IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

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Okja: The Fight Between Netflix Vs. CJ CGV

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<p><a href="https://www.smartkarma.com/entities/soho-china-ltd" target="_blank" data-smartkarma-citation="entities:4123:1" rel="noopener">Soho China Ltd (410 HK)</a> is a real estate company controlled by power couple Pan Shiyi and Zhang Xin. On 11 March, SOHO China confirmed that it is in discussions with overseas financial investors to explore the possibility of a strategic partnership, which may lead to a general offer. The announcement was a reaction to a Reuters report on 10 March which claimed that <a href="https://www.smartkarma.com/entities/blackstone-group-inc" target="_blank" data-smartkarma-citation="entities:27166:1" rel="noopener">Blackstone Group LP (BX US)</a> was looking to privatise SOHO China at HK$6.00 per share in the coming weeks. </p><div class="content-highlight"><p>Investors can be forgiven for thinking that this rumoured bid will follow the script of the last year’s rumour and come to nothing, particularly in the current market turmoil. For investors willing to brave an uncertain and volatile market (driven largely by sentiment and policy responses to the covid-19 outbreak), we think that SOHO China’s risk/reward profile is attractive.  </p></div>

Soho China Ltd (410 HK) is a real estate company controlled by power couple Pan Shiyi and Zhang Xin. On 11 March, SOHO China confirmed that it is in discussions with overseas financial investors to explore the possibility of a strategic partnership, which may lead to a general offer. The announcement was a reaction to a Reuters report on 10 March which claimed that Blackstone Group LP (BX US) was looking to privatise SOHO China at HK$6.00 per share in the coming weeks. Investors can be forgiven for thinking that this rumoured bid will follow the script of the last year’s rumour and come to nothing, particularly in the current market turmoil. For investors willing to brave an uncertain and volatile market (driven largely by sentiment and policy responses to the covid-19 outbreak), we think that SOHO China’s risk/reward profile is attractive.  

Soho China

SOHO China in Blackstone’s Sights