The concept of CNAV investing is to find and buy businesses where the good assets per share is worth more than the stock price. More often than not, the stock price will remain low until an event or catalyst unlock the hidden value. When that happens, the share price goes up and the investor nets a tidy capital gain. It has been a week since Alvin wrote about Hongkong Land (SGX:H78). Since then, Beijing has passed the Hong Kong security bill and US Secretary of State Mike Pompeo has commented that Hong Kong can no longer be considered an autonomous region with the new law. Will this cause a huge outflow of investments and funds from Hong Kong? How will these change the outlook? Should someone without a stake in Hongkong Land consider adding it to his portfolio? Based on the CNAV strategy, Hongkong Land is clearly a deep value stock...