20Dec/070
Alibaba.com
Posted on Dec 20th, 2007 @ 2:13 am by CY
Bought 2000 1688.HK shares @ 28.05 HKD
I bought Alibaba because of the following reasons:
Yahoo owns 40% of Alibaba. (Link)
It has recently fallen from its highs (~$40).
Biggest B2B business in China – “The Chinese eBay”.
HSBC appoints CEO of Alibaba David Wei as non-executive director. (Link)
28 and 1688 are good numbers. =)
19Dec/070
Yahoo!
Posted on Dec 19th, 2007 @ 11:32 am by CY
Bought 1000 YHOO shares @ 23.39 USD
I bought Yahoo because of the following reasons:
It is near the lows of the past 3 years.
It is the 2nd largest search engine in the world.
Online advertising is still a major trend in the Web industry.
It is not as volatile as other stocks like Google.