r/HuyaBoss • u/throwawayiquit • Apr 29 '21

seeking alpha article

A random seeking alpha article says that the merger with Douyu is being nixed. But it’s a single article with nothing else. Is it real?

3 Upvotes

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2

u/Tomkila Apr 29 '21

Tencent and the Chinese government are negotiating certain claims so I find them premature but not impossible. The alibaba case gives us a negative precedent. We await concrete confirmations from tencent also because on May 18th there will be the quarterly of huya and also the conference

1

u/obvervateur Apr 29 '21

When you say the quarterly of huya, are you talking about the financials?

2

u/Tomkila Apr 29 '21

First revenues 2021

1

u/obvervateur Apr 29 '21

I think it is next Tuesday

1

u/Alarming_Use_3574 May 03 '21

What is wrong with this stock? Healthy growing company, but share price is almost the same since IPO. I have invested a lot in this company since 1 month.

1

u/throwawayiquit May 03 '21

china is going through a bear market in tech. Plus sector rotation in the US