- The company is the largest online streaming gaming platform in China.
- That is because it has plenty of rich and dynamic content and a quick-n-easy mobile payment system.
- A pending merger proposal with DoyYu, made by TenCent (which owns significant stakes in both companies), is a positive catalyst. The merger appears to be a mere formality.
- Meantime, HUYA's Q2 results were very strong and its long-term potential is huge.
- Given its growth rate, and numerous tailwinds, HUYA is undervalued and a BUY.
For further details see:
HUYA: China's Biggest Online Gaming Company Is A BUY