Monday morning links
Schools in Beijing have stopped using foreign textbooks, following a similar move by Shanghai schools a few weeks ago. Foreign language apps have also been pulled from app stores. Karaoke bars have been banned from offerings songs that threaten national unity. The Chinese government clearly wants to minimise foreign influence.
China’s anti-graft watchdog also called for drinking curbs, hitting alcohol stocks such as Yantai Changyu, which I have recommended in the past. Such curbs will clearly have a negative impact on the sales of wine.
New Chinese COVID-19 cases have dropped now for several days in a row. That could potentially be a buy signal for Chinese transport-related stocks.
China shut down the world’s third-largest port. But the effects should be temporary.
Malls in Indonesia’s capital Jakarta reopened last week after a massive delta outbreak. Indonesian shopping mall-related stocks are still inexpensive, so there might be opportunities here.
Samsung’s third-generation leader JY …