- Shanghai International Airport's recent profit warning puts the company's bargaining power with duty-free operators in the spotlight. Charlie Munger disclosed he has a position in the stock in 2017.
- The Chinese authorities seem to be managing the COVID-19 situation in the country relatively better now, which mitigates the negative impact of the resurgence of the virus.
- Chinese property landlord Hang Lung Properties Limited's "five-star" malls have outperformed the company's "four-star malls" last year, which implies that the Chinese luxury consumer sector has been doing very well.
For further details see:
Asian Event-Driven Weekly: Munger's China Airport Operator Investment