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

Ant Group: Consumer Finance Finds Investors But Beijing Could Throw New Obstacles At Ant’s Direction

Ant Group: Shareholder Restructuring Announced and the Lack of IPO Plan Are Negatives Surprise

Ant Group – Headlines Overwhelmingly Positive & Hides Micro Loans Business' Value

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

<ul>
<li>State run TV Channel, CCTV aired a documentary last week about <a href="https://www.smartkarma.com/entities/ant-group-co-ltd" target="_blank" data-smartkarma-citation="entities:24240:1" rel="noopener">Ant Financial Services Group (6688 HK)</a>’s involvement in a corruption scandal.</li>
<li>This puts Ant Group’s Consumer Finance business in a precarious position leading up to a much needed capital raising to complete the business restructure.</li>
<li>As a result, Ant Group could be forced to surrender more than 50% of the ownership share of Huabei and Jiebei to state controlled entities.</li>
</ul>


State run TV Channel, CCTV aired a documentary last week about Ant Financial Services Group (6688 HK)’s involvement in a corruption scandal.
This puts Ant Group’s Consumer Finance business in a precarious position leading up to a much needed capital raising to complete the business restructure.
As a result, Ant Group could be forced to surrender more than 50% of the ownership share of Huabei and Jiebei to state controlled entities.


Ant Group Corruption Scandal: Could Be a Ploy to Force Ant to Surrender Huabei and Jiebei Businesses