China’s LiveStreaming companies are outperforming the rest of the market.
$Bilibili(BILI.US$ $HUYA Inc(HUYA.US$ $DouYu(DOYU.US$ up double digits. Beijing acknowledges digital industry to be main pillar of growth for economy. Live streaming ecommerce to be 4.9 TRILLION yuan big next year.
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whqqq : If huya acquires douyu, this can help sentiment alot
moneyworkhard : that didn't happen 2 yrs back...
what can make that happen? Guess if regulators want to approve it before it monopolise d gaming industry
whqqq moneyworkhard: Why monopoly? The game industry is booming as far as I know
moneyworkhard whqqq: regulators drove these 2 stocks down 18 maths back, else they'd be priced higher now
whqqq moneyworkhard: Are you bullish on these two stocks? Or bearish?
moneyworkhard : bullish.
what about you?
Declutter25 : Doyou and Huya merger was blocked by Chinese G due to concern that the merger will lead to Huya monopolies the gaming mkt. After which G introduced a slew of anti gaming and restrictions that literally killed these two companies . Question is what is the growth potential for these companies . The market looks like is only Chinese mkt … Huya shut down its overseas venture in US one or two yrs back . What do u guys think of this stock? Many bag holders stuck with this stock at high price !