Many might be waiting for the good news ofa merger so that the price of Huya can rocket. How will news of a failed merger affect the stock price of Huya in the long run? Currently it is at an attractive price point. But is it a good stock to buy still?

China has prohibited the merger of HuYa and DouYu

The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.Tencent responded that the company will seriously abide by the review
China has prohibited the merger of HuYa and DouYu

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  • charlito
    ·2021-07-10
    its probably gone case
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