To The Moon

TENCENT(00700)$ tencent has almost 50 percent economic interest in Huya (more than 50 percent in voting shares), 37 percent interest in douyu, 18 percent stake in bilibili and less than 20 percent interest in Kuaishou Tech. So who will tencent side with in the live streaming gaming videos? What will Tencent do as part of its strategic review after huya and douyu merger plan fall apart? Interesting to watch how it will pan out though I have money allocated into Huya. At least what tencent can do is to try to ensure no fierce bidding war to win live streaming hosts amongst Huya, douyu and bilibili. As for Kuaishou, with its financial strength and albeit less influence from tencent, will it throw money to create a hostile environment? This may not be the best strategy for the company. Continue to watch out for Huya financial performance in the coming quarters and see if there are any in-house games developed plus another complementary products created to earn more revenue. An important point to note is whether gross margin remains stable at 19 to 20 percent. $Huya Inc.(HUYA)$ $DouYu(DOYU)$ $Bilibili Inc.(BILI)$ $KUAISHOU-W(01024)$ as. As always this should not be construed as any investment or trading advice.