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Opportunities for undervalued hyper-growth have been rare in the US markets for some time, with pure growth stocks trading at all-time highs. It makes sense for investors to search elsewhere, such as China, that offers geographic diversification benefits and is decoupled partially from systemic U.S. market risks.
Huya (NYSE: HUYA) and DouYu (NASDAQ: DOYU) together are a rapidly growing duopoly that dominates China's game livestreaming market. At first glance, both their valuations appear to be in bargain territory for their growth, market opportunity, and profitability profiles. They're