Bullish China

E-Commerce China Dangdang (Dang) is identified as “The Amazon of China”.  On December 7,2010, the company raised $272 million by offering 17 million ADSs at $16, above the range of $11-$13. Credit Suisse (CSGN.VX) and Morgan Stanley (MS.N) acted as lead managers on the deal. It closed at $33.43 in the last trading day of its quiet period, more than double its offering price. That left the online store with a market cap just over $2.5 billion.

Dangdang CEO Mr. Guoqing Li shall be very happy now, however, it seems he is getting trouble in China microblog. In SINA microblog, he hinted that Morgan Stanley “fooled” DANG during IPO with some violent words and he might Fxxx off something after “silent period”. The interesting thing is that an unverified micro-blogger, seemingly a Morgan Stanley lady in this deal, fight him back with strong swear words in this Sunday afternoon.

Here are some tweets in English:

Mr. Li : You bastard know the price of $16 per ADS is very low before IPO, I m gonna fxx you off after silent period.

Morgan Lady: …be careful, you will died for making false accounting…rubbish, you definitely will be kicked off the board… You really shall pay off your utility fee now… … why cannot you be listed in China? Because you only can cheat some who are far away from you…

Advice to both sides:

Yes, you surely can share your personal things or thoughts through twitter or other SNS, even you can say lots of F words to show how MANful you are, but you cannot mix yourself with your business branding in the virtual world. It’‘s about time for Mr. Li and Morgan Stanley to declare about the accusation of false accounting.

US President Obama and China President Hu signed a joint-statement on a varity of economic, social and political issues yesterday as the result of Obama’s visit. The bright spot is the part about the renewable energy and climate changing. The popular US leader declared that “As the two largest consumers and producers of energy, there can be no solution to this challenge without the efforts of both China and the United States”

The joint press release detailed the outcomes of the talks as following:

(1) Copenhagen Should Not Be a Wasted Opportunity. Dedicated to working together against climate change, the two parties believe that “an agreed outcome at Copenhagen should, based on the principle of common but differentiated responsibilities and respective capabilities, include emission reduction targets of developed countries and nationally appropriate mitigation actions of developing countries.”

(2)  Scaling Renewable Energy is a Priority. The newly-adopted “U.S.-China Energy Effiiciency Action Plan” will help the two countries “work together to achieve cost-effective energy efficiency improvements in industry, buildings and consumer products through technical cooperation, demonstration and policy exchanges…the two Presidents underscored the enormous opportunities to create jobs and enhance economic growth through energy savings.” In addition, the countries launched the U.S. China Renewable Energy Partnership, with the goal of achieving rapid and wide-scale deployment of renewable energy technologies and a modern electric power grid through design and policy cooperation.

(3)  Creation of a U.S.-China Clean Energy Research Center. Coming in at a cost of $150 million over five years, the two countries will evenly split the cost and construct one Center in each country. With the hopes of encouraging joint research and development on clean energy technologies, the Center’s priority areas of focus will be energy efficiency in buildings, clean coal, and clean (electric and other fuel) vehicles.

(a) Energy Efficiency. With the speed in which Chinese cities are growing, and that fact that U.S. buildings account for 40% of energy use, it is imperative that building construction and remodeling in both countries be done with energy efficiency as a top priority.

(b) Clean Coal. The U.S. and China have a heavy interest in improving coal efficiency as both nations rely on coal as the biggest source for electric base-load power. The two countries “agreed to promote cooperation on large-scale carbon capture and sequestration (CCS) demonstration projects and to begin work immediately on the development, deployment, diffusion, and transfer of CCS technology. The two sides welcomed recent agreements between Chinese and U.S. companies, universities, and research institutions to cooperate on CCS and more efficient coal technologies.

(c)  Launch of a U.S.-China Electric Vehicles Initiative. And with a rising car culture in China and a need to revamp automobile infrastructure in the U.S., both countries have a concrete interest in developing a clean vehicle industry. With the goal of bringing millions of electric vehicles to both countries, the program calls for “joint demonstration projects in more than a dozen cities, along with work to develop common technical standards to facilitate rapid scale-up of the industry.”

Getsolar.com

Fan Gang, China Central Bank Adviser, heads the National Institute of Economic Research, he said at a business conference in Hong Kong : China is among the emerging markets facing risks of property and commodity market bubbles, a “double-digit” economic growth rate would not be good for China.

Few days ago, the local office newspaper reported “Chiense gross domestic product (GDP) may be able to climb 8-9% next year”, that probably a indicator of next financial crisis in Asia in the wake of liguidity injection by the world’s central banks. In the past year, China’s government created $1.3 trillion credit boom, directly helping growth accelerate while at the same time Shanghai Composite Index of stocks climb rapidly, nearly doubled than the lowest point in last year.

Mr. Fan thinks China must continue its stimulus measures to sustain growth in coming year even as he rejected the prospect of double-dip slowdown in the expansion. The US may see a renewed slump.

China should maintain a “moderately loose” monetary policy in 2010 as currently government stimulus effect and private investment are still weak.

There are not so many venture capital firms on the online social network, in fact, many of them do not like to be found by “normal public” so easily. I prefer to believe “they d like to keep mystery to allure more people”. However, the good trend is everyday a few more seem to show up in the web2  social network, i.e. twitter.

Want to know what VCs are doing and what kind of projects they may choose?  Wish to propose your new business plan to these censorious investors? – by digesting their writings, tweets and ramblings, you can understand how these guys think and then you can improve your odds of success during a pitch meeting.

The very original list is based on  Larry Rubin and added to by Jasmine Antonick– full credit where credit is due. I once made a similar list before, now I will make this latest list, you can mass follow them in one click.

1. Guy Kawasaki, Garage Technology Ventures @guykawasaki
2. Fred Wilson, Union Square Ventures @fredwilson
3. David Hornik, August Capital @davidhornik
4. Brad Feld, Foundry Group @bfeld
5. Marc Andreesen, n/a @pmarcablog
6. Josh Kopelman, First Round Capital @joshk
7. Ed Sim, Dawntreader Ventures @edsim
8. Jeremy Liew, Lightspeed Ventures Partners @jeremysliew
9. Bill Gurley, Benchmark Capital @bgurley
10. Jeff Nolan, SAP Ventures @jeffnolan
11. Christopher Allen, Alacrity Ventures @ChristopherA
12. Seth Levine, Foundry Group @sether
13. Jeff Bussgang, Flybridge Capital Partners @bussgang
14. Mike Hirshland, Polaris Venture Partners @VCMike
15. Jeff Clavier, SoftTech VC @Jeff
16. Mendelson/Feld, Foundry Group @jasonmendelson @bfeld
17. Paul Kedrosky, Ventures West @pkedrosky
18. Jason Caplain, Southern Capitol Ventures @jcaplain
19. Nic Brisbourne, Esprit Capital Partners @brisbourne
20. Jason Mendelson, Foundry Group @jasonmendelson
21. Ryan McIntyre, Foundry Group @ryan_mcintyre
22. Howard Morgan, First Round Capital @HLMorgan
23. Raj Kapoor, Mayfield Fund @Rajil
24. Christine Herron, First Round Capital @christine
25. Fred Destin, Atlas Venture @fdestin
26. Saul Klein, Index Ventures @cape
27. Vineet Buch, BlueRun Ventures @VineetBuch
28. Andrew Parker, Union Square Ventures @andrewparker
29. Bijan Sabet, Spark Capital @bijan
30. Rob Finn, Edison Venture @robfinn
31. Marc Goldberg, Occam Capital @MarcGoldberg
32. Daniel Cohen, Israel Venture Partners @coheda
33. James Chen, CXO Ventures @cxo
34. David Aronoff, Flybridge Capital Partners @dba
35. Max Bleyleben, Kennet Partners @mbleyleben
36. Jeremy Levine, Bessemer Venture Partners @jeremyl
37. Jason Ball, Qualcomm Ventures Europe @jasonball
38. Mark Peter Davis, DFJ Gotham Ventures @markpeterdavis
39. Rob Hayes, First Round Capital @robhayes
40. Michael Eisenberg, Benchmark Capital @mikeeisenberg
41. Chris Fralic, First Round Capital @chrisfralic
42. Sagi Rubin, Virgin Green Fund @sagirubin
43. Richard Dale, Sigma Partners @rdale
44. John Ludwig, Ignition Partners @jhludwig
45. Dan Rua, Inflexion Partners @danrua
46. Steve Brotman, Silicon Alley Venture Partners @stevebrotman
47. Larry Cheng, Fidelity Ventures @larryvc
48. Martin Tobias, Ignition Partners @ministeroforder
49. Matt Winn, Chrysalis Ventures @mattwinn
50. Sarah Tavel, Bessemer Venture Partners @adventurista
51. Stewart Alsop, Alsop-Louie Partners @salsop
52. Rich Tong, Ignition Partners @richtong
53. George Zachary, Charles River Ventures @georgezachary
54. Rob Go, Spark Capital @robgo
55. Rachel Strate, EPIC Ventures @WasatchGirl
56. Sid Mohasseb, Tech Coast Angels @sidmohasseb
57. Mo Koyfman, Spark Capital @mokoyfman
58. Rob Day, @Ventures @cleantechvc
59. Marc Averitt, Okapi Venture Capital @OCVC
60. Michael Greeley, Flybridge Capital Partners @FlybridgeCap
61. Ted Driscoll, Claremont Creek Ventures @easydjr
62. Santo Politi, Spark Capital @santopoliti
63. David Dufresne, JLA Ventures @DavidDufresne
64. Todd Klein, Legend Ventures @tdklein
65. Max Niederhofer, Atlas Venture @maxniederhofer
66. Vinit Nijhawan, Key Venture Partners @vinit44
67. Multiple Authors, Brightspark Ventures @MarkSkapinker @Sophiebspark @antman102
68. Rob Schultz, IllinoisVENTURES @crobtri
69. Ouriel Ohayon, Lightspeed Gemini Internet Lab @OurielOhayon
70. Brian Hirsch, Greenhill SAVP @hirschb
71. Larry Marcus, Walden Venture Capital @cyberlar
72. Kent Goldman, First Round Capital @kentgoldman
73. Larry Marcus, Walden Venture Capital @cyberlar
74. TechCoastAngles @techcoastangels
75. Bryce Roberts, OATV @bryce
76. Howard Lindzon, Knight’s Bridge Capital @howardlindzon
77. Sequoia Capital @Sequoia_Capital
78. True Ventures @trueventures
79. Founders Fund via Dave McClure @davemcclure
80. Mark Suster, GRP Partners @msuster
81. New Atlantic Ventures: Tim Rowe, @rowe; Steve Marcus, @smarcus; John Backus, @jcbackus
    Thanasis Delistathis, @tdelistathis