Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

Notes from the Silk Road: Nine Dragons Paper Holdings (2689.HK) - Profit Upgrade Confirms Outlook

Placement: Nippon Paper's clean up trade, exiting China paper mills?

Outlook 2026: THE BIG IDEAS TO NAVIGATE MARKETS

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

Lee & Man Paper Manufacturing / Equity Bottom-Up

<ul>
<li>2025 results were better than expected; net profit jumped 50% YoY, and dividend doubled. The company's investment in South East Asia also help them to secure feedstock. </li>
<li>
<a href="https://www.smartkarma.com/entities/lee-man-paper-manufacturing" target="_blank" data-smartkarma-citation="entities:529:1" rel="noopener">Lee &amp; Man Paper Manufacturing (2314 HK)</a> reportedly used AI to streamline its production  as well as upgrade its power stations, which resulted into higher margins.</li>
<li>At 0.5x PBR, combined with the intent to increase profitability through higher production efficiency (AI), <a href="https://www.smartkarma.com/entities/lee-man-paper-manufacturing" target="_blank" data-smartkarma-citation="entities:529:1" rel="noopener">Lee &amp; Man Paper Manufacturing (2314 HK)</a> is a steal. </li>
</ul>


2025 results were better than expected; net profit jumped 50% YoY, and dividend doubled. The company's investment in South East Asia also help them to secure feedstock. 

Lee &amp; Man Paper Manufacturing (2314 HK) reportedly used AI to streamline its production  as well as upgrade its power stations, which resulted into higher margins.
At 0.5x PBR, combined with the intent to increase profitability through higher production efficiency (AI), Lee &amp; Man Paper Manufacturing (2314 HK) is a steal. 


Lee & Man (2314): Higher Dividend, AI + ASEAN Launch