EM Fund Stock Picks & Country Commentaries (February 18, 2024)

EM small cap stocks, HDFC Bank decline detracts from fund performances, the need to dig deep to find value in India, Alchip Technologies, Vivara Participacoes, Raia Drogasil, Coca-Cola Femsa, etc.

Some quick takes for mid-February and the middle of Chinese New Year in East and SE Asia:

• This abrdn podcast has a transcript: Dazzling in the ring: how EM smaller companies produced knockout returns (21:24 Minutes). It discussed Taiwanese fabless semiconductor stock Alchip Technologies (TPE: 3661 / OTCMKTS: ALCPF) (who is involved in the AI craze) plus …