About
About Songhui
I am Songhui Li, PhD, CFA. My experience spans investment research, business valuation, empirical corporate finance, and higher education. Across those settings, I keep returning to the same question: how do we identify what truly matters and form judgments that hold up to evidence and time?
- Credentials
- PhD · CFA Charterholder
- Training
- Finance & Accounting
- Focus
- Companies, investing, capital allocation
Perspective
I received my PhD from the University of Sheffield in April 2026, with disciplinary training in Finance and Accounting, and I am a CFA charterholder. Across research, investing, and writing, I work from evidence toward decisions while remaining explicit about what is known, inferred, and still uncertain.
Investment practice
In investment roles in China, I assessed business quality, industry structure, valuation, and transaction terms. In my most recent role, I screened roughly 20–30 opportunities a year, led six investment memoranda that passed committee review, and supported approximately RMB 250 million of completed investments. In an earlier role, I managed a portfolio of about RMB 50 million.
That work taught me to ask both why a company deserves attention and under what price, structure, and risk conditions an apparently sound view becomes executable.
Research and teaching
My research interests sit at the intersection of empirical corporate finance and accounting, including executive identification, tax decisions, acquisition performance, and investment efficiency. This work received Best Paper Awards at the Sheffield Management School Doctoral Conference in 2024 and 2025.
Across two academic years, I supported postgraduate accounting and finance teaching for approximately 300 students. Research sharpened my standards for evidence, identification, and causality; teaching made clear that a complex idea is only useful when it can be explained accurately.
Methods and writing
My toolkit combines annual reports and regulatory filings, financial statement analysis, DCF and comparable company valuation, and Python, Stata, and SQL. This website is a long-term archive for writing about companies, investing, managerial decisions, and capital allocation. It will also document real cases and how my own views change. The aim is clarity, honesty, and verifiability rather than constant commentary.
Received a PhD from the University of Sheffield.
Doctoral training and postgraduate teaching in accounting and finance.
Investment research and project analysis in Shanghai.
Investment management and corporate finance work.