China Construction Bank, whose innitial public offering in Hong Kong ranks as the largest in the world this year, will be listed today. Fund managers are guessing how the share will perform in the following days. Some are saying the price will not fall by more than 10 percent, while some other guess a slight increase.
My question is who will decide the share price. Of course, it is not just the investors. Say, Refco, the New York-based future brokerage, has applied for protection of bankruptcy because of its Chairman's scandel. The two companies, refco and CCB, are different due to the business nature, but they both have "dirty" chairmans. How do investors consider them so differently?
Thursday, October 27, 2005
Bank_CCB listed tomorrow
China Construction Bank, whose innitial public offering in Hong Kong ranks as the largest in the world this year, will be listed tomorrow. Fund managers are guessing how the share will perform in the following days. Some are saying the price will not fall by more than 10 percent, while some other guess a slight increase.
My question is who will decide the share price. Of course, it is not just the investors. Say, Refco, the New York-based future brokerage, has applied for protection of bankruptcy because of its Chairman's scandel. The two companies, refco and CCB, are different due to the business nature, but they both have "dirty" chairmans. How do investors consider them so differently?
My question is who will decide the share price. Of course, it is not just the investors. Say, Refco, the New York-based future brokerage, has applied for protection of bankruptcy because of its Chairman's scandel. The two companies, refco and CCB, are different due to the business nature, but they both have "dirty" chairmans. How do investors consider them so differently?
Saturday, October 22, 2005
Blog_a fantastic blog stock website
Wanna to know how much a blog is worth? how many people trade on your blog everyday? Here is a blog stock website I recommend: Blogshares
My blog already worths more than B$3000, and takes 0.006 percent market share.
Try to search your blog? Maybe it is already owned by others as mine is...... I will try to get it on whatever the expense is:)
Thursday, October 20, 2005
Bank_China Construction Bank listed in Hong Kong
The innitial public offering of China Construction bank, due to be listed in Hong Kong a week later, will raised the largest amount of money in the world this year.
So what? CCB is only the third-largest bank in China, While the first two, Industrial & Commercial Bank of China and Bank of China are still waiting in the queue.
I discussed with some colleagues about the reason why investors are interested in China Construction bank. He said people think CCB are the healthies among the Big Four(State-owned banks in China), coz it is the earliest-listing one.
Then I ask:
If the government asked the bank to do something but shareholder didn't agree, then what will the bank do?
He shrugged his shoulders without saying anything.
I am wondering the answer, too.
So what? CCB is only the third-largest bank in China, While the first two, Industrial & Commercial Bank of China and Bank of China are still waiting in the queue.
I discussed with some colleagues about the reason why investors are interested in China Construction bank. He said people think CCB are the healthies among the Big Four(State-owned banks in China), coz it is the earliest-listing one.
Then I ask:
If the government asked the bank to do something but shareholder didn't agree, then what will the bank do?
He shrugged his shoulders without saying anything.
I am wondering the answer, too.
Saturday, October 08, 2005
City_Where should I find some events?
It is always terrible to make friends in Hong Kong though the city is tiny. Anyone have idea where I could go to in weekends to meet some interesting and nice people? Shanghai has an event named YPHH, Young Professional Happy Hours, where you could make friends with many. Seems we don't have it here, right?
Thursday, October 06, 2005
Media_Social network matters
When Internet has turned to P2P from client-server model, the network's relation changes, too.
Yahoo, once famous as the portal, now thinks bigger in setting up social network. It has bought upcoming.org to enhance its strategy to manage people's social calendars, share information about upcoming events like local concerts and festivals.
Upcoming.org's idea is fantastic; but I am afraid how it is developed after being bought. M&A sometimes helps dinimishing, hope not this time.
Yahoo, once famous as the portal, now thinks bigger in setting up social network. It has bought upcoming.org to enhance its strategy to manage people's social calendars, share information about upcoming events like local concerts and festivals.
Upcoming.org's idea is fantastic; but I am afraid how it is developed after being bought. M&A sometimes helps dinimishing, hope not this time.
Monday, October 03, 2005
Economy_another financial crisis in Hong Kong??
He Xin, a left-wing academic in China, said Hong Kong will have another financial crisis by the Spring next year in an interview. I totally agree, though it is a little risky to give such a clear schedule.
Hong Kong successfully avoided the huge suffer in 1997's crisis, partly because of Chinese government's help. But at that time, Hong Kong's economy was not dependent on China, especially the stockmarket. Not many big Chinese companies were listed in Hong Kong.
See now, it is hard to count by fingers how many mainland companies are listed here, including the state-owned giant such as China Mobile and the future listed- China Construction Bank. If China's economy is not performing that well, or the investors lost confidence in the nation, Hong Kong's stockmarket will be hit hugely, while it is hard for Hong Kong government to help as it did in 1997.
The only thing for Hong Kong to be lucky is to make sure China's economy go on well. But that's not easy too. As the academic said, the biggest problem in China is the growing unemployment rate. When the number becomes higher and higher, it will hurt internal need as well as social stability. But I wonder if there is someone really care about that, even the government?
I just interviewed a Hong Kong company who is involved in the infrastructure construction in China. It said that it will reduce half of the people in the Chinese company, once state-owned, in five years coz they think the human resources in Chinese companies are alwasy redundant. But how about those poor people? What will they do to support their families? Without the government, the capitalists will never care about these things, right? And even worse, there's not strong worker unions in China.
Should someone care?
Hong Kong successfully avoided the huge suffer in 1997's crisis, partly because of Chinese government's help. But at that time, Hong Kong's economy was not dependent on China, especially the stockmarket. Not many big Chinese companies were listed in Hong Kong.
See now, it is hard to count by fingers how many mainland companies are listed here, including the state-owned giant such as China Mobile and the future listed- China Construction Bank. If China's economy is not performing that well, or the investors lost confidence in the nation, Hong Kong's stockmarket will be hit hugely, while it is hard for Hong Kong government to help as it did in 1997.
The only thing for Hong Kong to be lucky is to make sure China's economy go on well. But that's not easy too. As the academic said, the biggest problem in China is the growing unemployment rate. When the number becomes higher and higher, it will hurt internal need as well as social stability. But I wonder if there is someone really care about that, even the government?
I just interviewed a Hong Kong company who is involved in the infrastructure construction in China. It said that it will reduce half of the people in the Chinese company, once state-owned, in five years coz they think the human resources in Chinese companies are alwasy redundant. But how about those poor people? What will they do to support their families? Without the government, the capitalists will never care about these things, right? And even worse, there's not strong worker unions in China.
Should someone care?
Society_consider things in different concept
Amy is always a fun of science fiction, in other words, Amy loves dreaming of the world. But Amy felt bad when hearing another bombing in Bali island, Indonesia, though she was enjoying her favorite ice-cream? Gosh, is it the peaceful earth everyone loves?
Different thinking way make people do different things. If those two Malaysians, who is guessed to start the bombing in Bali, could think more about individual's lives beyond their own religion, then they might not do such things to kill more than 25 people who are totally innocent.
That's how human think. Sometimes we thing big, sometimes we think small, but the best way to decide our doings is to try to balance those big things and small things.
Think large: we are living in the earth, which is, as far as we know, the only planet in the universe. So all humans are in a family where we should help each other to protect our home. One example is the earth environment protection association.
Think smaller: we have different countries, where people speak different languages and have different culture. For example, I am a Chinese, which make me always feel close to the people with same nationality; I tend to speak and write in Chinese, and I would like to maintain the Chinese culture for the 5000 years.
Think smaller and smaller: Each person has his or her own life, family and friends. They need to work to support themselves and relatives. They have to think about their own staffs.
So how large/small do you think every day?
See: blogs who already reported and commented on the latest Bali bombing
Different thinking way make people do different things. If those two Malaysians, who is guessed to start the bombing in Bali, could think more about individual's lives beyond their own religion, then they might not do such things to kill more than 25 people who are totally innocent.
That's how human think. Sometimes we thing big, sometimes we think small, but the best way to decide our doings is to try to balance those big things and small things.
Think large: we are living in the earth, which is, as far as we know, the only planet in the universe. So all humans are in a family where we should help each other to protect our home. One example is the earth environment protection association.
Think smaller: we have different countries, where people speak different languages and have different culture. For example, I am a Chinese, which make me always feel close to the people with same nationality; I tend to speak and write in Chinese, and I would like to maintain the Chinese culture for the 5000 years.
Think smaller and smaller: Each person has his or her own life, family and friends. They need to work to support themselves and relatives. They have to think about their own staffs.
So how large/small do you think every day?
See: blogs who already reported and commented on the latest Bali bombing
Subscribe to:
Posts (Atom)
