EM Fund Stock Picks & Country Commentaries (March 22, 2026)

As of late March, more February fund updates have become available (our continuously updated post containing all funds is here) along with new research starting with some funds that are still pushing AI or private credit:

TCW must have some private credit or AI investments to unload:
- 🔬🌐 When the Crowd Exits: The Case for Entering Private Credit
- 🔬🌐 Beyond Cockroaches and Canaries: A Clearer View of Private Credit
- 🔬🌐 AI Runs on Power, Silicon… and Credit
🔬🌐 AI Boom Enters the Cash-Burning Stage (Harding Loevner) – What happens when Big Tech’s pockets aren’t deep enough?
🎥🌐 Agents of Change – AI’s Recent Impact on Software Stocks (Harding Loevner) 9:48 Minutes – As tools such as Claude Code lower the cost and complexity of building software, the market is debating whether this marks disruption or simply the next phase of its evolution.

New Asia Fund Documents & Research

🗄️🌏Abrdn Asia Focus PLC (LON: AAS)’s February monthly factsheet (detailed economic and portfolio) for this high conviction portfolio of Asian small caps discussed or mentioned:
- 📈🇹🇼 Chroma Ate Inc (TPE: 2360) – Taiwanese automated testing company. Semiconductor testing for AI-artificial intelligence. 🇼 🏷️
- 📈🇮🇳 KEI Industries Limited (NSE: KEI / BOM: 517569) – Manufactures, sells & markets wires & cables. 3 segments: Cable & Wires; Engineering, Procurement & Construction; Stainless Steel Wire. 🏷️
- 📈🇨🇳 Hesai Group (NASDAQ: HSAI) – Lidar products for autonomous mobility, robots, etc. Three-dimensional light detection & ranging (lidar) solutions. 🏷️
- 📉🇰🇷 Classys (KRX: 214150) – Medical aesthetics technologies w/ market share positioning in 55+ countries (Europe, Australia, Brazil & Singapore). 🏷️
- 🏧🇹🇼 Grand Process Technology Corporation (TPEX: 3131) – Semiconductor wet processing equipment (metal etching equipment & 8/12 inch single wafer cleaning equipment).
- 🏧🇨🇳 Kingdee International Software Group (HKG: 0268 / FRA: KDID / FRA: KDIC / OTCMKTS: KGDEY) 🇰🇾 – Enterprise management software company.
- 🏧🇮🇳 Newgen Software Technologies Ltd (NSE: NEWGEN / BOM: 540900) – Enterprise content management software.
- 🏧🇹🇼 POYA International Co (TPEX: 5904) – Specialty store offering personal beauty & daily merchandise.
- 🏧🇮🇩 Ultrajaya Milk Industry & Trading Company Tbk PT (IDX: ULTJ / OTCMKTS: PTMKF) – Dairy products $ other Ready to Drink (RTD) beverage products.
- 🇹🇼 Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE: TSM) 🇼 🏷️

New Asia Fund Documents & Research

Similar Posts:

Leave a Comment Cancel reply

Similar Posts: