Monday morning links
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Monday morning links
Fed's rate hike, seven key macro trends, Dream International, JD, Grab, Meiko Network Japan
The Federal Reserve’s 75bps rate hike is clearly going to have a negative impact on EM sovereign debt and housing markets in Hong Kong, Singapore and beyond. Commodity exporters will be less vulnerable than commodity importers. I wrote about these topics and more in this post about seven key macro trends in Asia ($).
($ = behind a paywall)
I wrote a report on Hong Kong-based toy OEM Dream International (1126 HK — US$203 million) ($)
Compounder fund with a sell thesis on JD.com (JD US — US$102 billion)
Value Punks on Southeast Asian ride hailing platform Grab (GRAB US — US$8.9 billion)
Kenkyo Investing on micro-cap cram school operator Meiko Network Japan (4668 JP — US$122 million)
(estimated reading time) ($ = behind a paywall)
I wrote down thoughts on the key seven macro trends in Asia (15 mins) ($)
Last Bear Standing with a great primer on the Fed’s balance sheet (11 mins)
Interview with energy specialist Nelson Wu at Open Square Capital (16 mins)
Variant Perception on BoJ’s dovish policy stance (1 min)
The Market Sentiment Substack is bearish on the NFT market (7 mins)
Lillian Li on private Chinese social media platform Xiaohongshu (9 mins)
Thought-provoking interview with geopolitics expert Edward Luttwak (43 mins)
Searching 4 value’s review of Stephen Caitlin’s book Risk & Reward, about the property & casualty insurance industry (6 mins)
Freightwaves on the carnage among container shipping stocks (4 mins)
(listening time)
Bridgewater’s Greg Jensen on BoJ’s policy and the USD (11 mins)
Short-seller Jim Chanos thinks there’s more pain to come (58 mins)
Energy expert Anas Alhajji from the 15” mark on a coming oil crisis (1:33 hours)
RenTech’s Jim Simons on mathematics, common sense and luck (45 mins)
Aswath Damodaran on how inflation affects company valuations (1:55 hours)
Paul Beach on the global battery market (38 mins)
Beyond the Boardroom with a special episode on Asian activism (40 mins)
Professor Wes Gray on portfolio construction (1:06 hours)
Doug O'Laughlin from the Fabricated Knowledge Substack on the semiconductor industry (1:15 hours)
(Announced buybacks last week; randomly selected; min market cap: US$200m)
Sinotrans Limited (598 HK — US$3.7 billion)
Ming Yuan Cloud Group (909 HK — US$2.7 billion)
Yangzijiang Financial (YZJFH SP — US$1.3 billion)
Cogobuy Group (400 HK — US$411 million)
Shinko Shoji (8141 JP — US$241 million)
(Stocks with insider buys <7 days; randomly selected; min market cap: US$200m)
Regional Container Line: US$239k (RBF TB — US$993 million)
Ta Ann Holdings: US$190k (TAH MK — US$438 million)
Straits Trading: US$80k (STRTR SP — US$910 million)
Siamgas & Petrochem: US$40k (SGP TB — US$534 million)
MBK PCL: US$10k (MBK TB — US$725 million)
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