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

Priced At a Premium, But Preferred Over Peers As a Thematic Investment

China Youran Dairy IPO: First Day Trading

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

China Youran Dairy Group Ltd / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/china-youran-dairy-group-ltd" target="_blank" data-smartkarma-citation="entities:31075:1" rel="noopener">China Youran Dairy Group Ltd (1836774D CH)</a>, (Youran), is a leader in China’s upstream dairy market and is one of a select number of dairy farming companies around the world with a business layout covering the entire upstream dairy industry.According to Reuters, the company is looking to raise US$800m through a Hong Kong IPO which values Youran at around US5.3bn.Being the market leader, Youran is better placed to benefit from the long-term tailwinds facing the Chinese upstream dairy market. Though it is not exactly plain sailing for Youran at the moment, we would be keen to accumulate Youran shares as long as the pricing is decent.

China Youran Dairy Group Ltd (1836774D CH), (Youran), is a leader in China’s upstream dairy market and is one of a select number of dairy farming companies around the world with a business layout covering the entire upstream dairy industry.According to Reuters, the company is looking to raise US$800m through a Hong Kong IPO which values Youran at around US5.3bn.Being the market leader, Youran is better placed to benefit from the long-term tailwinds facing the Chinese upstream dairy market. Though it is not exactly plain sailing for Youran at the moment, we would be keen to accumulate Youran shares as long as the pricing is decent.

Inner Mongolia Yili Industrial Group (A) (600887 CH)

China Youran Dairy IPO: A Secular Bet on China’s Upstream Dairy Market Consolidation