Investment Banking in China — What I’ve Learned & Unlearned

Anyone seeking to succeed in investment banking in China should live by one rule alone: it’s not who you know, but how well you know them. In China, more than any other country where I’ve worked, the professional is also the personal. Comradeship, if not friendship, is always a necessary precondition to doing business together. If you haven’t shared a meal – and more importantly, shared a few hundred laughs – you will never share a business deal. Competence, ex...

   Business,China,Relationship,Cooperation,Advice     2011-11-18 09:13:49

  Will Weibo's IPO be a success?

The Chinese version of Twitter -- Weibo is going to launch its IPO today on NASDAQ. The stock code is "WB" and its target price per share is set to $17. The total funds it's going to raise is around $328.44 million. Weibo claims it's the first Chinese SNS media to be listed on NASDAQ. Goldman Sachs and Credit Suisse are the joint lead underwriter of the IPO. They have gained one option from Weibo for validity of 30 days to buy 2.52 million shares of ADS. One interesting thing is Goldman Sachs ...

   Weibo,NASDAQ,IPO     2014-04-17 07:33:42

  Big Corporate Layoffs Hit Shenzhen IT Manufacturing Business

At 11:00 on March 29, 3 employees were ready to jump from Shenzhen Foxconn's longhua building G14. According to witnesses, those 3 employees were negotiating with company regarding the “Foxconn diversion plan”. Liu Kun, Foxconn public speaker, told reporters that many employees are working negatively to resist this plan, but Foxconn does not agree or support their actions in this way. " Company like Foxconn with large-scale labor-intensive manufacturing enterprises in Shenzhen, is f...

   Layoff,Career,China     2013-04-01 06:44:43

  Alibaba CEO Daniel Zhang is no longer president of Taobao Software Co. Ltd

According to a recent change record from Chinese company registration information portal, the Chinese e-commerce giant Alibaba Group CEO Daniel Zhang is no longer the president of TaoBao Software Co. Ltd. His successor is Shan Dai, who is one of the founders of Alibaba and now Taobao CEO. Along with the change, Daniel also quits as the president of Tmall technology company which is also one of the subsidiaries of Alibaba Group focusing on big brands. Taobao (China) Software Co., Ltd. was establ...

   CEO,ALIBABA,TAOBAO,DANIEL ZHANG     2022-04-24 07:45:48

  Video website in big data era

Big data initially means the large data set which is not able to be analyzed, but later it was derivatized to the method to analyze huge amounts of data in  order to gain great value.This is a form which gradually gets attention, It's difficult to analyze these data and it's also difficult to store these data and it needs some unprecedented way, Now in China many companies use the open source Hadoop distributed data cluster to meet the needs of data statistics. Since we can get segmented d...

   Netflix,Big data,Data mining     2013-04-11 04:20:40

  Is programmer really profession for youth only?

- dedicated to the new programmers just into the workplace.

One young Chinese friend asked me: is programmer meant only for less experienced youth? Should I consider transition once if I work on it until 30 years old?

   Programmer,Youth,Product,Project,Career,Analysis     2012-03-18 07:06:44

  Qihoo 360 confirms the cooperation with Google

Affected by the news that Qihoo 360 would cooperate with Google, Qihoo 360 and Baidu are treated differently in capital market at the beginning of 2013. Analysts have high expectations on Qihoo 360 and increase its performance expectations for fiscal year 2013, while Baidu suffered price target downgrades.According to Sina technology news, Qihoo 360 confirmed this news to ZDNet, but they refused to disclose more details. According to Qihoo 360, there is some kind of cooperation existed between ...

   Qihoo 360, Google, Search, Baidu     2013-01-04 12:06:17

  WeChat has 100 million international users now

Just one month ago, Tencent announced that it had 70 million international users outside of China mainland. Today, they announced that WeChat hit 100 million international users. In just one month, the international users increase by 30 million. WeChat becomes one of the most tough competitors in the international IM market. Although there are still Whatsapp, Line and some other IMs, WeChat provides many different robust features, especially in the newly released WeChat 5. The new features in W...

   WeChat,Tencent,Internationalization     2013-08-20 02:38:14

  3 reasons why Alibaba invests on Sina Weibo

Last night, Alibaba announced acquisition of 18% shares of Sina Weibo with $586 million, according to sources close to the deal, after the completion of this deal, Alibaba will become the second largest shareholder of Sina Weibo and may become the largest shareholder in the future.This deal was supposed to be completed before Chinese Spring Festival, but because Alibaba and Sina had a heated argument about the share holding of Sina Weibo which resulted in substantial delay in the time to complet...

   Alibaba,Sina Weibo     2013-04-29 20:30:05

  Microsoft is transforming XBox into a PC controlled by expressions

According to the Voice of China "News Coverage" report. When Apple products are changing  the world, the original computer giant Microsoft is also quietly looking for their new foothold in the field of electronics. This time the breakthrough is from its game console Xbox.Xbox was originally a single function console, there are signs that Microsoft may be planning for the Xbox into the computer with new functions. The selling point of this new product lies in its function of communic...

   Microsoft,XBox,New PC,China     2012-04-01 06:57:04