Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Miniso Slides 47% Amidst Beijing’s Clampdown on ADRs: Large Upside Possible Once the Dust Settles

Miniso to Increase Liquidity Via a Dual Primary Listing on HKEX

Miniso: Genuinely Undervalued & A Decent Long Hedge to Increase Short Exposure to Chinese E-Commerce

MINISO Deserves More Than The IPO Valuation

MINISO IPO Trading Update: More Upside Left, But Wait For Better Pricing Or Momentum

MINISO Valuation: Valued Like MINISO Merchandise - Bang for the Buck

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

<p><a href="https://www.smartkarma.com/entities/miniso-group-holdings" target="_blank" data-smartkarma-citation="entities:29673:1" rel="noopener">MINISO Group Holdings (MNSO US)</a>’s share price has been under pressure over the last two months with the lock-up period for the shares held by directors, executive officers and the pre-IPO investors scheduled to end on 13<sup>th</sup> April 2021. The dip in share price, leading up to the lock-up expiry has us quite interested on the long side and we would consider accumulating more shares at the current price levels.</p>

MINISO Group Holdings (MNSO US)’s share price has been under pressure over the last two months with the lock-up period for the shares held by directors, executive officers and the pre-IPO investors scheduled to end on 13th April 2021. The dip in share price, leading up to the lock-up expiry has us quite interested on the long side and we would consider accumulating more shares at the current price levels.

MINISO’s Impending Lock-Up Expiry: A Chance to Accumulate More Shares