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

Tencent: Is More Fintech Restructuring On Its Way?

Bilibili Makes a Late Entry into Livestreaming E-Commerce; Timing Is Not Just Right

Bioer IPO: Currently Holding Strong but Would Growth Rates Sustain Post-COVID?

Tencent’s Special Dividend: Is It a Sign the Walled Gardens Are Coming Down?

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.

Equity Bottom-Up

<ul>
<li>Didi reported its first post-IPO results on 29th December. China Mobility segment’s revenue declined both YoY as well as QoQ following removal of its app in July.</li>
<li>On 4th July, Didi was ordered to remove its app from app stores for violating users’ personal data and the app is not yet available for new users.</li>
<li>The board of directors has authorised the delisting of Didi’s shares from the US and to pursue a listing on the main board of HKEx.</li>
</ul>


Didi reported its first post-IPO results on 29th December. China Mobility segment’s revenue declined both YoY as well as QoQ following removal of its app in July.
On 4th July, Didi was ordered to remove its app from app stores for violating users’ personal data and the app is not yet available for new users.
The board of directors has authorised the delisting of Didi’s shares from the US and to pursue a listing on the main board of HKEx.


Didi: China Mobility Top Line Falls and Losses Widen as App Ban Hits Hard

DiDi Global

Didi: China Mobility Top Line Falls and Losses Widen as App Ban Hits Hard