James Hay, founder of the Pangolin Asia Fund, recently spoke with the AWANI Review’s Ibrahim Sani. The interview is worth a watch, although it requires a couple of steps to access. You first need to create an account with AWANI Review and then search for the article (dated Jan 31st, 2018). Among other things, Hay discusses […]
Author: offpisteblog
NTAsian Trims Stelux Holdings Stake
NTAsian Discovery Master Fund (NTAsian) recently trimmed their stake in HK-listed Stelux Holdings International Ltd. (Stelux Holdings). According to a filing submitted to the Hong Kong Stock Exchange on February 1st, 2018, the firm sold 12,909,000 shares on the exchange at an average price of HKD 0.61 per share on February 1st (total consideration was ~US$1m). […]
Longleaf Partners Q4 2017 Report
The Longleaf Partners International Fund recently published their 4Q shareholder letter, which you can download and read here. The letter includes commentary on a number of the Asian companies in their portfolio, including Melco International, CK Asset and Yum China. Some highlights on Yum China below (a direct excerpt from their letter): Yum China: “…the […]
Graham & Doddsville: Winter 2018 Issue
The latest edition of the Graham & Doddsville newsletter is out. The publication is put together by the students of Columbia Business School (CBS). You can download and read a copy here. The Winter 2018 issue includes interviews with Leon Cooperman (Omega Advisors), David Poppe and John Harris (Ruane, Cunniff & Goldfarb), C.T. Fitzpatrick (Vulcan […]
Silchester Adds To Luk Fook
Silchester International Investors LLP (Silchester) recently added to their stake in HK-listed Luk Fook Holdings (International) Limited (Luk Fook). According to a filing submitted to the Hong Kong Stock Exchange on January 26th, 2018, the firm bought 1,065,000 shares off the exchange at an undisclosed price on January 26th. Following the purchase, Silchester’s stake in Luk […]
Readings For The Week (28/1)
This week’s readings / links include a review of the bear case for Chinese markets, a conversation with Kosmo Kalliarekos of Baring Private Equity Asia, a look at the centuries-old struggle against the caste system in India, Angus Deaton on why the U.S. can no longer hide from its deep poverty problem and the latest memo […]
George Soros – Davos 2018 Speech (Transcript)
George Soros addressed a small audience in Davos last week, where he discussed (among other things) the rise of nationalism and the emergence of large, monopolistic technology platforms such as Facebook and Google that are becoming “obstacles to innovation.” His full speech transcript is embedded below, via Alex Jungwirth of Apollo PR. Well worth a […]
Senrigan Discloses Stake In Winto Group
Senrigan Capital Group (Senrigan) recently increased its stake in HK-listed Winto Group (Holdings) Limited (Winto Group). According to a filing submitted to the Hong Kong Stock Exchange on January 25th, 2018, the firm bought 223,384,000 shares on January 25th on the exchange at an average price of HKD 0.058 per share (total consideration was ~US$1.66m). Following […]
Readings For The Week (21/1)
This week’s readings / links include Michael Pettis on why China likely won’t buy fewer U.S. treasury bonds, a look at the rise of internet censorship in Southeast Asia, thoughts on competition in the digital age, an interview with Walter Isaacson about his biography of Leonardo da Vinci and a profile of the Amanyangyun. Why […]
Readings For The Week (14/1)
This week’s readings / links include a look at China’s war on poverty, an interview with Richard Liu (founder of JD.com), a profile of Mark Mobius, why Chinese workers are abandoning Silicon Valley for riches back home and short interviews with David Webb and Wang Lihong (Bain Capital). China’s war on poverty could hurt the […]