Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Asian Hedge Fund manager based in HK/SG with over 20 years of experience managing Asian Long/Short Equity funds. Macroeconomic top-down analysis generates thematic investments that are further researched from the bottom-up. Research is supplemented with advanced technical analysis. 
Previous experience includes M&A with Morgan Stanley and CPA with Deloitte in NYC. Wharton MBA.

Overview #58 - Central Bankers Are Revolting*

The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (May 2026)

CHINA TELECOM SECTOR: AI Exposure With A Dividend!!

DeepSeek Reveals AI's Trillion Dollar Folly: Winners and Losers

Overview #46 - From GPUs to Geopolitics: Is China Winning the AI Race?

CHINA'S AI COMMODITIZATION: Can Global AI Valuations Survive?

CHINA REFLATION:  China Gets Invited to the Global Inflation Party!

Tactical Trading – Increasing Hong Kong Exposure

Cross Asset Strategy

China & United states / Cross Asset Strategy

<ul>
<li>OpenAI revealed that it failed to meet its own goals for user acquisition and sales, fueling concerns that the company may struggle to support its astronomical spending on AI infrastructure.</li>
<li>Token prices have dropped by over 90% in the last year, which threatens to more than offset the increase in daily AI queries and weekly active users.</li>
<li>China's AI models continue to take market share from US counterparts. Chinese developers' open models now account for about 17% of global downloads, surpassing US developers for the first time.</li>
</ul>


OpenAI revealed that it failed to meet its own goals for user acquisition and sales, fueling concerns that the company may struggle to support its astronomical spending on AI infrastructure.
Token prices have dropped by over 90% in the last year, which threatens to more than offset the increase in daily AI queries and weekly active users.
China's AI models continue to take market share from US counterparts. Chinese developers' open models now account for about 17% of global downloads, surpassing US developers for the first time.


AI BUBBLE: Usage and Profitability and China's Challenge!!