Chinese defense stocks surged following Pakistan’s announcement of a major arms purchase, including the advanced J-35 stealth fighter jet. This deal marks China’s first export of the fifth-generation fighter, enhancing Pakistan’s defense capabilities amid ongoing tensions with India. Indonesia is also considering Chinese J-10 jets, signaling a potential shift in arms procurement.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,