Next Chinese IPO: E-House Holdings

China residential real estate service company, E-House Holdings, is scheduled to debut on NYSE today under symbol EJ. From the company website, E-House’s business includes “real estate agency services, secondary real estate brokerage services and real estate consulting and information services.” Based in Shanghai, China’s financial capital, E-House employs more than 1800 real estate brokers [...]

Investing in China with Cautions

Because of my connection with China, I always keep an eye on what’s happening 6000 miles away from my house. These days, the biggest story in China seems to be that its once relentless climbing stock markets finally hit the break. Since closed at record high on May 29th, the Shanghai Stock Exchange Composite Index [...]

China Life Surge with No Apparent Reason

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 [...]

Performance of Recent Chinese IPO Stocks

[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 [...]

China Life Insurance Suspended, again

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 [...]

Picked up Some XFML

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 (XFML) Debut, then Sank

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, [...]

Next Chinese IPO on Deck: XFML

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 [...]

Hello, 您好, Nín Hâo!

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 [...]

One’s Trash is Other’s Gold

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 [...]