21 Sep 2021 | Value Investing Substack NEWS
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Highlights:
What Does Evergrande Meltdown Mean for China? | Michael Pettis of Peking University on Evergrande
https://carnegieendowment.org/chinafinancialmarkets/85391Evergrande; Mixed signals on regulatory crackdown; AUKUS
https://sinocism.com/p/evergrande-mixed-signals-on-regulatory-2cbGMT Research scoop on Evergrande in 2017:
https://www.gmtresearch.com/en/research/newletter-12/S&P Global | Evergrande Default Contagion Risk: What It Means For China Sovereign And Banks (open to public):
https://www.spglobal.com/ratings/en/events/webcasts/evergrande-default-contagion-risk-sept-21-2021-
News:
The United States of Sanctions
https://www.foreignaffairs.com/articles/united-states/2021-08-24/united-states-sanctionsStatement by President Joseph R. Biden, Jr. on the Executive Order Regarding the Crisis in Ethiopia
https://www.whitehouse.gov/briefing-room/statements-releases/2021/09/17/statement-by-president-joseph-r-biden-jr-on-the-executive-order-regarding-the-crisis-in-ethiopia/Carousell, which Shopee copied from in early days, has finally become unicorn
https://thelowdown.momentum.asia/carousell-which-shopee-copied-from-in-early-days-has-finally-become-unicorn/Missing Chinese entrepreneur briefly surfaces on eve of book’s publication
Duan Weihong called her ex-husband and warned him to cancel the release of his book ‘Red Roulette’: https://www.ft.com/content/9d33b101-f3b0-4de4-a046-4019a3b4a00f?shareType=nongiftPhilippines' Manny Pacquiao to run for president in 2022
https://www.businesstimes.com.sg/government-economy/philippines-manny-pacquiao-to-run-for-president-in-2022China Evergrande: Investors assess risks of likely default
https://asia.nikkei.com/Spotlight/Market-Spotlight/China-Evergrande-Investors-assess-risks-of-likely-defaultCover Story: How Evergrande Could Turn Into ‘China’s Lehman Brothers’
https://www.caixinglobal.com/2021-09-20/cover-story-how-evergrande-could-turn-into-chinas-lehman-brothers-101775596.htmlDidi co-founder Jean Liu told associates she plans to leave
https://www.straitstimes.com/asia/east-asia/didi-co-founder-jean-liu-told-associates-she-plans-to-leave-sourcesXi’s celebrity crackdown no match for Universal Studios in China
https://ph.news.yahoo.com/xi-celebrity-crackdown-no-match-for-universal-studios-in-china-062403714.htmlPeter Thiel Claimed Zuckerberg Agreed to Push ‘State-Sanctioned Conservatism’ Under Trump Deal, Book Says
https://www.thedailybeast.com/peter-thiel-claimed-mark-zuckerberg-agreed-to-push-state-sanctioned-conservatism-under-trump-deal-book-saysYellen, IRS Push Democrats to Require Banks to Report Taxpayers’ Annual Account Flows
https://www.wsj.com/amp/articles/yellen-irs-push-democrats-to-require-banks-to-report-annual-account-flows-11631727020India could surpass the UK as the world’s 5th largest stock market by 2024, Goldman says
https://www.cnbc.com/2021/09/21/goldman-sachs-india-start-ups-ipo-report.htmlU.K. Soft Drink Makers Have Just Days of Carbon Dioxide Left
https://finance.yahoo.com/news/u-k-soft-drink-makers-164211632.htmlPetrol stations, eateries, convenience stores can open until midnight, says Hisham
https://www.thestar.com.my/news/nation/2021/09/21/petrol-stations-eateries-convenience-stores-can-open-until-midnight-says-hisham
Media:
Podcast: The Complete History & Strategy of TSMC
https://www.acquired.fm/episodes/tsmc