China Market Update: Asian Markets Close Mixed, Tencent Engineers DouYu & Huya Merger [Forbes]
DouYu International Holdings Limited - American Depositary Shares (DOYU)
Last douyu international holdings limited - american depositary shares earnings: 3/19 02:00 am
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Source: Forbes
KraneSharesKey NewsAsian equities were largely higher though Japan, Hong Kong and Mainland markets were off by a touch. Following the hijacking of TikTok from ByteDance, investors in Hong Kong stocks used Secretary of State Pompeo’s comments on banning WeChat, Tencent’s social media platform, in the US to take profits. This move would have virtually no impact on Tencent due to the limited user base in the US, though Pompeo’s comments on US companies not using Chinese cloud companies could have an impact on US technology stocks, which garner approximately 15% of their revenues from China. US cloud computing companies like AmazonAMZNMSFTWe are getting closer to politics colliding with economics. Remember that, according to the NY Federal Reserve, US companies generate $376B of revenue in China, which is not included in trade data since the goods are manufactured in China and sold domestically.Hong Kong volume leaders were Tencent -0.98%, Meituan Dianping +1.28%, Semiconductor (SMIC) +2
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DOYU
News
- Bearish: Analysts Just Cut Their DouYu International Holdings Limited (NASDAQ:DOYU) Revenue and EPS estimates [Yahoo! Finance]Yahoo! Finance
- MNY, DOYU among major communication services gainers; AMC, AREN among losers Apr. 01, 2024 3:03 PM ET By: Tiyashi Datta , SA News Editor [Seeking Alpha]Seeking Alpha
- DouYu International Holdings Full Year 2023 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- DouYu International Holdings Limited (NASDAQ:DOYU) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- DouYu International Holdings Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
DOYU
Earnings
- 3/26/24 - Miss
DOYU
Sec Filings
- 3/26/24 - Form 6-K
- 3/15/24 - Form F-6
- 3/15/24 - Form 6-K
- DOYU's page on the SEC website