Added to ASIA in my RL portfolio yesterday.

Simply put these businesses generate huge amounts of free cashflow & are trading for cheaper multiples than they have historically (in a time where many stocks look expensive). Yes the regulatory issues & risks are there but these businesses are powerhouses. BABA for example generated 70% more revenue than Amazon. I think we'll look back at this moment in a few months and think what a great buying opportunity. I guess time will tell.