...À LA CARTE MENU – 2013 SIGNATURE DISHES S1. HOT PRAWN SALAD WITH FRESH FRUIT S2. BRAISED MINCED SPINACH SOUP WITH DICED FISH AND BEAN CURD SMALL 1,100 560 MEDIUM 1,500 860 LARGE 2,000 1,120 S3. SAUTÉED DICED VEGETABLES WITH PINE NUTS ON A BED OF LETTUCE 450 675 900 S4. BRAISED PUMPKIN AND TARO IN COCONUT MILK 400 600 800 S5. BIRTHDAY NOODLES S6. BRAISED FISH FILLET WITH EGGPLANT IN HOT POT 460 530 690 795 920 1,060 S7. SWEET AND SOUR PORK S8. AVOCADO SALAD ROLL 460 300 690 450 920 600 S9. CHILLED ASSORTED SHREDDED MUSHROOM AND CRABMEAT 540 810 1,080 Prices are quoted in Philippine Pesos and are subject to 10% service charge and applicable government taxes. LIVE SEAFOOD LIV E LOBSTER 1. COLD LOBSTER SALAD 2. LOBSTER SIMMERED IN SUPERIOR STOCK 3. STEAMED LOBSTER WITH GARLIC SAUCE 靛 4. WOK-FRIED LOBSTER WITH GINGER AND SPRING ONION 5. FRIED BABY LOBSTER WITH EGG WHITE 280 PER 100G 270 PER 100G 250 PER 100G 270 PER 100G 580 PER ORDER LIV E FISH 6. GAROUPA 7. PACIFIC GAROUPA (PLEASE ORDER ONE DAY IN ADVANCE) 8. PINK GAROUPA (PLEASE ORDER TWO DAYS IN ADVANCE) 190 PER 100G MARKET PRICE MARKET PRICE C OOKING METHOD FOR LIVE FISH : STEAMED WITH GARLIC, STEAMED WITH SOY SAUCE OR FRIED IN SWEET AND SOUR SAUCE :( , , , ) Prices are quoted in Philippine Pesos and are subject to 10% service charge and applicable government taxes. LIVE SEAFOOD FRESH PRAW N S/SHRIM PS 9. POACHED LIVE SHRIMPS 10...
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...How To Use Chopsticks Will you eat a sandwich with a spoon or use a fork to have an ice cream? No? Why? Because every food, to taste better, must be consumed using the right vessels and cutlery! Same is the case with Chinese and Japanese foods which seem to taste better when eaten with chopsticks. The origin of chopsticks can be dated back to China, around 3000 to 5000 years ago. Widely used in Japan, China, Korea and Vietnam to eat all kinds of foods, most of the chopsticks are made of bamboo while some are also made of ivory, plastic, silver and jade. They are considered as extensions of the fingers and are considered much better than spoons and forks in their usage. Although the respective Asian communities use chopsticks as effortlessly and naturally as Europeans use forks, it doesn’t really come that easily for the rest of us. Despite the fact that most of the world thinks of them as impossible feats, chopsticks actually provides your hands with a physical affinity with the food — something that our quintessential spoons, forks and knives can never boast of. Having said that, we also acknowledge that eating with chopsticks could require some training and hence the next section that talks about how to use chopsticks. Eating With Chopsticks * Clasp one chopstick between your thumb and middle finger. The chopstick must be in such a position that it is placed at the base of your thumb and at the lower joint of the middle finger. While the bottom chopstick remains intact...
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...Dim Sum Chinese Restaurants only represent a small percentage of restaurants in America comparing to other restaurant such as McDonald. Most Chinese restaurant menus list the dishes in their original Chinese names, but usually, the menu will have an English description of the dish. Chinese restaurants are usually decorated with items of Chinese culture, such as dragons, hanging lanterns and statues of Buddha. Chinese restaurants in the United States began during the California gold rush, which brought twenty to thirty thousand immigrants across from the Canton also know as the Guangdong region of China. Normally, Chinese restaurants are owned and operated by small, hardworking ethnic Chinese families. In Chinese cooking the “wok” is often said to be very important in food making, it's a large metal pan with a rounded bottom. China is a quite large country so it have several cooking styles for example, Szechuan, Hu nan, Cantonese and Northern Style in Beijing each with its own culinary style and flavors. Cantonese food is best known in the US and Canada for its dim sum small bites, steamed and fried dumplings stuffed with meat or seafood. Dim sums are individual portions of food traditionally served in small steamer baskets or on small plates. This style of food is also known as “yum cha”, which means tea drinking. Dim sum consist of many different variety of food. A traditional dim sum selection includes various types...
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...My Ethnic Foodways Personal foodways are usually decided by geographic region, family and tradition heritage, and personal likes and dislikes. In this paper, I will try to analyze how my personal foodways come from. I will have an overview with Chinese food culture, and I will try to explain the Cantonese foodways, which is also my personal foodways. According to Kiple & Ornelas (2000), “Although emperors and the princes enjoyed the privilege of savoring the very finest dishes, they, like everybody else, could not get along without cooked cereals.” “For in ancient as in modern China, cereals have been assigned the function of nourishing and sustaining life” (Kiple & Ornelas, 2000). I really agree with this statement that cereals play a really huge and important role in Chinese food culture and history. From ancient past to present, Chinese usually have cereal as the basic ingredient in their daily meals. Chinese commonly think that cereals are the essential ingredient to make them alive, and they will have cereals in every daily meal. Chinese usually see the dishes as the supplement for the cereals, so they usually won’t only have dishes without any cereal. There are a variety of cereals, like rice, wheat, millet, and maize. According to Kiple & Ornelas (2000), “Two of them, rice and wheat, are the most highly valued, with millet and maize less appreciated.” “From an agricultural point of view, wheat, various millets, and maize are the typical cereals of...
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...Financing Proposal WU Shizhi 1155068485 Company background Property Holdings Ltd is a real estate owner and developer. The group is one of the largest property developers in China. It develops and sells residential properties. It also operates in hotel and commercial properties industry. Agile has land in Hainan, Shanghai, Nanjing, Changzhou, Chengdu, Xi’an, Chongqing, Shenyang, Tianjing, Guangzhou, Foshan, Zhongshan, Huizhou and Heyuan. Ownership structure 62% stock shares of the company are held by Top Coast Investment Ltd whose major shore holder is the family of the founder of Agile. The second largest shareholder JP Morgan Chase & Co holds 4.38%. Dimensional Fund Advisors Ltd and Blackrock hold 1.18% and 1.16% shares, respectively. The estimated public float is between 30% and 35%. Capital Structure The total assets account for RMB 124,367 million. The company owns short-term borrowings and long-term borrowings RMB 16,363 million and RMB 26,203 million. The shareholders’ equity is RMB 33,851 million. The company’s total debt accounts for 34.2% of total assets. Its net debt/total equity is 72.4% and debt/common stock is 125.8%. Benchmark against the comparables There are lots of property companies in China or listed companies in Hong Kong. However, the most comparable companies should be property companies operating in mainland China but list in Hong Kong. Thus, the eligible comparable companies are Country Garden, Evergrande, Longfor, China Aoyuan...
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...Participating Bank to invest the excess RMB in debt securities, in onshore Inter-bank Bond Market. In October, China further open up both FDI and ODI in RMB (Pilot RMB Settlement of Outward Direct Investment) and nominated Xinjiang as the first pilot province (which in early 2011 expanded to 20 pilot areas). In June 2013, United Kingdom became the first G-7 country to set up an official currency swap line with China. As of July 2014, 25 countries have signed the RMB Bilteral Swap Ageeement with PBoC with total facilities of over ¥2.7 trillion. These agreements tell us that China decided to increase the role of RMB in the world currency market. 2007: Creation of Dim Sum bonds and offshore RMB bond market The dim sum bond market generally refers to RMB-denominated bonds issued in Hong Kong. The majority of dim sum bond are denominated in CNH, but some are linked to CNY (but paid in USD). In July 2007, dim sum bonds worth a total of US$657 million were issued for the first time by China Development Bank. These financial assets were issued to foreign investors in renminbi, rather than the local currency. In June 2009, China allowed Financial Institutions in Hong Kong to issue dim sum bonds. HSBC was the first FI that issued RMB Bond (dim sum bond). In August 2010, McDonald was the first corporate that issued dim sum bonds. In October, the Asian Development Bank (ADB) raised a ¥1.2bn 10-year bond, and...
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...An Introduction to VBA in Excel Robert L. McDonald† First draft: November, 1995 November 3, 2000 ∗ Abstract This is a tutorial showing how to use the macro facility in Microsoft Office—Visual Basic for Applications—to simplify analytical tasks in Excel. Contents 1 Introduction 2 Calculations without VBA 3 How to Learn VBA 4 Calculations with VBA 4.1 Creating a simple function . . . . . . . . . . . . 4.2 A Simple Example of a Subroutine . . . . . . . 4.3 Creating a Button to Invoke a Subroutine . . . 4.4 Functions can call functions . . . . . . . . . . . 4.5 Illegal Function Names . . . . . . . . . . . . . . 4.6 Differences Between Functions and Subroutines 3 3 4 5 5 7 7 8 9 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ∗ Copyright c 1995-2000 Robert L. McDonald. Thanks to Jim Dana for asking stimulating questions about VBA. † Finance Dept, Kellogg School, Northwestern University, 2001 Sheridan Rd., Evanston, IL 60208, tel: 847-491-8344, fax: 847-491-5719, E-mail: r-mcdonald@northwestern.edu. CONTENTS 2 5 Storing and Retrieving Variables in a Worksheet 5.1 Using a named range to read and write numbers from spreadsheet . . . . . . . . . . . . . . . . . . . . . . . . . 5.2 Reading and Writing to Cells Which are not Named. . . 5.3 Using the “Cells” Function to Read and Write to Cells. 10 the . . . . . . . . . 11 12 13 6 Using Excel Functions 13 6.1 Using VBA to compute the Black-Scholes...
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...Advanced Modelling in Finance using Excel and VBA Mary Jackson and Mike Staunton JOHN WILEY & SONS, LTD Chichester ž New York ž Weinheim ž Brisbane ž Singapore ž Toronto Copyright 2001 by John Wiley & Sons, Ltd, Baffins Lane, Chichester, West Sussex PO19 1UD, England National 01243 779777 International (C44) 1243 779777 e-mail (for orders and customer service enquiries): cs-books@wiley.co.uk Visit our Home Page on http://www.wiley.co.uk or http://www.wiley.com All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 9HE, UK, without the permission in writing of the publisher. Other Wiley Editorial Offices John Wiley & Sons, Inc., 605 Third Avenue, New York, NY 10158-0012, USA Wiley-VCH Verlag GmbH, Pappelallee 3, D-69469 Weinheim, Germany John Wiley & Sons Australia Ltd, 42 McDougall Street, Milton, Queensland 4064, Australia John Wiley & Sons (Asia) Pte Ltd, 2 Clementi Loop #02-01, Jin Xing Distripark, Singapore 129809 John Wiley & Sons Canada Ltd, 6045 Freemont Blvd, Mississauga, ONT, L5R 4J3, Canada British Library Cataloguing in Publication Data A catalogue record for this book is available from the British...
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...“FINANCE” Course “PRADA: TO IPO OR NOT TO IPO: THAT IS THE QUESTION, AGAIN” case analysis Brief summary of the case with the emphasis on managerial problems that Prada faces. Prada currently requires a significant amount of capital both to re-finance debt that is maturing in the next six to twelve months and to finance its intended growth into the Asian (especially Chinese) markets. Since financial markets are aware of Prada’s pressing need to raise capital, it is important for the board of directors to develop a credible strategy for raising the necessary capital of at least €1 billion. Although the press has been suggesting that Prada will do an initial public offering, the company has tried this several times in the past with no success, mainly because of bad timing (9/11, the SARS outbreak, and the ongoing global financial crisis and European sovereign debt crisis). The board has approached Guido Santini of the investment bank Grupo Capo Milano to come up with a number of credible alternatives and a strategy for raising the needed capital. 1. What is the current and future outlook for the luxury goods segment over the next couple of years? How should Prada position itself to prosper in this market? Luxury goods segment proved to be resilient to the economic crises and had consistently grown from 1994 till 2010.The luxury industry grew approximately by 2% per year until 2007, and by 1% per year from 2007 to 2010. Beginning from...
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...“If you’ve ever owned a dog, don’t miss this film about loyalty, devotion and undying love “ - It’s about “Hachiko: A dog’s tale”, an American movie based on the true story about a dog in Japan, who had been waiting for his owner to return from work at the station every day until the owner passed away at the beginning of the 20th century. Scripted by Stephen P. Lindsey and directed by Lasse Hallstrom, this drama film released in August 2009 with a mainstream budget. Parker Wilson found a lost puppy at the station and took the dog to his home because the station controller refused to take care of the puppy. He named the dog “Hachi” after he learnt about Japanese symbol’s meaning on the dog’s collar. There seemed to be a bond between the professor and Hachi. Every morning, when Parker left for work, Hachi followed him to the train station and every later afternoon, the dog walked to the station, waited patiently for the owner to return from work and then they went home together. One day, Parker suddenly had a heart attack and died at work meanwhile Hachi was still waiting patiently for him at train station. He was lying in the snow and waited for many hours until Parker’s son in-law came and brought him to home. The dog didn’t realize that his owner wouldn’t come back ever again so next morning, Hachi returned to the trained station and waited from dawn till dusk , and the next day, he tried to escape from his new owner’s house to come to the train station again as usual. So...
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...上海对外经贸大学 2014 — 2015 学年第 1 学期 《财务管理案例分析》课程期末考试A卷 选课序号： 612.043.201 任课教师： 唐旭君 姓 名： 学 号： 考试形式： □闭卷 ■开卷 双语教学： □是 ■否 修读方式： ■必修 □选修 □辅修 试卷页数 共 18 页 考试时间： 年级专业： 需计算器： 机考座位： 90 分钟 ■是 □否 号机 Case material: PRADA: TO IPO OR NOT TO IPO: THAT IS THE QUESTION, AGAIN It was January 25, 2011 and Guido Santini of the investment bank Grupo Capo Milano had just been asked to prepare a recommendation on how Prada should raise the money for its planned expansion in Asia and to pay the significant portion of its long-term debt that was maturing within one year. Although he had known this request would be coming at some point, he had expected a bit more time. His recommendation had to be presented to the Prada Board of Directors at their annual general meeting scheduled in two days, on January 27. THE MISSION The board requested that Santini prepare a report recommending and ranking alternatives for raising over 1 billion euros within the next six to 12 months. With more than €1 billion of debt maturing within 12 months (almost half in the next six months), Prada needed to have a credible plan in place to meet these obligations. In addition to the capital to refinance its existing debt, Prada had identified Asia as an area for future growth, and this growth also required capital. Asia was currently experiencing significantly higher growth than other parts of the world, and Prada wanted to be able to take part in and benefit from this. Consequently, Santini’s job was to recommend to the board how...
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...Renminbi Products A variety of offshore Renminbi products and services is provided in Hong Kong financial market. Hong Kong, as the first offshore market launching the renminbi business in 2004, it provides an ideal platform and sophisticated financial infrastructure for the financing and asset management, reminbi deposit, trade settlement and other renminbi services to cater to the needs of businesses. 1. Renminbi Deposit Since 2004, the Chinese government has reinforced the Hong Kong as an offshore renminbi business centre. Hong Kong is the largest renminbi liquidity pool outside Mainland China, and the gradual rise of the amount of renminbi deposit supports other renminbi businesses in Hong Kong. Between September in 2010 and September in 2010, the total amount of renminbi deposit has risen more than 300% from RMB149 billion to RMB622 billion. The rapid increase could be accounted for the poor performance of the equity market, leading to the search for another alternative investment for investors’ savings. When equity market is not doing well, RMB deposits and debt instruments could be no doubt the alternatives. Secondly, the expectation of the appreciation of renminbi has led to a rise of expected return on renminbi deposit, which increases the value of the renminbi, and it attracted more investors to deposit their money in reminbi. Comparing to the low Hong Kong dollar-deposit interest rate, which is around 0.1% because of following U.S. interest rate, Hong Kong...
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...Excel 2010 Microsoft ® ® ® Formulas John Walkenbach BONUS CD-ROM! Includes all Excel workbook files used in the book, plus the complete book in a searchable PDF file Excel® 2010 Formulas by John Walkenbach Excel® 2010 Formulas Published by Wiley Publishing, Inc. 111 River Street Hoboken, NJ 07030-5774 www.wiley.com Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana Published by Wiley Publishing, Inc., Indianapolis, Indiana Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 7486011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Trademarks: Wiley, the Wiley Publishing logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com, Making Everything Easier, and related trade dress are trademarks...
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...1. La situación actual en el mercado de los bienes de lujo es positiva. A pesar de la crisis internacional, el mercado no fue muy afectado aunque la tasa de crecimiento anual se redujo de un 2% a un 1% a nivel global. En lo que respecta al mercado Asiático, el mismo crece de manera mucho más rápida que en otras partes del mundo; con especial énfasis en China. En el mercado LATAM pasa a tener mayor relevancia Brasil. Prada se inserta en el mercado de manera significativa desde 19… con la visión de Miucci Prada (nieta del fundador) junto con la de su esposo a cargo de la empresa. En lo que respecta al futuro del mercado, no se prevén cambios significativos en el mismo. Se espera que el mercado Europeo como el americano siga creciendo (tasa del 4-5% anual por los próximos cinco años) como el Japonés (1-2% por año durante los próximos cinco años). El mayor crecimiento esperado es en Asia (10-11% anual) con especial énfasis en China (15% anual). 2. 3. Los objetivos que tiene en mente la dirección de Prada son el pago de sus obligaciones financieras y la expansión al mercado Asiático (al ser una oportunidad atractiva de crecimiento). Las opciones que analiza son tres: a. Emitir acciones públicas: al igual que como había intentado en diversas oportunidades, Prada puede realizar una IPO (“Initial Public Offer”). Esta opción trae aparejada un aumento en la regulación por parte de entes estatales como una pérdida de control para la familia Prada. Aún cuando las acciones...
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...Peter McGovern British Literature Miriam Kroeker March 19, 2010 Soho Paper Soho has changed much throughout time from the Victorian time to modern days. It has had its problems such a cholera or racial issues, as well as social reform in the founding of its police force and the founding for China Town in 1985 by the Duke of Gloucester. It has also maintained a rich tradition in dining and drinking which has acquired its own rich history along the way. During the reign of Queen Victoria the population of England doubled due to Industrial Revolution witch also put new pressures on her society. This caused the crime rate to increase. Seeing the need to reform the police force of England, the Home Secretary Robert Pell developed what was a crude but partially effective police force. He formed ‘The Metropolitan Police Force’, and two men he put in charge of the force of 1000 men, were Charles Rown and Richard Mayne. All London’s police were the responsibility of one authority, under the direction of the Home Secretary, with headquarters at Scotland Yard. At the time their duty was not only crime prevention but inherited many of the watchmen’s duties, consisting of lighting lamps, calling out time, watching for fires, and providing other public services. “Bobbies or Peelers were not immediately popular. Most citizens viewed constables as an infringement on English social and political life, and people often jeered the police”(McDonnell). In much of...
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