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

Cloud Village IPO: Improving Financials and Less Fear of Regulatory Crackdowns for Investors

Manycore IPO: Overshadowed by the Chinese Regulatory Crackdown

ECM Weekly (4th July 2021) - Xpeng, Medbot, Medlive, Brii Bio, CTOS, LinkDoc, Devyani, Manycore

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

Kanzhun IPO: Thoughts on First Day Trading

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

The Cyberspace Administration of China (CAC) said today (Monday, 05th July) that it is investigating the online recruitment platform Zhipin.com as a measure to tighten regulations on data security and safeguard national security.The online recruitment platform Zhipin.com is owned by <a href="https://www.smartkarma.com/entities/kanzhun-ltd" target="_blank" data-smartkarma-citation="entities:33368:1" rel="noopener">Kanzhun (BZ US)</a>  and CAC had ordered Kanzhun to halt registration of new users until the Cyberspace review is over. In addition to probing the country’s internet giants over their monopolistic practices, China has been serious about tightening regulations on data security.CAC announced on Friday that it was investigating the ride hailing giant Didi’s app over any potential violation of the country’s data protection laws, and within two days of the above announcement, CAC ordered Didi to remove its ride hailing app from smartphone app stores and make changes to comply with the regulations.The Chinese online recruitment platform Kanzhun raised around US$912m at its IPO in the US in June, pricing its shares at the upper end of its IPO price range of US$19 per ADS. In this insight, we present our trading strategy for Kanzhun as it deals with the ongoing CAC investigation of its Zhipin.com app.

The Cyberspace Administration of China (CAC) said today (Monday, 05th July) that it is investigating the online recruitment platform Zhipin.com as a measure to tighten regulations on data security and safeguard national security.The online recruitment platform Zhipin.com is owned by Kanzhun (BZ US)  and CAC had ordered Kanzhun to halt registration of new users until the Cyberspace review is over. In addition to probing the country’s internet giants over their monopolistic practices, China has been serious about tightening regulations on data security.CAC announced on Friday that it was investigating the ride hailing giant Didi’s app over any potential violation of the country’s data protection laws, and within two days of the above announcement, CAC ordered Didi to remove its ride hailing app from smartphone app stores and make changes to comply with the regulations.The Chinese online recruitment platform Kanzhun raised around US$912m at its IPO in the US in June, pricing its shares at the upper end of its IPO price range of US$19 per ADS. In this insight, we present our trading strategy for Kanzhun as it deals with the ongoing CAC investigation of its Zhipin.com app.

Kanzhun Trading Update: Take Profits Before Cyberspace Watchdog Imposes Another App Ban