MIT’s new college of computing was formed on Sep 11 2019, enabled by Schwarzman’s $350 million donation.
And Schwarzman’s new book is out – What It Takes: Lessons in the Pursuit of Excellence
Category: Uncategorized
Python Test: Hello World
Hello World!
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2024-10-06 10:22:41.705802
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2024-10-06 10:22:41.705802
Below is an example of running python through WordPress.
The python script is stored on the server and called upon by a WordPress plugin in PHP.
[No Post Today] Final Exam on 12/18
[No Post Today] Final Exam on 12/17
「What’s News In China」Alibaba + Vanguard, First Index Option In Mainland China, China’s Most Valuable Brand
Alibaba (NYSE: BABA) affiliate Ant Financial and Vanguard, the $5.9T U.S.-based asset manager, formed a joint venture to bring a streamlined and broadly available investment advisory service to retail consumers in China. // prnewswire
China’s first mainland stock index options will debut on China Financial Futures Exchange (CFFE) on Dec. 23. The options are tied to the Shanghai and Shenzhen stock exchange-based CSI 300 Index and the minimum account threshold is RMB500K. It is the fourth risk management hedging tool for the mainland stock market. Previous options included CSI 300 Stock Index futures, CSI Smallcap 500 Index futures and SSE 50 Index futures. // YiCai
Moutai/Maotai is the most valuable brand in China. Hurun released its Most Valuable Chinese Brands list on Dec 12 – Kweichow Moutai ranked top with RMB 640 billion brand value. It maintained the title for the second year running. Maotai /Moutai is a brand of baijiu; the company booked over RMB 22 billion revenue and RMB 10 billion net income in 2019Q3. // AsiaTimes
「News of the Week」US China Agreed on Phase I Deal
WSJ – U.S., China Agree to Limited Deal to Halt Trade War
Dots to connect: US Ag growth, China financial services opening & public market reform, Chinese stock moving up, remaining US tariff on Chinese machinery, electronics and furniture, China IP improvements and growth in IP-driven industries, etc.
「Video of the Week」Peloton Review
Peloton went IPO on Sep 26, raising $1.16 billion at $29 per share. It is selling a bike (product) with a subscription model (training courses/videos).
As we just did a valuation for the company (will post in a separate blog), a video is helpful to understand Peloton .
「What’s News In China」
Dinsey Shanghai began construction for the new Zootopia-themed (疯狂动物园主题) expansion. Zootopia will be Shanghai Disneyland’s eighth themed land. It will also be the first Zootopia-themed expansion at a Disney park worldwide. On Dec 9, the construction has officially started; the plan was first announced in January this year. In China, Zootopia is the 2nd best-selling movie in 2016 and the 2nd best-selling anime movie in history as of 2019. // YiCai
Bilibili (哔哩哔哩) just paid RMB 800 million (US$ 113 million) for e-sport broadcast right. Trying to capture the market potentials in e-sports and live-streaming in China, Bilibili (NASDAQ: BILI) has reportedly spent RMB 800 million (USD 113 million) on a three-year exclusive agreement to broadcast the Riot Games’ League of Legends (LoL) World Championship in China. The 2018 LoL World Championship has 99.6 million unique viewers. // KrAsia | 36Kr
BCG opened its Asia-Pacific center for digital services in Shenzhen. Opened on Dec 6, the new DigitalBCG Immersion Centers in Shenzhen is the firm’s fifth global center for digital transformation after Silicon Valley, Paris, New York and Bangalore. // prnasia
「Video of the Week」Quantum Computing
This week, Amazon announced it is starting to offer quantum computing services (called “Amazon Braket”) on AWS.
Here is a videos to explain the basic unit in quantum computing, Quantum Bit, or Qubit.
「What’s News In China」
Gree Electric Appliances (格力电器) finalized the 15% stake sale for RMB41.7 billionIt is one of the most watched private equity deal in China. The deal, part of China’s efforts to reduce government ownership, will reduce the state-owned Zhuhai Gree Group’s stake to 3.2 percent. Hillhouse’s Zhuhai Mingjun with the newly acquired 15% stake becomes the largest single shareholder. Hillhouse through Zhuhai Mingjun can nominate 3 seats in the 9-member board (in addition to two board seats from Hillhouse’ Zhuhai Gaoling and alliance Pearl Brilliance) and agreed to an equity incentive plan of no more than 4 percent. // 36Kr
Baidu’s smart speaker leads in China in 2019 Q3. According to Strategy Analytics, Baidu (NASDAQ: BIDU) shipped 4.3 million smart speakers in 2019 Q3, growing 130% yoy, surpassing Alibaba and Xiaomi, whose product shipments follow closely. Before Baidu launched its smart speaker with proprietary DuerOS voice AI, Alibaba and Xiaomi were dividing up the market share in China. // StrategyAnalytics
Tencent is officially launching Nintendo Switch in China. Tencent held a press conference on Dec 4 in Shanghai, announcing that the official Chinese version of the Nintendo Switch will launch in mainland China next week (Dec 10). Tencent and Nintendo first announced the partnership in April this year. The Switch will include a copy of New Super Mario Bros. U Deluxe, selling for 2,099 yuan (~$297). // Tencent
