Monday morning links
Japanese border reopening, FANUC, YUM China, A2 Milk, KSK, YAVB podcast
Starting from June, Japan’s borders will open up to foreign tour groups from 98 countries. Quarantining will no longer be required for entry. Visa applications can be submitted from 10 June, but it will take a few weeks before the first tourists arrive. The Japanese yen has depreciated, making travel to Japan affordable for foreigners.
But don’t expect a rapid recovery. The number of arrivals to Japan will be capped at 20,000 per day vs 100,000+ before the pandemic.
($ = behind a paywall)
I wrote a report on Japanese CNC device and industrial robot giant FANUC (6954 JP — US$34 billion) ($)
Investor Insights Asia with an introduction to YUM China (YUMC US — US$34 billion)
Compounder Fund is bearish A2 Milk (A2M AU — US$2.6 billion)
Kenkyo Investing on Japanese systems integrator KSK (9687 JP — US$127 million)
(estimated reading time)
Petition Substack: Is Pakistan about to default? (11 mins)
Searching 4 Value’s review of Mauboussin’s Expectations Investing (4 mins)
Crescat Capital believes we’re in a rotation from tech to commodities (6 mins)
Calafia Beach Pundit on the slowdown in US M2 money supply growth (3 mins)
Variant Perception discussing investing in concentrated industries (1 min)
CSIS report on China’s industrial policy compared to its regional peers (71 pgs)
Another CSIS article on China’s answer to the SWIFT system (22 mins)
(listening time)
Yours truly spoke to Andrew Rangeley at the YAVB podcast (36 mins)
Bill Miller on why he’s bullish on Chinese tech stocks (1:51 hours)
Ed Thorp on his career, investing, and how to stay in shape (1:34 hours)
Jim Chanos on Coinbase, Enron, and the Golden Age of Fraud (45 mins)
Bridgewater’s Greg Jensen believes the market has further to fall (1 hour)
Tian Yang at Variant Perception provides the firm’s macro outlook (1:18 hours)
The Transcript with their quarterly review of 1Q2022 earnings calls (51 mins)
Motley Fool with an energy investing 101 course (27 mins)
Tom Roderick (formerly at Eclectica) on China’s zero-COVID policy (59 mins)
(Largest over past 7 days; min market cap: US$200m)
Jaymart: US$6.6 million (JMART TB — US$2.5 billion)
Asian Terminals: US$2.6 million (ATI PM — US$506 million)
Nam Long Investment: US$2.0 million (NLG VN — US$789 million)
AKR Corporindo: US$1.0 million (AKRA IJ — US$1.4 billion)
Origin Property: US$0.9 million (ORI TB — US$773 million)
Thank you for reading!
Sign up for over 20 deep-dive reports on Asian stocks per year and full disclosure of my personal portfolio. I will be happy to see you join!
Disclaimer: Asian Century Stocks uses information sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. You are advised to discuss your investment options with your financial advisers, including whether any investment is suitable for your specific needs. From time to time, I may have positions in the securities covered in the articles on this website.