Monday morning links
Nippon Sanso, Metals X, Japan Reliance Service Corporation
The CCP’s 20th Party Congress has concluded. The main takeaway is that Xi Jinping has secured a third term and installed loyalists in key positions. Expect more of the same: a focus on building up state-backed national champions.
Yesterday, I published a post about the potential winners of a weak Japanese yen. Automakers, commodity producers, banks and semiconductor equipment makers are likely to benefit, while electric utilities and airlines will be at a disadvantage.
Germany’s Abilitato Blog on Nippon Sanso (🇯🇵 4091 JP － US$6.7 billion) (German language)
The Profit Hunting blog on ASX-listed tin miner Metals X (🇦🇺 MLX AU － US$154 million)
Kenkyo Investing discussing nano-nano cap security service company Japan Reliance Service Corporation (🇯🇵 4664 JP － US$9 million)
(estimated reading time) ($ = behind a paywall)
I wrote an essay: Who benefits from the weak yen? (16 mins) ($)
Bridgewater: Progressing through the tightening cycle (9 mins)
Crescat Capital: The golden era of macro investing (15 mins)
Open Insights: 3Q2022 update on the crude oil market (13 mins)
Think tank analyst Kamil Galeev on the war in Ukraine (18 mins)
Can Yilanci: Value fund managers tend to sell winners too fast (2 mins)
Asianometry: How is TSMC still growing? (7 mins)
For fun: Japan Optimist Substack suggests products you can now buy cheaply in Japan thanks to the weak yen (6 mins)
Smartkarma’s weekly forum on Ace Hardware, Roblox & Nexon (5 mins)
Travis Lundy on Shinsei Bank, Toa Oil, and Toyo Construction (42 mins)
Louis-Vincent Gave on the potential for a Chinese reopening (1:22 hours)
Howard Marks discusses Oaktree’s investments in China (14 mins)
Soo Chuen Tan of value investing firm Discerene Group (1:20 hours)
Japan Times on Japan’s reopening of its borders (23 mins)
Robert Chelliah on what it’s like running an organic farm in Cambodia (57 mins)
Nikkei Asia Stream on China’s party congress & the future of the PRC (36 mins)
Defence expert Elbridge Colby: Taiwan will not remain independent (20 mins)
Stefan Aust, author of a book on Xi Jinping, about Xi’s future (25 mins)
WSJ’s Lingling Wei on Xi Jinping’s impact on the Chinese economy (16 mins)
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