IPO and L/S equity, 2015 Starmine top stock picker, Global Equity Research Ltd

Rickin Thakrar

14 years of experience in global investment research and trading. In relation to research, we focus on IPO, Event-driven and large-cap non-consensual ideas. In relation to trading, we focus on generating positive index-adjusted returns and have had several top-decile or top-quartile performances over the past three years. In terms of background, I have worked at several sell-side firms (JP, Redburn, Haitong, Mainfirst), won Starmine as top stock picker in European Food Retail in 2015 and have been voted top one to top-five by institutions and hedge funds.

IPO and L/S equity, 2015 Starmine top stock picker

Yum China Secondary Listing: Do the Fundamentals Stack up Post 2Q20 Earnings?

Yum China Secondary Listing: HK-ADS Premium/(Discount) Views

Yum China Secondary Listing: Trading Debut

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.

Equity Capital Markets

Yum China Holdings  / Equity Capital Markets

<p>Following secondary listings at JD.com and Alibaba (our bullish fundamental takes <a href="https://www.smartkarma.com/insights/jd-com-secondary-listing-do-the-fundamentals-stack-up" target="_blank" rel="noopener">here</a> and <a href="https://www.smartkarma.com/insights/alibaba-hk-listing-do-the-fundamentals-stack-up" target="_blank" rel="noopener">here</a>), <a href="https://www.smartkarma.com/entities/yum-china-holdings-inc" target="_blank" data-smartkarma-citation="entities:23677:1" rel="noopener">Yum China Holdings, Inc (YUMC US)</a> is reportedly planning a secondary listing in Hong Kong in order to raise 2bn USD (Source: SCMP). We take a look at the fundamentals of the company and give our fundamental take on the prospects for the listing. More details below</p>

Following secondary listings at JD.com and Alibaba (our bullish fundamental takes here and here), Yum China Holdings, Inc (YUMC US) is reportedly planning a secondary listing in Hong Kong in order to raise 2bn USD (Source: SCMP). We take a look at the fundamentals of the company and give our fundamental take on the prospects for the listing. More details below

Yum China Secondary Listing: Do the Fundamentals Stack Up?