Arrived back in Singapore late last night, with a soar throat and no voice. First thing back is a crying toddler at the Airport followed to a visit to the GP :-P I went over to Shanghai for a couple of days but was so busy that I didn’t even have time to blog. But […]
Author: jseng
The law is whatever the Chinese government say it is
Gen Kanai left a comment for me to read this entry by Paul Denlinger. Paul who spent the last 20 years in China said: “For many Chinese, “the law” is whatever the Chinese government says it is.” The law in China is complex. They are subjected to interpretations by officers, at state, at provincials and […]
Notes from Beijing Day 5
1. A lots of Chinese made money from property. More specifically, made money from the property boom (around 2002). 2. A early success of foreign investments, more money continue to flow into China. While 10M fund is huge in 2000, 100M is considered very small by 2006. 3. (1) & (2) lead to lots of […]
Notes from Beijing Day 4
1. The CCTV, particular CCTV 9 (English channel), is broadcasting non-stop on the Tibet’s riot, showing videos of how the monks are part-taking in riots, the attacks on civilians and interviews of causalities. 2. There is freaking a lot of regulations on investments in China, with many ways to structure the deal. If not done […]
Notes from Beijing Day 3
1. Plan your meetings so you don’t zip-zap across the city. If I have just swap one meeting, I would save so much time. 2. Hipihi is preparing for their launch. Good luck! 3. 官联 pervasive and important in Beijing. 4. The restructuring of China telecommunication market is well-underway. By the end of the year, […]
Notes from Beijing Day 2
1. “What is allowed does not mean it can be done. What is not allowed does not mean it cannot be done.” 2. Foreigners aren’t allowed to trade A-shares, but you can if you really want. See (1). 3. Doing a local fund is really really tough. Even one of the most establish fund in […]
Notes from Beijing Day 1
Was thinking of spending Day 1 just to walk around the city and to mingle with the locals. But a coffee session with George Guo in the afternoon leads to series of very interesting meetings. (Thanks George!) I am going to scribble some notes for my own record. 1. Spend more time with CEO 9588.com […]
In Beijing
Have been very busy setting up Thymos Capital last couple of months so wasn’t able to travel much so feeling a bit out of touch. So after postponing this trip a couple of months, I am finally arrived in Beijing last night. This is mostly a study trip for me, to catch up with old […]
Malaysia Election surprises!
Malaysia 12th election ended last night. I stayed up until 3am refreshing Malaysiakini (mirror) watching the election unfolded. While BN still remains in control, it suffered the biggest lost ever, garnering merely 61% of the seats (source). The last time the election come this close in 1969, it resulted in a major racial riots. Jeff […]
How subprime works?
For those who don’t understand how we got into the subprime mess in the first place, here is a cool illustration! | View | Upload your own Try this link to see a bigger version if you cannot read the words.