Lei Yang has been associated with 13D since 2005. He heads up 13D’s China and Asia macro research as well as individual stock selection. Lei has a deep understanding of the Chinese economy and how the Chinese leadership impacts both the economy and the stock markets. Except China, he is also focusing on Asian Geopolitics, Japan, Infrastructure and Innovation.
Lei was instrumental in 13D’s buy signal on the Chinese equity market in October 2012. He also assisted in 13D’s major call to short the yen and buy Japanese equities in October 2012.Lei also serves as the Editor-In-Chief of the Chinese version of What I Learned This Week Lite, an abbreviated version of the full English version of What I Learned This Week.
Lei earned his Master’s Degree in International Business from Norwegian School of Economics (NHH). Lei is a CFA charterholder.
WILTW - January 14, 2021
With the incoming Biden administration likely to lower the temperature and uncertainty of trade relations, Chinese investors are increasingly focusing on the attractiveness of relatively-cheap H-shares. Last week, total net capital flows from the ma...
moreWILTW - January 7, 2021
Even before the COVID outbreak, we noted that China was one of the few governments bucking the de-globalization trend, which accelerated under the outgoing Trump administration. As we wrote in WILTW November 14, 2019: “At a time when globalization h...
moreWILTW - December 17, 2020
2020 Performance S&P 500 MSCI World
2020 CSI 300 YTD 31.7% 16.6% 14.9%
13D China Index YTD 58.7%
Throughout 2020, we have been bullish on China, including both Chinese equities and its currency, the RMB. We believed that with strong control over the...
moreWILTW - December 17, 2020
2020 Performance S&P 500 MSCI World
2020 Nikkei Index YTD 21.0% 16.6% 14.9%
A long-time 13D theme since October 2012 (see WILTWs October 4, 2012, and November 1, 2012), Japan is now increasingly emerging as an inflation beneficiary, as we noted in W...
moreWILTW - December 10, 2020
As the pandemic sweeps across the globe, there are three emerging trends that are worthy of attention: 1) China has become an even larger market for luxury brands; 2) more sales of luxury items are now sold online than ever before; and 3) luxury has ...
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