Monday morning links

A new format for the newsletter today. I added buybacks, insider buys and recent IPO data. I also introduced colours to make the newsletter easier to scan quickly.

($ = behind paywall)

  • I wrote a deep-dive on a Japanese karaoke equipment maker Daiichi Kosho (TSE: 7458 — US$2.0 billion) ($)

  • The Circle of Competence blog on Chinese search engine Baidu (Part 2) (NASDAQ: BIDU — US$62 billion) (h/t: Aaron Pek)

  • Olivier at Emergingvalue on Southeast Asia-focused holding company First Pacific (SEHK: 142 — US$1.7 billion). Over the weekend, Olivier also shared his thoughts on Twitter about three Hong Kong small-caps.

  • The Calico Capital Substack on Japanese small-cap tech stock Beenos (TSE: 3328 — US$372 million)

(Largest announced as % of market cap over past 7 days; min market cap: US$50m)

(Largest buys over past 7 days; min market cap: US$50m)

  • Xinyi Glass: US$9.7 million (HKSE: 868 — US$12 billion)

  • Gelex Group: US$8.5 million (HOSE: GEX — US$841 million)

  • Dong Hai: US$1.6 million (HOSE: DHC — US$289 million)

  • Global Consumer PCL: US$1.2 million (SET: GLOCON — US$78 million)

  • Jaymart: US$1.1 million (SET: JMART — US$363 million)

(Largest market cap past 7 days; min market cap: US$50m)

(estimated reading time)

(listening time)

China H-shares trade at a 10-year record discount to their respective A-shares

Thanks for reading, and I wish you a great week ahead!

If you enjoyed this post, please consider joining 179 other full subscribers of Asian Century Stocks by pressing the button below. You will then have immediate access to the archive of past articles, 20+ deep-dives per year, thematic industry reports and access to our subscriber chat group on Telegram.

Join now