YY - JOYY: Capitalizing On The Livestreaming Boom

• JOYY is operating in an uncertain environment as Chinese regulatory authorities crack down on tech companies.
• However, they are significantly more diversified than their peers and are set to see minimal impact from these regulations.
• Their balance sheet is also superior to their closest peers, resulting in a solid valuation bump opportunity over the coming 3-4 years.
• I initiate the company's long-term prospects with a bullish stance and will be taking a small position as part of my growth stocks portfolio.

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