Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

Meituan Posts Biggest Ever Operating Losses Due to Antitrust Fine

SenseTime Group IPO: Strong Top Line Growth but Profitability Remains a Concern

Didi Chuxing: Didi Removes Its App from App Stores Over Privacy Concerns

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Event-Driven

<ul>
<li>Bloomberg reports today those Chinese regulators have asked Didi to delist its shares from the NYSE almost five months after its US debut citing concerns over data privacy. </li>
<li>The Cyberspace Administration of China (CAC) is said to have asked Didi to work out a plan which would be subject to regulatory approval.</li>
<li>It has been a particularly eventful week for big tech in China with news of a “Data tax” and Tencent being ordered to obtain approval for new apps and updates.</li>
</ul>


Bloomberg reports today those Chinese regulators have asked Didi to delist its shares from the NYSE almost five months after its US debut citing concerns over data privacy. 
The Cyberspace Administration of China (CAC) is said to have asked Didi to work out a plan which would be subject to regulatory approval.
It has been a particularly eventful week for big tech in China with news of a “Data tax” and Tencent being ordered to obtain approval for new apps and updates.


DiDi Global

All Is Not Well for Didi