Equity Analyst, LightStream Research

Shifara Samsudeen, FCMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

Dada Nexus IPO Valuation: Too Glittery and Overvalued

KE Holdings IPO (Beike): Dreams Come Home

KE Holdings (Beike) IPO Update: Earnings Recover in 2Q2020

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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

<p>KE Holdings (aka Beike) is a leading integrated online and offline platform for housing transactions and services in China. The company has filed to list its shares on the New York Stock Exchange and looking to raise about US$1.8-2.0bn.</p><p>In our previous insights on the company, we discussed the company’s business segments, financials and outlook for the company. In this follow-up insight, we will be discussing the company’s valuation and how attractive it is compared to the peers.</p>

KE Holdings (aka Beike) is a leading integrated online and offline platform for housing transactions and services in China. The company has filed to list its shares on the New York Stock Exchange and looking to raise about US$1.8-2.0bn.In our previous insights on the company, we discussed the company’s business segments, financials and outlook for the company. In this follow-up insight, we will be discussing the company’s valuation and how attractive it is compared to the peers.

KE Holdings (Beike) IPO Valuation: Expensive Even at the Lower-End of Pricing