Key News Asian equities had a decent start to the week led by the Philippines’ strong day. South Korea was off on tech/growth weakness, and Japan was on holiday. The Hang Seng closed on its intra-day high of +1.08%, led by internet stocks as the Hang Seng Tech Index gained +2.21%. Prior to the open in Hong Kong, Mainland media source Caixin noted that Tencent’s trimming of its stake in Southeast Asian gaming/e-commerce company Sea Ltd “had nothing to do with regulatory risk”. Over the weekend, I read a great macroeconomic outlook piece from an Asia-based institutional broker. As an…