Portfolio update September 2025
A weak month for the portfolio, but with three deep dives published, plenty to think about.
World-leading home appliances business at 7x P/E. Estimated reading time: 15 minutes
China's leading ride hailing platform at 8.4x 2029e P/E with a HK listing catalyst
Global provider of low-cost dental prosthetics. Estimated reading time: 13 minutes
A book on China’s capitalist experiment by Anne Stevenson-Yang. Estimated reading time: 16 minutes
Dissecting four of the most common pushbacks against investing in Chinese equities. Estimated reading time: 19 mins