HUYA: Less Impacted By COVID-19 Outbreak In 1Q20ï¼› More Hosts And Games To Drive Better 1Q20 And April 2020
Huya will report 1Q20 results on May 20th after the markets close followed by an 8pm EST conference call. Based on our data and model, Huya’s revenue is likely to be higher than consensus at RMB2,382M. We believe COVID-19 may have less of an impact on live broadcasting platforms as the impact to game broadcasting and to entertainment broadcasting is different. Most game broadcastings are individuals who do not have studios and operation personnel, and can be conducted easily, vs. most other forms of entertainment that are sponsored by studios with supporting staff and is not easy to conduct.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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