This week’s readings/links include Andy Xie on why China must draw the right lessons from Japan’s trade war with the US, Third Point’s presentation on Sony, David Webb on why Carrie Lam must go, Platinum’s June 2019 market update and excerpts from a RealVision video interview with John Hempton.

• China must draw the right lessons from Japan’s trade war with the US: Andy Xie says the country can’t afford to make the same policy mistakes as Japan.
• A stronger Sony: Third Point’s full presentation and letter.
• Why Carrie Lam must go: But this will not prevent the increasing erosion of HK’s autonomy writes David Webb.
• Market update June 2019: Platinum’s outlook and positioning.
• When your process gets it wrong: Excerpts from a RealVision interview with John Hempton.