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China opens economic zone to Taiwan

There are no political motives behind the setting up of a special economic zone in China's southern Fujian province that is open to Taiwan investment, a mainland official said.

The Pingtan Experimental Zone "belongs to the economic domain", and is not an experimental laboratory for the "One Country, Two Systems" policy, Yang Yi, spokesman of the State Council's Taiwan Affairs Office, said at a news conference in Beijing yesterday.

Yang highlighted the attractiveness of the mainland's economic policies and urged Taiwan to reciprocate.

With an area of about 324 square km, Pingtan is the closest mainland island to Taiwan. The mainland aims to channel 60 billion yuan (US$9.53 billion) to develop the zone this year, targeting an overall investment of 250 billion yuan ($39.6 billion) during the 2011-15 period, Fujian Governor Su Shulin said in Taiwan's Hsinchu city on March 25.

Su, who went on a five-day visit to Taiwan on March 26, said that the Pingtan project is a goodwill "package" sent across the Straits.

"We would like to open the package and let everyone look inside to see whether the gift comes from genuine goodwill or has strings attached," Su said in a speech on Tuesday when he met Lien Chan, honorary chairman of the Kuomintang, Taiwan's ruling party.

"If the answer is positive, we are ready to offer it at anytime," he said.

"I believe Pingtan will become a modern metropolis within a decade," he said.

Tang Yonghong, deputy director of the economic research office of the Taiwan Research Institute in Xiamen University, said some Taiwan politicians have overreacted and targeted the development of Pingtan as political.

How to develop Pingtan on a mutually satisfactory basis should be done after comprehensive talks, he said.

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China opens economic zone to Taiwan

Domain Developers Fund Announces 16.37% annual net performance results for 2011

CAYMAN ISLANDS--(BUSINESS WIRE)--

The Domain Developers Fund, a public open fund investing in internet domain names only, today announced an annual performance of 16.37 % in the NAV of the fund, compared to a projected target increase of 15% for FY 2011. Sales have increase 240% compared with 2010 and the AUM has doubled during 2011.

During the fiscal year 2011, the Domain Developers Fund made some major transactions including the acquisitions of Swords.com, Exhibitions.com, Holland.net and Belgium.net along with the sale of Howareyou.com, cars.net and many others. The domain industry as a whole saw an increase of 11% in value based on Domainindex.com for .COM domains.

Revenues from parked domains have been stable and sales have been increasing over the year with no signs of a weak economy in the domain industry. The fund manages 5000 valuable domains and many more traffic generating domains, about 200 domains have been build out to projects, such as Holland.net, Belgium.net, species.com and swords.com. The fund operates its own SEO and Programming teams and technology expects the AUM to double again in 2012.

"The performance and the increase in the assets under management show that our plan of introducing Internet domain names as a new asset class is a working concept and that people are interested in the idea of investing in domain names in the same manner they invest in real estate," Marcovici noted.

Barclayhedge, one of the worlds leading alternative investment Database lists the Domain Developers Fund now as the #1 Fund in the miscellaneous Hedge Funds section for 2011, outperforming all other uncorrelated products in this category.

The Domain Developers Fund's management anticipates that next annual earnings will be stronger due to increased efforts in developing high end domains. Domain Developers Fund continues to expect a performance of 15% for 2012.

Headquartered in Cayman Islands, the Domain Developers Fund is the first and only public open-ended investment fund that invests in domains: the Internet's real estate. The Fund was a managed account by private domainers before it incorporated in August 2010 in the Cayman Islands, the Funds investors are mainly private individuals as well as family offices and few funds. The DDF is administered by JPFund and audited by BDO.

ISIN: KYG280681076

CUSIP: G28068 107

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Domain Developers Fund Announces 16.37% annual net performance results for 2011

Celebs, Players, Fans, Interviews…SUPERBOWL XLVI…Indianapolis, IN…Streetscene.TV – Video

27-03-2012 20:49

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Celebs, Players, Fans, Interviews...SUPERBOWL XLVI...Indianapolis, IN...Streetscene.TV - Video

Stunt ft T dot, TwoCupp, and Vinlee – Hulk Hogan [HDshawti Films] – Video

28-03-2012 06:52 Music video by Stunt performing Hulk Hogan from Stunt 4eva. (c) 2012 Fly High Gang Music Group, LLC.

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Stunt ft T dot, TwoCupp, and Vinlee - Hulk Hogan [HDshawti Films] - Video

"After The Storm" by Mumford and Sons – cover by REGGIE – Video

28-03-2012 12:49 FOLLOW ME ON TUMBLR: reggiedottv.tumblr.com FOLLOW ME ON TWITTER: twitter.com

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"After The Storm" by Mumford and Sons - cover by REGGIE - Video