香港誠品、Apple Store、希慎廣場、租務策略

August 18, 2012

I sometimes conduct research and read stuff to gain new understanding and to satisfy my own curiosity. In this case, I’ve done a little digging to get a better understanding (at least for me) re 香港誠品、希慎廣場、租務策略. Instead of spending the time I don’t have to write an article, I am sharing with you my raw data/material. Feel free to leave your comments.

Anchor Tenants: See previously posted article re “香港誠品“. From 9to5mac “Hong Kong’s second Apple Store landing in Hysan Place, opening later this year?

Good read: Knowledge@Wharton, “Can J.C. Penney’s New CEO [Ron Johnson, chief of Apple’s retail stores] Reinvent the Department Store?

From 2011 希慎管理層的討論與分析

希慎廣場(位於軒尼詩道500號的重建項目)是集團下一個發展里程,包括15層寫字樓及17 層商舖,總樓面面積共達710,000平方呎。希慎廣場將為希慎的整體物業組合帶來長遠的策 略價值:
• 希慎廣場的商場部份將大大強化集團的整體商舖物業組合,使總樓面面積增加50%,同時 帶來更精彩的租戶組合,當中不少租戶為首次進軍香港的品牌。
• 新廈將提供優質樓面,為希慎寫字樓組合的發展注入一股強大動力,增進集團甲級寫字樓 組合作為中環商業區最自然延伸的優勢。新廈將是2012年港島區唯一落成的 AAA 級寫字 樓,其符合可持續發展概念的設計,採用最高標準的建造規格,而所有寫字樓樓層均坐擁 維港美景。 Read the rest of this entry »


陳心田 與 林錦堂 講一講 “工會罷工/談判權”

June 9, 2012

Last time Wallace and I talked about the Facebook “investment” before the super hyped IPO. Unfortunately, we were 100% right. What we discussed (the nature of Facebook, what is “investing”, etc) were backed by what we now have seen. And many many people actually lost billions on paper! You can watch our pilot episode here: “林錦堂與陳心田講一講 Facebook “投資”“.)

This time, Wallace and I talked about union’s rights to strike/bargaining rights (Air Canada, CP rail). You can watch it here: 陳心田 與 林錦堂 講一講 “工會罷工”. We hope you enjoy our show!

林錦堂與陳心田講一講 Facebook “投資”

May 22, 2012

Facebook (FB)上星期五 (May 18, 2012) IPO,開市價由IPO的$38跳升到$42,但最後以$38.23收市 (較IPO價微高23仙)。FB 星期一以$36.53較星期五收市價低開$1.70,星期一早午未收市前,我很高興可以與陳心田(Wallace Chan)首次合作用廣東話在 YouTube (LIVE,直播) 及 Google+ Hangout On Air (直播) 將我及心田(Wallace) 所知的 Facebook 講一講,與大家分享所謂的 Facebook “投資”。星期一 Facebook 最後以$34.03收市,較開市價的$42 及 IPO價$38 低 18.9% 及 10.4%。

林錦堂 與 陳心田 講一講 Facebook “投資” 20120521

Have a read of “Facebook employees have millions. Now what?

中國走上資本主義 邊際革命之路 – Video interview Ning Wang – How China Became Capitalist, co-author with Ronald Coase Nobel Laureate in Economics

March 29, 2012

Kempton interview Ning Wang (co-author with Ronald Coase (Nobel Laureate in Economics)) re their new book How China Became Capitalist

諾貝爾經濟學獎得主高斯(Ronald Coase, 科斯)今年101歲,他與亞利桑那州立大學(Arizona State University)的Ning Wang合作出版一本花了四年時間研究和撰寫的新書(How China Became Capitalist)(我臨時中譯成為《中國微革 走上資本主義之路》)。我很高興有機會訪問Ning。這裡是我跟Ning的英文訪問。(see note 1 re book’s temp Chinese title)

I had a great interview with Ning Wang (co-author with Ronald Coase (Nobel Laureate in Economics)) to talk about their new book How China Became Capitalist. (Sample Chapter: You can download a free sample book chapter from Palgrave.)

I appreciate very much professor Wang spending over an hour sharing his insight with me about How China Became Capitalist and answering questions I have related to the Chinese economy. The following are edited clips of the video interview. By the way, feel free to share your comments and questions. When I finish reading the book, I plan to arrange another interview with Ning to talk more. And I may be able to incorporate some of the comments/questions into my next interview.

I have edited the interview into 3 clips with a list of questions/themes. Enjoy.

*** Main interview (see below for list of questions/themes)

Main interview (list of questions/themes)

Q1) Can you talk about the Shenzhen stock exchange in mid-90s where it had 300 offices for people to buy or sell stocks when the stock exchange actually had NO official permission to allow for these trades?!

Q2) China is now the world largest producer of Ph.Ds. Yet Qian Xuesen (錢學森), a most respected Chinese scientist asked a sobering question before his death in 2009 and the question is known as the “Qian Puzzle”.

“Why have Chinese universities not produced a single world-class original thinker or innovative scientist since 1949 ?”

Q3) Quoting the book,

“After more than three decades, the Chinese legal system is still far away from where it can “guarantee the equality of all people before the people’s laws and deny anyone the privilege of being above the law.”” 

This is a tough assessment which I agree with very much. Can you share your thoughts?

Q4) So far I’ve only read parts of the book but I feel more pessimistic of the possibility in seeing China makeing positive changes. I’m feeling more constrained by the history I now know. Can you share your thoughts?

Q5) I love this quote in the book,

“Capitalism with Chinese characteristics is very much like traffic in Chinese cities, chaotic and intimidating for many western tourists. Yet Chinese roads deliver more goods and transport more passengers than those in any other country.

Can you share your thoughts?

*** More in-depth questions

List of more in-depth questions/themes

Q1) China’s “Rule by Law” as opposite to the western practice of “Rule of Law“, that one word (“by” vs “of”) makes the difference of night and day! Can you share your thoughts? (see note 2)

Q2) “Do you see institutional arrangement as something culturally oriented or is base upon universally applicable principles? i.e. if every country is of certain uniqueness or that there exists a ‘one size fits all’ economic system?” [Thanks goes to my economist friend Wallace for this question.]

Q3) What is your and prof. Coase’s main discovery or new understanding gained from the years of research compare to the original understanding in 2008 when you started the research?

Q4) Can you talk about research topics that you and prof. Coase like to see more of? Any interesting puzzles worth further research?

*** Background questions about the book

List of background questions/themes about the book

Q1) Can you talk about the process of writing the book with professor Coase? I understand there was the 2008 Chicago Conference on China’s Market Transformation and then the 2010 Chicago Workshop on the Industrial Structure of Production.

Q2) I understand the book title has a history and may be traced back to 1982! Can you talk about it?

Q3) Given Ning’s Ph.D. wasn’t in Economics, how did he get to write this economics book and meet professor Coase?

How China Became Capitalist by Ronald Coase (Nobel Laureate in Economics) & Ning Wang - published Mar 23, 2012


1) The book “How China Became Capitalist” currently does NOT have an official Chinese title. I originally translated “How China Became Capitalist” in a straight forward manner as “中國怎樣變成資本主義國家”. And then I found someone else translated it as “中國如何走向資本主義” which seems ok too. But I just realized that a good name can only come after reading the whole book which I haven’t done yet. I thought of using “中國微革 走上資本主義之路” You see, Marginal Revolution is an important concept in the book but its straight forward translation “邊際革命”  doesn’t quite work for me. I like “微革” for Marginal Revolution but I am also coining a new term here. So I am not happy but settling for “中國走上資本主義 邊際革命之路” for now. If “資本主義” is too sensitive to be used, I am ok with “中國邊際革命之路” or “中國微革之路”.

2) During the writing of this post, I found a link to a book chapter “The Institutional Diffusion of Courts in China: Evidence from Survey Data” (pdf) by Pierre F. Landry, Assistant Professor of Political Science at Yale University. This book chapter is one of the chapters in the book “Rule By Law: The Politics of Courts in Authoritarian Regimes“. While I haven’t read it, it may be something that is worth reading further.

Apple’s First Marketing Guru On Why ‘1984’ Is Overrated – AdAge

March 1, 2012

For the record.

Apple’s First Marketing Guru On Why ‘1984’ Is Overrated – AdAge
Regis McKenna On Advising Startups and How He Helped Steve Weather ‘Antennagate’

By: Matt Creamer Published: March 01, 2012
When a young Steve Jobs needed a marketing expert, he called Intel to ask who made their sharp-looking ads and was told “Regis McKenna.” He then inquired what Regis McKenna was. The answer: “A person.”

As the Apple co-founder soon found out, Mr. McKenna was indeed a person and one with particular skills that resulted in a lot of press for his Silicon Valley clients. Besides being Apple’s first ad and public-relations shop, his firm helped grow a number of tech behemoths.

We caught up with Mr. McKenna, who retired from consulting in 2000 but remains a seed investor and still advises young companies, to talk about startup marketing, Apple and Mr. Jobs’ biography, though Mr. McKenna suggests not believing everything in Walter Isaacson’s book.

Ad Age: There’s probably more popular interest in startups today than ever. Do you think that makes it easier for those marketing startups?

Regis McKenna: No. I think we’re going to have a lot of spikes in who covers what. You can be very popular one week and gone the next. People want attention, but it often hurts startup companies because it sets such high expectations. It’s much more complex than simply getting attention. The other problem with attention is, how do you segment the audience? Companies have to be patient. I learned in the “70s that the ads won all the awards, but the company went bankrupt. I’ve always lived with that maxim. In a way, that’s what happened with the “1984” ad. Apple went into 10 years of decline after that. It didn’t have anything to do with the attention, because the ad still gets attention. It had to do with the wrong product.

Ad Age: Are you saying the ad industry overrates the “1984” ad? Read the rest of this entry »

Interviewing Andreas Kluth author of “Hannibal and Me”

February 24, 2012

Interviewing Andreas Kluth, author of Hannibal and Me, The Economist U.S. West Coast correspondent

Earlier this week, I had an insightful and fun interview with Andreas Kluth (Google+). Andreas is The Economist‘s US West Coast correspondent and author of a brand new book “Hannibal and Me: What History’s Greatest Military Strategist Can Teach Us About Success and Failure“.

I highly recommend “Hannibal and Me” and will write a book review later. For now, have a watch of my interview with Andreas. I hope to give you a sense of why I love the book so much.

Interviewing Andreas Kluth author of “Hannibal and Me”

Luboh helps users share their buying experiences

October 16, 2011

Luboh - logo

My insightful friend & former co-worker Sarb recently launched Luboh (in beta) with his partners. Here is my text interview with Sarb to tell you more about the cool Luboh.

Kempton: For people who haven’t heard about Luboh yet, can you talk about how they can use Luboh? How will Luboh help people?

Sarb: The idea behind Luboh is to help users share their buying experiences. While there are many online reviews and customer feedback and opinions on many consumer products, the authors are typically strangers. Instead, we as humans place far higher importance on opinions of people we know. Our friends and family. Let me give you an example. Say you’re looking for a new TV and it just so happens that when you mention it to your friend while at the pub. He tells he just got a fantastic deal on a Sony model XYZ TV from a shop down the road. No doubt you’re interested. More so than perhaps reading an online review from an effectively anonymous individual. lets you easily find a product that you’re interested in and then to either ask your Facebook friends what they think of it or if you’ve already bought it, to tell your friends what a great deal you got! You can try Luboh at

Kempton: Can you share a few screen captures to explain some of the Luboh features or functions?

Sarb: Here is a screen sample showing what search results look like. If you login with your facebook account, we’ll also show you what your friends have recently bought. (Click to zoom in to large image)

And here’s another one that shows how you share information with friends. (Click to zoom in to large image)

Kempton: Does the name Luboh have any special meaning?

Sarb: Well, other than “lu-boh” being a really cool name for a website, the word “lub-oh” in Punjabi (pronounced slightly differently to the website) actually means search-for.

Kempton: Future plans?

Sarb: The site is still in a beta mode and there is still some work left to iron out the wrinkles. In the future we hope to keep on increasing the number of products and services that we have access to, to make it more and more useful to our users.


P.S. You can follow Luboh on their Facebook page.