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YY - JOYY: Another China Regulatory Play With Great Potential
JOYY Inc.
JOYY, a short-video streaming company set mostly in China, has seen some industry regulation pressure even though their core business remains unaffected.
As a result, even modest multiple projections to expected earnings per share indicate a roughly 100% annual averaged return potential over the next 3-4 years.
As a result, I remain highly bullish on the company's long-term prospects.