Equity Analyst, Investory

Devi Subhakesan

Investment Research

Equity Research experience of over 20 years include working at leading Buy and Sell-side institutions, covering markets in ASEAN, India, and North Asia. Multi-sector coverage included - Consumer Staples/Discretionary, Media, Textiles, Oil, Gas, and Coal. 
Passionate about mindfulness and meditation.

Equity Analyst

DBS - Granular Disclosure Shows Aggressive Deterioration in HK and China. Look at Pillar 3 Also.

Guming Holdings (1364 HK): Potential Valuation Upside with Upcoming Mixue IPO

US Banks - Loan Acceleration Into February, Less LLR, Large Time Deposits: +ve Profit Outlook

Guming IPO: The Good, The Bad and The Valuation. Is It Time to Sip or Skip?

Guming (Good Me) IPO: Key Facts and Financials at First Glance

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/guming-holdings-limited" target="_blank" data-smartkarma-citation="entities:40622:1" rel="noopener">Guming Holdings</a>, the leading mid-priced milk tea player in China, has priced its IPO at the top-end and upsized it to 182.6 mn shares, raising a total of HKD1.8 Bn. </li>
<li>With strong HK retail investor demand, International investors bidding for Guming stock in the IPO had their allocations scaled back to 56.5% from 90% earlier.</li>
<li>Guming will list at the HK stock exchange today and could likely see a good  uptick upon listing given robust investor demand.</li>
</ul>



Guming Holdings, the leading mid-priced milk tea player in China, has priced its IPO at the top-end and upsized it to 182.6 mn shares, raising a total of HKD1.8 Bn. 
With strong HK retail investor demand, International investors bidding for Guming stock in the IPO had their allocations scaled back to 56.5% from 90% earlier.
Guming will list at the HK stock exchange today and could likely see a good  uptick upon listing given robust investor demand.


Guming (1364 HK): Upsized at Top-Price. Strong Retail Demand