pack]
In the past year, thirteen Chinese companies located in the mainland China offer their shares to the public and traded their stocks in the US. The following is a table showing their performance as of today.

Company
Symbol
IPO date
IPO price
Current price

New [...]

Trading of China Life Insurance (LFC) was suspended in Shanghai, Hong Kong and NYSE Monday, pending announcement that is sensitive to share price.
The rumor surfaced over the weekend is that LFC’s parent company, China Life Insurance (Group) Co., is an overall listing that covers its whole operation. However, there seems to be some [...]

I originally thought I should wait some time before jumping in on Xinhua Finance Media (XFML). Well, I did wait, but not for long. Around 3:00 pm yesterday when I saw the stock lost almost two dollars to around $11 per share from its open price, I placed an order and bought 360 shares XFML [...]

Xinhua Finance Media Ltd (XFML) went ahead its scheduled IPO Friday despite recent sharp decline of Chinese stocks, but the reception of this latest offering on the street was nothing but cold.
Before the IPO, there were speculations that XFML may scrape its plan in wake of the plunge of Chinese domestic stocks on February 27th, [...]

IPOhome.com has reported that Xinhua Finance Media has filed for an initial public offering with SEC on February 21, 2007. According to the SEC filing, the company will offer 23 million American depositary shares (ADSs) in the IPO, priced between $12 to $14 per ADS. The business of Xinhua Fiance Media currently “focuses on business [...]

Interested in learning some Chinese? Here’s a chance.
The Times is having a ChinaWeek, featuring some good articles and videos about China, as well as short lessons to learn Mandarin Chinese. For example, the first lesson is about Greeting People:
In Chiese (to view Chinese, set your browser character encoding to Chinese Simplified (GB2312)
Wang Nín hâo! (您好!)
Brown [...]

Bloomberg.com today has a story about a Chinese woman, Zhang Ying, and her company Nine Dragons Paper Holdings Ltd. The article says
Zhang is the world's richest self-made woman, ahead of U.S. chat show host Oprah Winfrey and EBay Inc. Chief Executive Officer Meg Whitman, according to Shanghai-based Hurun Report, which ranks wealthy people in China.

And [...]

According to Briefing.com, China Life Insurance (LFC) will conduct a 2:1 stock split when the trading begins on December 29th. There have been some rumors on Yahoo! Finance discussion board lately about the split, but this is the first official announcement. Closed near $140 yesterday, the price after the split will be much more affordable. [...]

According to Reuters, China Life Insurance (LFC) has won approval to sell its class-A shares in Shanghai, which could raise $3.2 billion or 25 billion yuan, making the offering the second largest in the history of Chinese domestic public offering. Encouraged by the news, LFC is now trading above $105 in NYSE, more than $3 [...]