Archive for February, 2010

Labor Conditions of Apple’s itouch Supplier All Over CCTV. Brand Destruction in Process?

Friday, February 26th, 2010

Over the last couple of years, one of the firms that has popped up on the radar of firms whose labor conditions I felt were at some point going to come back to haunt them… and I think we have come a bit closer with the above CCTV report, an 11 and a half minute [...]

Traffic Study Reveals Shanghai’s Driving Laws are Mearly a Suggestion.

Friday, February 26th, 2010

Welcome back everyone.
Seems like it has been a while since I have posted, it has been a whole 10 days, and I have a few posts in the cage getting warmed up. In the meantime, I thought I would just post a short clip of something that I found while diving through my RSS [...]

Why Is Telestone Technologies So Volatile?

Friday, February 26th, 2010

Southhill Partners submits:
Telestone Technologies (TSTC), a small wireless equipment manufacturer in China, has attracted quite some attention since late last year when its stock price ran from below $5 to over $20 in several months. Riding the opportunity of the 3G buildup in China, Telestone Technologies supplies wireless coverage products to the three wireless [...]

Why China’s Rumored IMF Gold Purchase, If True, Would Be Highly Significant

Friday, February 26th, 2010

J.S. Kim submits:
A yet to be verified story from Rough & Polished, a Moscow based website, reported that China had “confirmed its decision to acquire 191.3 tons of gold auctioned by the International Monetary Fund.” Of course, until official confirmation comes from China, no one will really know if this story is true or [...]

IMF Gold Sales – Much Ado About Nothing

Friday, February 26th, 2010

Jason Hamlin submits:
Finmarket, a Russian news agency, reported that China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction. The author came out an hour later to state that she did not have confirmed official sources, although the IMF declined to comment.
Many investors, myself [...]

Shiner Attracts Successful Small-Cap Investor

Friday, February 26th, 2010

China OTC Player submits:

In a quiet filing made last week, I discovered that an investment firm called First Wilshire Securities had scooped up more than 1.9 million shares of Shiner International (BEST), the Hainan-based manufacturer of packaging film for food and other products. Who is First Wilshire Securities? I decided to find out more about [...]

Merck, Lilly, Pfizer Team Up in Unusual Collaboration for Asian Cancer Database

Friday, February 26th, 2010

ChinaBio Today submits:
Three of big pharma’s biggest companies, Merck (NYSE: MRK), Lilly (NYSE: LLY) and Pfizer (NYSE: PFE), have banded together to create an Asian not-for-profit company that will construct a pharmacogenomic cancer database in Singapore. The database will compile its information using 2,000 tissue samples from patients with lung and gastric cancer. [...]

China Aoxing In-Licenses China Rights for Narcotic Drug Combo

Friday, February 26th, 2010

ChinaBio Today submits:
China Aoxing (CAXG.OB) will collaborate with QRxPharma Limited (QRXPY.PK), a clinical stage Australian pharma, to develop MoxDuo®IV for the China market. MoxDuoIV is an IV formulation of QRxPharma’s patented morphine and oxycodone Dual-Opioid™ technology for the acute treatment of moderate to severe pain.
China Aoxing will fund development of MoxDuo®IV for [...]

China’s Big Fat Growth Facade

Friday, February 26th, 2010

Russ Winter submits:

"A country that appears peaceful and stable may encounter unexpected crises. There are structural problems in China’s economy, which cause unsteady, unbalanced, uncoordinated and unsustainable development." – Chinese Premier Wen Jiabao, 2007

Today’s post does have extra links that I hope you’ll read, as this is not a post that one can just [...]

GM’s Hummer Deal Failure: The Broader Impact of Tighter Chinese Lending Standards

Friday, February 26th, 2010

Robert Salomon submits:
For those of you following GM (MTLQQ.PK) developments, it appears that the sale of Saab to Spyker has now closed (see Spyker Closes Purchase of Saab).
Spyker Cars of the Netherlands closed a deal to buy Saab from General Motors for cash and shares worth $400m, saving the Swedish car brand from closure [...]