This week’s readings / links include a recent speech by Kevin Rudd on understanding China’s rise under Xi Jinping (excellent read), business lessons from Jack Ma, an interview with GMO’s Jeremy Grantham, a look at the last days of Whitney Tilson’s Kase Capital and a conversation with Ed Thorp. Understanding China’s rise under Xi Jinping: […]
Month: March 2018
Wykeham Trims One Media Group
Wykeham Capital Limited (Wykeham) reduced their stake in HK-listed One Media Group Limited (One Media Group). According to a filing submitted to the Hong Kong Stock Exchange on March 22nd, 2018, the firm sold 5,734,000 shares on the exchange at an average price of HKD 1.5394 per share on March 19th (total consideration was ~US$1.125m). Following the sale, Wykeham’s […]
Readings For The Week (18/3)
This week’s readings / links include a profile of Teresa Barger (Cartica Management), Ben Thompson on Dropbox, thoughts on China’s development trajectory, an update from the Scottish Oriental Smaller Companies Trust and a conversation with Jerry Yang. Where (most) activists fear to tread: Teresa Barger, co-founder of Cartica Management, explains why her firm applies activist investing […]
Hillhouse Ups Stake In China Resources Beer
Hillhouse Capital Management (Hillhouse) recently increased their stake in Hong Kong-listed China Resources Beer (Holdings) Company Limited (China Resources Beer). According to a filing made to the Hong Kong Stock Exchange on March 14th, 2018, Hillhouse bought 3,738,000 shares on the exchange at an average price of HKD 34.3767 per share on March 9th (the […]
Readings For The Week (11/3)
This week’s readings / links include a look at the accuracy of media reporting on China’s investment activities in Africa, Connie Chan on the narrative of “China vs. the U.S.” as a zero-sum game, Oasis Capital Management’s bet on Japan’s pro gaming scene, a special report on how Hindu nationalists are trying to assert their […]
RIT’s 2017 Annual Report
RIT Capital Partners have published their 2017 annual report. To download it, please click here. Always an interesting read, especially Lord Rothschild’s letter to shareholders. They tend to be fairly conservative investors and have a good track record in terms of protecting capital, so it’s useful to keep an eye on the asset allocation and […]
Lumiere Capital’s 2017 Letter
Lumiere Capital’s 2017 letter is now out. You can access and download it directly from their website. They have a “deep value” style of investing, with significant exposure to Hong Kong-listed small/mid cap stocks, a market segment they believe offers “the best combination of growth prospects and deep undervaluation.” The philosophy and portfolio characteristics feel […]
Readings For The Week (4/3)
This week’s readings / links include an opinion piece from Hugh Young of Standard Aberdeen, thoughts on economic “reform” in Xi’s China, a look at Dymon Asia’s new hiring initiative, SoftBank’s investment process and an interview with Chamath Palihapitiya. Also, Kerr Neilson is stepping down as the CEO of the Platinum Group. Asia provides tantalising glimpse […]