Southeastern Asset Management (Southeastern) recently reduced their stake in HK-listed Melco International Development (Melco). According to a filing made to the Hong Kong Stock Exchange on May 11th, 2017, the firm sold 8,605,000 shares on the exchange at an average price of HKD 16.35 per share on May 8th (total consideration was ~US$18m). Following the sale, Southeastern’s stake in Melco decreased from 13.10% […]

The Capital Group Companies (Capital Group) recently increased their stake in HK-listed TravelSky Technology (TravelSky). According to a filing made to the Hong Kong Stock Exchange on April 27th, 2017, the firm bought 21,213,000 shares on the exchange at an average price of HKD 19.03 per share on April 26th (total consideration was ~US$51.8m). Following the purchase, their stake in TravelSky increased from 5.44% to 7.71% […]

Edgbaston Investment Partners (Edgbaston) recently added to their stake in HK-listed Wasion Group Holdings (Wasion). According to a filing made to the Hong Kong Stock Exchange on April 24th, 2017, the firm bought 4,124,000 shares on the exchange at an average price of HKD 3.749 per share on April 21st (total consideration was ~US$1.99m). Following the purchase, their stake in Wasion increased from 5.88% to […]

David Webb recently added to his stake in HK-listed company Lung Kee (Bermuda) Holdings (Lung Kee). According to a filing submitted to the Hong Kong Stock Exchange on April 25th, 2017, he purchased 198,000 shares on the exchange at an average price of HKD 3.472 per share on April 20th (total consideration was ~US$88,300). Following the purchase, Webb’s stake in Lung Kee […]

Columbia Business School’s Heilbrunn Center for Graham & Dodd Investing recently hosted the annual Pershing Square Challenge, which is sponsored by Bill Ackman’s family foundation. According to the school’s website, the challenge is “the culmination of a three-month competition among roughly forty teams of first- and second-year Columbia Business School Students enrolled in the [center’s] Applied Security Analysis […]

Coupland Cardiff’s Asia Focus Fund recently released their letter for March, which you can access via their website. The fund is managed by Charlie Erith and is focused on small and mid cap listed equities in the Asia ex Japan market. The March update includes commentary on a number of their portfolio holdings including TK Group, Venture Corp and International Container […]

Wykeham Capital Limited (Wykeham) increased their stake in HK-listed Ming Fai Group (Ming Fai). According to a filing made to the Hong Kong Stock Exchange on April 11th, 2017, the firm bought 1,105,000 shares on the exchange at an average price of HKD 1.087 per share on April 6th (total consideration was ~US$155,000). Following the purchase, Wykeham’s stake in the company increased from […]

Arisaig Partners recently released their letter for March, which is available for download from their website. Their Asia Consumer Fund is now up 15.4% for the year, driven largely by a broad-based market recovery in India in 2017. The fund has significant exposure to the retail sector in India, which was one of the relatively few short-term […]

Dalton Investments LLC (Dalton) added to their stake in HK-listed CSI Properties Limited (CSI). According to a filing made to the Hong Kong Stock Exchange on April 10th, 2017, the firm bought 6,550,000 shares on the exchange at an average price of HKD 0.355 per share on April 6th (total consideration was ~US$299,000). Following the purchase, their stake in CSI increased from 6.95% to 7.01% […]

David Webb recently added to his stake in HK-listed Win Hanverky Holdings (Win Hanverky). According to a filing made to the Hong Kong Stock Exchange on March 29th, 2017, he purchased 1,514,000 shares on the exchange at an average price of HKD 1.15 per share on March 24th (total consideration was ~US$222,000). Following the purchase, Webb’s stake in Win Hanverky increased […]