Portfolio review April 2023
Adding to three China reopening proxies. Estimated reading time: 28 minutes
Disclaimer: This article constitutes the author’s personal views and is for entertainment and educational purposes only. It is not to be construed as financial advice in any shape or form. Please do your own research and seek your own advice from a qualified financial advisor. From time to time, the author may hold positions in the below-mentioned stocks consistent with the views and opinions expressed in this article. I have positions in all of the below stocks when publishing this article. This is a disclosure - not a recommendation to buy or sell stocks.
The portfolio has continued to perform nicely, +1.9% month-on-month and now +21.3% since inception in October 2021.
The major contributor was China’s oil major CNOOC, which has offered positive guidance regarding China’s demand for oil and CNOOC’s ability to meet its production targets. Philippine casino operator Bloomberry Resorts also jumped after regulator PAGCOR said it would divest all of its gaming assets.
I purchased m…
Keep reading with a 7-day free trial
Subscribe to Asian Century Stocks to keep reading this post and get 7 days of free access to the full post archives.