Table of contents

A list of posts previously published on Asian Century Stocks

If you’re new here, check out the About Page first.

1. Deep-dive reports
2. Stock updates
3. Portfolio updates
4. Thematic reports
5. How to buy Asian stocks
6. What you get as a subscriber

Most of the content on this website is for premium subscribers only. Subscribe to unlock the entire archive and receive future posts via email:

---

Last updated: 12 June 2025

1. Deep-dive reports

($ = for subscribers only)

• 2025-12: Didi ($)

• 2025-11: Kawai Musical Instruments ($)

• 2025-10: Giant Manufacturing ($)

• 2025-9: Anicom ($)

• 2025-8: Nippon Parking Development ($)

• 2025-7: Metrodata ($)

• 2025-6: Halyk Bank ($)

• 2025-5: Link REIT ($)

• 2025-4: Poper ($)

• 2025-3: Haad Thip ($)

• 2025-2: JD.com ($)

• 2025-1: BASE ($)

• 2024-23: Hongkong & Shanghai Hotels ($)

• 2024-22: Prada

• 2024-21: Anxian Yuan ($)

• 2024-20: Kaonavi ($)

• 2024-19: Mandarin Oriental ($)

• 2024-18: Samyang Foods ($)

• 2024-17: China Overseas Property ($)

• 2024-16: Lion Rock ($)

• 2024-15: Yakult ($)

• 2024-14: Pacific Textiles ($)

• 2024-13: Fu Shou Yuan ($)

• 2024-12: MTR Corporation ($)

• 2024-11: Kansai Paint ($)

• 2024-10: Best Mart 360 ($)

• 2024-9: Lao Feng Xiang B-share ($)

• 2024-8: Micro-Mechanics ($)

• 2024-7: Pentamaster International

• 2024-6: Prosus ($)

• 2024-5: PropertyGuru ($)

• 2024-4: Ginebra San Miguel ($)

• 2024-3: Straco ($)

• 2024-2: IMAX China ($)

• 2024-1: Tai Cheung ($)

• 2023-22: Curves Holdings ($)

• 2023-21: Fairfax India ($)

• 2023-20: SUTL Enterprise ($)

• 2023-19: China Tower

• 2023-18: China Overseas Land & Investment ($)

• 2023-17: Plover Bay Technologies ($)

• 2023-16: Kimly ($)

• 2023-15: Philippine Stock Exchange ($)

• 2023-14: Sierra Rutile ($)

• 2023-13: L'Occitane ($)

• 2023-12: International Housewares Retail

• 2023-11: Fuji Corp Miyagi ($)

• 2023-10: Ryohin Keikaku ($)

• 2023-9: MacroAsia ($)

• 2023-8: NagaCorp

• 2023-7: Hartalega ($)

• 2023-6: Seria ($)

• 2023-5: Hysan Development ($)

• 2023-4: UMP Healthcare ($)

• 2023-3: Boustead Singapore

• 2023-2: SaraminHR ($)

• 2023-1: Hello Group ($)

• 2022-30: Café de Coral ($)

• 2022-29: Codan ($)

• 2022-28: Tabcorp

• 2022-27: Casio Computer ($)

• 2022-26: VTech ($)

• 2022-25: Koito Manufacturing ($)

• 2022-24: Swire Pacific

• 2022-23: Delta Djakarta ($)

• 2022-22: Kansai Electric ($)

• 2022-21: Niu Technologies ($)

• 2022-20: Velesto Energy ($)

• 2022-19: Samsonite ($)

• 2022-18: Largan Precision ($)

• 2022-17: Sony

• 2022-16: Dream International ($)

• 2022-15: Kyushu Railway ($)

• 2022-14: FANUC ($)

• 2022-13: Uni-President China

• 2022-12: Ten Sixty Four ($)

• 2022-11: Subaru ($)

• 2022-10: Genting Singapore ($)

• 2022-9: Thai Beverage

• 2022-8: T. Hasegawa ($)

• 2022-7: Pan Pacific International ($)

• 2022-6: Guangzhou Baiyunshan Pharma ($)

• 2022-5: Uni-Charm Indonesia ($)

• 2022-4: LG Household & Healthcare ($)

• 2022-3: MAP Aktif ($)

• 2022-2: CK Hutchison ($)

• 2022-1: Holcim Philippines ($)

• 2021-25: Hanssem ($)

• 2021-24: Fairwood ($)

• 2021-23: Sempio Foods

• 2021-22: Daiichi Kosho ($)

• 2021-21: Multi Bintang ($)

• 2021-20: Pakuwon Jati ($)

• 2021-19: Ultrajaya Milk

• 2021-18: Pico Far East ($)

• 2021-17: TravelSky Technology ($)

• 2021-16: Jardine Cycle & Carriage ($)

• 2021-15: Okamoto Industries

• 2021-14: A2 Milk Company ($)

• 2021-13: Bloomberry Resorts ($)

• 2021-12: QAF ($)

• 2021-11: En-Japan ($)

• 2021-10: United Plantations ($)

• 2021-9: BAT Malaysia ($)

• 2021-8: Genki Sushi ($)

• 2021-7: Delfi

• 2021-6: China Unicom (Hong Kong) ($)

• 2021-5: Sanrio Company ($)

• 2021-4: Ichigo Hotel REIT ($)

• 2021-3: Malaysia Airports ($)

• 2021-2: SBS Transit

• 2021-1: Dairy Farm ($)

• 2020-8: Yantai Changyu Pioneer Wine ($)

• 2020-7: Koshidaka

• 2020-6: Weibo ($)

• 2020-5: CNOOC ($)

• 2020-4: SATS

• 2020-3: Major Cineplex ($)

• 2020-2: Haier Smart Home D-Share

• 2020-1: Haw Par Corporation

---

2. Stock updates

($ = for subscribers only)

• June 2025: Haw Par Corporation ($)

• April 2025: Haad Thip ($)

• February 2025: Boustead Singapore ($)

• January 2025: Subaru ($)

• December 2024: Fairfax India ($)

• December 2024: Kaonavi ($)

• November 2024: Koito Manufacturing ($)

• November 2024: Fairwood ($)

• September 2024: Boustead Singapore ($)

• August 2024: Astra International update ($)

• July 2024: Samsonite update ($)

• May 2024: IMAX China update ($)

• May 2024: Koshidaka update ($)

• April 2024: International Housewares Retail update ($)

• March 2024: Sony update ($)

• March 2024: Delfi update ($)

• October 2023: Hartalega update ($)

• September 2023: Thai Beverage update ($)

• September 2023: CK Hutchison update ($)

• August 2023: Alibaba update ($)

• July 2023: Multi Bintang update ($)

• May 2023: Major Cineplex update ($)

• March 2023: En-Japan update ($)

• January 2023: Haw Par Corporation update ($)

• December 2022: LG Household & Health late-2022 update ($)

• November 2022: Dairy Farm late-2022 update ($)

• August 2022: Uni-Charm Indonesia mid-2022 update ($)

• July 2022: United Plantations 2022 update ($)

• May 2022: CNOOC 2022 update ($)

• September 2021: Ping An? ($)

• September 2021: Sony? ($)

• July 2021: Nintendo? ($)

• July 2021: Tencent? ($)

---

3. Portfolio updates

($ = for subscribers only)

• May 2025: Portfolio update May 2025 ($)

• April 2025: Portfolio update April 2025 ($)

• March 2025: Portfolio update March 2025 ($)

• February 2025: Portfolio update February 2025 ($)

• January 2025: Portfolio update January 2025 ($)

• December 2024: Portfolio update December 2024 ($)

• November 2024: Portfolio update November 2024 ($)

• October 2024: Portfolio update October 2024 ($)

• September 2024: Portfolio update September 2024 ($)

• August 2024: Portfolio update August 2024 ($)

• July 2024: Portfolio update July 2024 ($)

• June 2024: Portfolio update June 2024 ($)

• May 2024: Portfolio update May 2024 ($)

• April 2024: Portfolio update April 2024 ($)

• March 2024: Portfolio update March 2024 ($)

• February 2024: Portfolio update February 2024 ($)

• January 2024: Portfolio update January 2024 ($)

• December 2023: Portfolio update December 2023 ($)

• November 2023: Portfolio update November 2023 ($)

• October 2023: Portfolio update October 2023 ($)

• September 2023: Portfolio update September 2023 ($)

• August 2023: Portfolio update August 2023 ($)

• July 2023: Portfolio update July 2023 ($)

• June 2023: Portfolio update June 2023 ($)

• May 2023: Portfolio update May 2023 ($)

• April 2023: Portfolio update April 2023 ($)

• March 2023: Portfolio update March 2023 ($)

• February 2023: Portfolio update February 2023 ($)

• January 2023: Portfolio update January 2023 ($)

• December 2023: Portfolio update December 2022 ($)

• November 2022: Portfolio update November 2022 ($)

• October 2022: Portfolio update October 2022 ($)

• September 2022: Portfolio update September 2022 ($)

• August 2022: Portfolio update August 2022 ($)

• July 2022: Portfolio update July 2022 ($)

• June 2022: Portfolio update June 2022 ($)

• May 2022: Portfolio update May 2022 ($)

• April 2022: Portfolio update April 2022 ($)

• March 2022: Portfolio update March 2022 ($)

• February 2022: Portfolio update February 2022 ($)

• January 2022: Portfolio update January 2022 ($)

• December 2021: Portfolio update December 2021 ($)

• November 2021: Portfolio update November 2021 ($)

• October 2021: Introducing the Asia-focused portfolio ($)

---

4. Thematic reports

($ = for subscribers only)

• May 2025: Hidden champions of Malaysia ($)

• May 2025: Generative AI

• April 2025: Tariff chaos ($)

• April 2025: Travel notes: Pattaya ($)

• March 2025: Bottom-fishing in Indonesia ($)

• February 2025: Japan’s top 2024 IPOs ($)

• February 2025: Generation Z

• February 2025: Philippines trading volumes ($)

• February 2025: Dividend withholding taxes

• January 2025: Martial law in South Korea ($)

• December 2024: The bubble tea craze

• December 2024: 10 Questions with Made in Japan ($)

• November 2024: Trump's tariff plan ($)

• October 2024: Complete guide to Japan SaaS ($)

• October 2024: Analyze capital allocation in 10 easy steps

• October 2024: What’s left in my CPF ($)

• October 2024: Q&A: Modern Dental ($)

• September 2024: Live stream with Daye Deng ($)

• September 2024: Hong Kong property amid rate cuts ($)

• September 2024: Alternative data for dummies ($)

• September 2024: Interview with Afiq Isa

• September 2024: Interview with Raghav Kapoor

• August 2024: Complete guide to Singapore REITs ($)

• August 2024: Interview with Alex Sweet

• August 2024: Macro update for 3Q2024

• August 2024: Platinum group metals ($)

• July 2024: Johor's property market is heating up ($)

• July 2024: Travel notes: Tokyo ($)

• July 2024: Mining for Money

• Jun 2024: Parallels between evolution and investing ($)

• Jun 2024: 10 Questions with Jon Y at Asianometry

• May 2024: South Korea’s Corporate Value Up program ($)

• May 2024: Macro update for 2Q2024

• May 2024: Travel notes: Hong Kong ($)

• April 2024: Spy the Lie

• April 2024: The Silver Economy ($)

• April 2024: 10 Questions with Chris Beselin

• April 2024: Closed-end funds at a discount ($)

• April 2024: Indonesia after Jokowi ($)

• March 2024: China’s capitalist experiment

• March 2024: Druckenmiller's gold miner bet ($)

• February 2024: What I read in February 2024 ($)

• February 2024: Travel notes: Western Australia ($)

• February 2024: Macro update for 1Q2024

• February 2024: Hong Kong's death has been exaggerated ($)

• January 2024: What I read in January 2024 ($)

• January 2024: Fraud in Asia

• January 2024: Naming and shaming in Japan ($)

• January 2024: The cocoa question

• January 2024: What I read in December 2023 ($)

• December 203: 2024 predictions ($)

• December 2023: Macro update for 4Q2023

• December 2023: China worries ($)

• November 2023: What I read in November 2023 ($)

• November 2023: The Asian pet industry ($)

• October 2023: What I read in October 2023 ($)

• October 2023: Pricing power, revisited

• October 2023: Australia's coming housing bust ($)

• October 2023: What I read in September 2023 ($)

• October 2023: Travel notes: Chiang Mai ($)

• September 2023: 10 Questions with InflationX

• September 2023: Introduction to the global wristwatch market ($)

• September 2023: Hidden Champions among India's ADRs/GDRs ($)

• August 2023: What I read in August 2023 ($)

• August 2023: Top 20 book recommendations

• August 2023: Travel notes: Manila

• July 2023: What I read in July 2023 ($)

• July 2023: Hidden Champions of Taiwan ($)

• July 2023: What if the yen strengthens? ($)

• July 2023: The global plane shortage ($)

• July 2023: Culture: Decoded

• June 2023: How to become an Asian tycoon ($)

• June 2023: Hidden champions among China's ADRs ($)

• June 2023: Catalyst: Mutant Mayhem ($)

• June 2023: Hong Kong's tourism boom ($)

• May 2023: Value investing 101

• April 2023: Hidden champions of Hong Kong ($)

• April 2023: Borrowing ideas from funds, part 6 ($)

• April 2023: Playing Red Roulette

• April 2023: The glove cycle is bottoming ($)

• April 2023: Hidden champions of Singapore ($)

• March 2023: Winners of China's "daigou" crackdown ($)

• March 2023: Chinese ADRs are safe from delisting, for now ($)

• March 2023: IVF

• March 2023: The Japanese restaurants that will prosper beyond COVID ($)

• March 2023: 10 Questions with Dmitry Baulin (Astutex)

• February 2023: 10 Questions with ChatGPT

• February 2023: Lithium is moving into oversupply ($)

• February 2023: The 2023 box office looks promising

• February 2023: Masks off! ($)

• January 2023: The Moody’s manuals, but for Taiwan ($)

• January 2023: China's EV subsidies are going to zero ($)

• January 2023: Anime is hot again ($)

• January 2023: China's borders are reopening ($)

• December 2022: 2023 predictions ($)

• December 2022: 2022 recap ($)

• December 2022: Eight spin-offs ($)

• December 2022: Indonesia's new criminal code threatens liberty

• December 2022: Glucose monitors will become mainstream

• December 2022: China's zero-COVID policy is dead

• November 2022: Inflation-protection provisions are inadequate

• November 2022: Shipbuilding 101 ($)

• October 2022: 10 Hong Kong stocks with unusual insider buying ($)

• October 2022: Who benefits from the weak yen? ($)

• October 2022: Borrowing ideas from funds, part 5 ($)

• October 2022: Introduction to Asia’s fertiliser industry ($)

• September 2022: Variant view: Automotive chip shortage ($)

• September 2022: Variant view: Japan's coming tourism boom ($)

• August 2022: 10 Questions with Michael Dunne ($)

• August 2022: Interview with Herald van der Linde ($)

• July 2022: Taste Gourmet meeting notes ($)

• July 2022: A technique for screening out frauds ($)

• July 2022: Post-war Germany’s lessons on inflation ($)

• July 2022: 10 Questions with “Clayton” ($)

• July 2022: Vacation reading list for 2022 ($)

• June 2022: Seven important macro themes ($)

• June 2022: 20 rules for investing in Vietnam ($)

• June 2022: Mapping Asia's toy industry ($)

• May 2022: The industrial robot cycle ($)

• May 2022: Battling a bear market ($)

• April 2022: Mapping the Asian airport sector ($)

• April 2022: Borrowing ideas from funds, part 4 ($)

• April 2022: Mapping the Asian ETF market ($)

• March 2022: Complete guide to Japan shareholder activism ($)

• March 2022: Korean preference shares ($)

• February 2022: A 360 degree view on Thai small-caps ($)

• February 2022: China’s property market is turning ($)

• February 2022: Introduction to Asia-Pacific markets ($)

• January 2022: Chinese supermarket wars ($)

• January 2022: Introduction to ASEAN cement ($)

• January 2022: Resources for Asia-focused investors ($)

• December 2021: Predictions for 2022 ($)

• December 2021: Investing, Richard Lawrence-style ($)

• December 2021: The Magic Formula meets Asia-Pacific ($)

• December 2021: Borrowing ideas from funds, part 3 ($)

• December 2021: Potential Omicron beneficiaries ($)

• November 2021: Will China become socialist again? ($)

• November 2021: Six contrarian bets in Hong Kong ($)

• November 2021: Singapore residential property ($)

• October 2021: Borrowing ideas from funds, part 2 ($)

• October 2021: Borrowing ideas from funds, part 1 ($)

• October 2021: 11 Questions with "Hide not Slide" ($)

• October 2021: The Bank of Kyoto? ($)

• September 2021: The Indonesian property market ($)

• September 2021: A dozen Japanese vaccination bets ($)

• September 2021: Review of Marc Faber’s biography ($)

• August 2021: 12 Questions with nipponNuggets ($)

• August 2021: Review of Asia’s Investment Prophets ($)

• August 2021: Mass-market clothing stocks ($)

• August 2021: The Asian tobacco industry ($)

• August 2021: A/H-share discounts ($)

• July 2021: Toll road stocks

• July 2021: Condom manufacturers ($)

• July 2021: 12 Questions with Daniel Tabbush ($)

• July 2021: The best retail broker for Asia ($)

• July 2021: 10 Questions with Aaron Pek ($)

• June 2021: Samsung is in a crucial transition ($)

• June 2021: Speculation in 1980s Taiwan ($)

• June 2021: Revisiting past ideas ($)

• June 2021: Asia’s casino industry

• June 2021: Buyback screen ($)

• June 2021: Major themes for 2022 ($)

• June 2021: Upstream oil & gas ($)

• May 2021: Q&A with Delfi’s management team ($)

• May 2021: Review of Robert Kuok’s biography ($)

• May 2021: Implications of B.1.617.2 (Delta) ($)

• May 2021: Asian dairy industry ($)

• May 2021: China’s housing market ($)

• May 2021: The East Asian development model ($)

• May 2021: Insider buying screen ($)

• May 2021: China’s business cycle peaking ($)

• May 2021: EV market predictions ($)

• April 2021: Korea’s stock market bubble ($)

• April 2021: The Asian travel recovery trade ($)

• April 2021: US sanction removal bets ($)

• April 2021: Review of Karl Ulrich’s book Winning in China ($)

• April 2021: Tips for new investors ($)

• April 2021: Simple tricks to spot fraud ($)

• March 2021: Asia’s defence industry ($)

• February 2021: How to protect your capital in a war ($)

• January 2021: Book review of “The Chinese Invasion Threat” ($)

---

5. How to buy Asian stocks

To understand how you can buy stocks in Asia, please check my post below on the retail brokers that provide access to Asian stock markets:

The best retail broker for Asia

---

6. What you get as a subscriber

If you subscribe to the free version of Asian Century Stocks, you’ll get a weekly e-mail with links to Asia stock related content.

A full paid subscriptions also give you access to the following content:

• Over 20x deep-dive reports on value stocks in the Asia-Pacific (example here)

• Full disclosure of my own personal Asia-focused portfolio (example here)

• Thematic reports such as industry overviews (example here)

To unlock all of the above content, please become a full subscriber by clicking the button below.