Equity Analyst, LightStream Research

Supun Walpola

Equity Analyst

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 Capital Markets

Poly Property Services   / Equity Capital Markets

<p>China-based <a href="https://www.smartkarma.com/entities/poly-property-development-h" target="_blank" data-smartkarma-citation="entities:28261:1" rel="noopener">Poly Property Development (6049 HK)</a> (PPD) is scheduled to be listed on the Hong Kong Stock Exchange later this month. PPD is the property management arm of Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) (Poly Group), a leading property developer in China.</p><p>In this note, we are taking a closer look at PPD’s valuation.</p>

China-based Poly Property Development (6049 HK) (PPD) is scheduled to be listed on the Hong Kong Stock Exchange later this month. PPD is the property management arm of Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) (Poly Group), a leading property developer in China.In this note, we are taking a closer look at PPD’s valuation.

Poly Property Development IPO: Valuation Looks Reasonable at the Lower End