Thematic reports
IVF
Secular growth for decades to come. Estimated reading time: 11 minutes
Links
Monday morning links
En-Japan, Geo-Energy Resources, Haw Par Corporation
The best recent posts on Asian Century Stocks
A monthly reminder of the best recent posts sent to paid subscribers
Japan
En-Japan update (4849 JP)
A highly successful HR-tech company suffering from weak near-term earnings due to its new Engage platform. Estimated reading time: 22 minutes
Thematic reports
Chinese ADRs are safe from delisting, for now
On VIE structures, delisting risks and potential workarounds. Estimated reading time: 15 minutes
Links
Monday morning links
KFC, Japanese restaurants, Astutex alt-data
Japan
The ultimate guide to Japan's publicly listed restaurant chains
Fast-food and sushi are taking market share on a secular basis, but the izakayas have the greatest recovery potential. Estimated reading time: 36 minutes
Thematic reports
10 Questions with Dmitry Baulin
On the use of alternative data when forming investment decisions. Estimated reading time: 9 minutes
Links
Monday morning links
Deep-dive 2023-4, Techtronic Industries, Shimano, Business Brain Showa-Ota, Keck Seng Investments
Portfolio
Portfolio update February 2023
Rally in MAP Aktif but weaker-than-expected earnings at VTech. Estimated reading time: 24 minutes
Deep-dives
UMP Healthcare (722 HK)
Hong Kong healthcare provider at 8x P/E with significant insider buying
Thematic reports
10 Questions with ChatGPT
Discussion with the AI chat bot on topics related to Asian equities