huya (market, companies, interest, government)

[Jlong2315]

I'm just curious, what do you guys think about HUYA?

[LordSquidworth]

China is a debt ticking time bomb. Combined with their government interventions in the market place, I steer clear of Chinese companies.

Other than that, it's the Twitch of China. As a product have no interest (I'll play video games, but watching other people play them?). There will likely be increasing attraction to their product, but Twitch owns that market outside China.

[Jlong2315]

I like video games too. I do tend to watch twitch from time to time, So I see the value in the service. It also looks like it's growing pretty quickly. I personally am not too sure how the country's debt could effect the company or any other company for that matter. I think most of the countries will always owe other countries so I don't even look at a country's debt as a real thing. In my opinion a country's debt might as well not be a real thing since no country will ever fully collect. but I wont disagree that the chinese government could possibly do something sketchy.

[ALackOfCreativity]

I have zero ability to value the underlying business. The ownership structure is a cause for nervousness - management is accountable to tencent and YY, not standalone shareholders. Almost feels less like a bet on the underlying business and more like a bet on Tencent just acquiring the whole thing? Which is somewhat speculative in my mind, although again, fast growing internet companies are not my bailiwick.