Monday morning links

TSMC, China Jushi, Far East Consortium, 111 Inc, Asian spin-offs, Indonesia's new criminal code

A friend of the publication, Canadian long/short family office 0MC.co, is looking for a research analyst. Generous variable compensation. If you’re interested, send an email to hr@0mc.co.

• The Generalist on Taiwanese semiconductor foundry TSMC (🇹🇼 2330 TT－ US$398 billion)

• Pyramids and Pagodas on Chinese glass fibre manufacturer China Jushi (🇨🇳 600176 CH－ US$8.3 billion)

• Koneko Research on Hong Kong hotel owner Far East Consortium (🇭🇰 35 HK－ US$667 million)

• Special Situation Investment on Chinese online healthcare platform 111, Inc, which just received a privatisation offer (🇨🇳 YI US - US$284 million)

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(estimated reading time) ($ = behind a paywall)

• Asian Century Stocks: 8 Asia-Pacific spin-offs (21 mins) ($)

• Asian Century Stocks on Indonesia’s new criminal code (8 mins)

• Bonhoeffer Fund’s 3Q2022 letter discussing LG Corp & Lotte Chilsung (29 mins)

• Florian Kronawitter: Is inflation over? (8 mins)

• Goehring & Rozencwajg 3Q letter: Why won’t energy companies drill? (36 mins)

• Kexin Xu discussing TSMC founder Morris Chang’s speech in Arizona (9 mins)

• Stratechery: The history of video games (20 mins)

• SaaS investor Octahedron Capital: A few things we learned (122 slides)

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(listening time)

• Jeff Gundlach & Felix Zulauf discussing geopolitics and more (58 mins)

• Louis Vincent-Gave: Investment themes for 2023 (55 mins)

• Value investor Vitaliy Katsenelson on his life and his latest book (1:16 hours)

• Nikkei Asia Stream on immigration trends across Asia (59 mins)

• Arjun Murti: Are we at peak energy? (17 mins)

• Kyle Bass provides a bearish take on the Chinese economy (57 mins)

• Dan Slater & Joseph Wong: Why democracy emerged in Asia (56 mins)

• The Spectator on being foreign in China over the past decades (39 mins)

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Asia ex-China cross-border tourism is booming. Source: @BarbarianCap

Thank you for reading 🙏

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