Interesting Reads July 25 2009

by Manshu on July 25, 2009

in Links

IPO’s are really hot in China right now and very soon they are going to come out with the biggest IPO in the world ever — Industrial and Commercial Bank of China (ICBC),  worth $19 billion dollars.

I was really keen on learning about these IPOs and was hunting for their prospectus. Finally I found this story in Bloomberg on China Shipbuilding IPO, which led me to its prospectus.

I downloaded the huge document and found that all 396 pages were blank. Adobe helpfully suggested that I download a 20 MB plugin to display the font on the prospectus. I downloaded and installed it, only to find out that the prospectus is written in some Chinese language! I don’t know why it didn’t strike me that it was not going to be English, but that’s how it is.

I just scrolled the pages out of curiosity and was a little surprised to see that the general layout of the prospectus seemed to be similar to a 10 – k filing or how a prospectus for an Indian company would look like. There seemed to be something like a glossary, they had figures for CAGR growth, Balance sheet for a few years and so on.

I wish I could read it, but I don’t think I will be able to learn that language any time soon. Here are some posts that I could read though, and I hope you like them.

Stock Trader Find Speed Pays, in Milliseconds @ NYT — By now, you may have probably read this article, but if you haven’t, I think you definitely should.

Building wealth: stay invested to catch the winning days @ Vilkri

What are the best credit card rewards programs? @ The Digerati Life

After Peak Finance: Larry Summers’ Bubble @ Baselinescenario

What risk models are useful @ Ajay Shah

New York Times suffering from Body Dysmorphia @ The Reformed Broker

Stop trying to impress other people @ The Simple Dollar

Using Credit Cards to rebuild your score @ Cash Money Life

Should you re-invest your dividends @ The Dividend Guy

Will the real FICO score please stand up? @ Dough Roller

Carnival of Twenty Something Finances @ Ginger Corsair

{ 1 comment… read it below or add one }

Patrick July 25, 2009 at 5:37 pm

Thanks for the mention. 🙂

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