YY News and Press, JOYY Inc. From 05/25/22

SINGAPORE, May 25, 2022 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global video-based social media company, today announced that it plans to release its first quarter 2022 financial results after the U.S. ma...

Newly announced rules will ban minors from tipping their favorite livestreaming hosts and outlaw tip rankings. Big platforms like Kuaishou have more balanced tipping structures and diverse revenues, meaning they could suffer less from the new policy than smaller rivals. All the in...

SINGAPORE, May 05, 2022 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“ JOYY ” or the “ Company ”, formerly known as YY Inc.), a global video-based social media company, today provides an update on its status under the Holding Foreign Companies Accountable ...

Chinese President Xi Jinping directed that the government is committed to "deliver its economic growth target and support the healthy growth of internet platform companies." The edict from Xi himself is highly significant. He is committed to leveraging Alibaba and its peers to help me...

SINGAPORE, April 30, 2022 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 3...

JOYY is a social media company, also offering products like Bigo Live for live streaming, Likee for short-form videos, or Hago for multiplayer social interaction. If the company continues to improve the way it offers its content to users, user experience will likely increase. As a res...

Tencent reported a lackluster FQ4 earnings card. However, management offered cautiously optimistic guidance from H2'22. Notably, we think it represented a clear departure from the uncertainty in its previous earnings commentary. As such, we encourage Tencent investors to add expos...

Alibaba (NYSE:BABA), JD.com (JD), DiDi Global (DIDI) and several other Chinese tech companies listed on U.S. exchanges soared on Friday after Bloomberg reported that Chinese authorities were making plans to give U.S. auditors full access to the firms' as soon as the middle of this year. The n...

Update 11:52am: Adds confirmation of statement from PCAOB, talking points at bottom. Alibaba (NYSE:BABA) and several other Chinese tech stocks dropped after a report that the U.S. audit watchdog said speculation on a deal that would prevent hundreds of Chinese companies from being removed fro...

Alibaba announced a new massive $25B stock buyback program. It replaced its previous $15B authorization. After last week's massive capitulation in Chinese tech stocks, China has also been following up with policy adjustments. We discuss why we revised our rating on BABA stock to S...