chinese travelling the world - interesting comments

they came to this stage after hard work slowly retaining their culture-admirable culture and traditions

欲速则不达 (yù sù zé bù dá) - More haste,less speed

James Hanshaw , Contributor

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Excellent article with a lot of important information. Perhaps I could add a couple of anecdotal points. I have a brother who lives on the water edge of Sydney Harbour with priceless views to the nearby, world famous bridge. Many expensive homes in his neighbourhood have been bought by mainland Chinese who use them just part of the year.

I live in Zürich, Switzerland, and many of the top shops in one of the world's most expensive shopping streets - Bahnhofstrasse, Zürich - employ Chinese speaking people to cater for the large number of Chinese visitors/shoppers coming here. My wife and I have rather nice Swiss watches but the prices we see them paying for watches and jewellery make us feel like paupers. Many Chinese are not shopping for the same items in Hong Kong anymore but are travelling further afield to places like here to buy them. James

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爱不是占有,是欣赏(ài bú shì zhàn yǒu, ér shì xīn shǎng)-Love is not about possession, it's all about appreciation.

they were once relaxing as they believed it is not the materials that make a man happy But spiritual fulfilment inside.A book a violin,under a tree facing lake can give all the satisfaction one need.But then others started looking down on them- Then came the gushing drive that was hidden inside this great nation. Today they are speeding past like the bullet train they have invented. 

Having worked hard the are now letting it go and the world is drowning.This is only a tip of the iceberg

INVEST  IN CHINA TRAVEL INDUSTRY THERE IS NO DOUBT OF GAINS

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Chinese Demand For Long-Haul Travel - Growth Opportunity

Jul. 26, 2016 10:08 AM ET

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Summary

Rising incomes have helped boost Chinese outbound tourism.

However, Chinese outbound tourism has largely been concentrated on short-haul trips.

As more Chinese households rise up the income ladder and gain international travel experience, there is a promising growth opportunity for long-haul travel by Chinese tourists.

Please take note this is only one aspect in weighing the attractiveness or non-attractiveness of the companies mentioned in the article as an investment and should not be used independent of other factors such as valuation which are not addressed.

China is the No.1 contributor to global outbound travel. Similar to Japan's outbound tourist boom in the 1980s, rising disposable incomes and an appreciating currency have served as contributors to the rapid growth of Chinese outbound tourism.

Source: Natixis

If a butterfly flapping its wings in China can impact weather around the world it

Why the Alibaba IPO could be bad for stocks

By Jeff Macke1 hour agoreakout

If a butterfly flapping its wings in China can impact weather around the world it shouldn’t come as any surprise that a $150 billion Chinese IPO can trigger waves of selling in the Nasdaq 100.Bloomberg is out this morning noting that the size of the Alibaba offering is roughly equal to the collective market-cap decline in former high-fliers like Netflix (NFLX) and Facebook (FB).

There’s no such thing as coincidences. Not on Wall Street.

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Just because the cause and effect relationship between weakness in growth stocks and big IPOs is real doesn’t mean it’s not all in your head. In the attached video David Lutz of Stifel says high-profile IPOs raise the perceived level of risk in the market. When things go wrong, as was the case with Facebook’s IPO in 2012, things can get ugly.

“In the case of Facebook where a fair amount of (the shares) went to the retail investor when it broke the IPO price you had a big rush to the exit and that’s the big concern,” says Lutz, adding that the negative price action bleeds into the sentiment of other stocks.

Alibaba doesn’t need the cash. The company has nearly 50% profit margins and could have waited to go public for years. Insiders are selling largely because the smart money views the market as at least fully priced. That might not be a clear “top” call for tech stocks as a whole but recent history suggests the market could be bumpy as market adjusts for the bulk of the next tech titan to soak up demand for shares.