Discover more from Asian Century Stocks
Monday morning links 🔗
PAX Global, October portfolio update, Asian shipbuilding
I wrote two posts over the past week:
First, an introduction to Asia’s shipbuilding industry - a topic that’s rarely discussed on the sell-side. There are signs of life in the shipbuilding industry after a decade-long bear market. But it remains to be seen whether new tanker orders will outweigh the recent weakening in containership orders.
Second, I wrote an October portfolio update, with some movement in the portfolio due to the weakness in the Japanese yen and the recent drop in Hong Kong-listed stocks.
There are lots of rumours flying around about a potential loosening of China’s COVID-19 controls. I’m skeptical. The lockdowns will probably become fewer and fewer, but I doubt the border will open up anytime soon.
The Pyramids and Pagodas Substack on Hong Kong payment terminal maker PAX Global (🇭🇰 327 HK － US$495 million)
(estimated reading time) ($ = behind a paywall)
I wrote a portfolio update for October 2022 (16 mins) ($)
I also wrote an introduction to the Asian shipbuilding industry (24 mins) ($)
Louis-Vincent Gave on the ”three zeroes”: zero carbon, zero interest rates and zero-COVID, none of which makes sense in his view (11 mins)
China Charts: Using Synthetic Aperture Radar to measure coal port activity (4 mins)
Murray Hunter on the ongoing rebound in economic growth in the ASEAN region (4 mins)
Konichi-Value: Housing in Tokyo is cheaper than you think (4 mins)
Marc Faber is bullish on Hong Kong stocks (48 mins)
Former Bridegwater EM research head Whitney Baker is bullish EM stocks while cautioning that US tech stocks could have further to fall (1:17 hours)
BIS economist Hyun Song Shin on the strength of the US Dollar (47 mins)
Jeff Gundlach thinks US inflation will eventually turn to deflation (20 mins)
Smartkarma’s Scott Foster provides his top Japanese IT stock picks (35 mins)
Military strategist Grant Newsham on Japan’s Self-Defense Force (1:10 hours)
A fun discussion between short-sellers Carson Block & Andrew Left (1:16 hours)
Oasis’s Seth Fischer on the next era of shareholder activism in japan, recorded in April 2022 (1:04 hours)
Kyla Scanlon on her life as a “finfluencer” (48 mins)
Thank you for reading!
Sign up for over 20 deep-dive reports on Asian value stocks per year and full disclosure of my personal portfolio:
Disclaimer: Asian Century Stocks uses information sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. You are advised to discuss your investment options with your financial advisers, including whether any investment is suitable for your specific needs. From time to time, I may have positions in the securities covered in the articles on this website.