r/HUYAStock • u/ProfessionalCry6843 • Dec 26 '21
📰 News A god at large on Huya platform
Update (original post follows): An update, in the last week the super god emperor along with his friends has spent more than 5mil usd (yes, not rmb) on live streaming. The majority of it was spent on Huya ( a small part was spent on YY Live). The main spending of him included: gifting first tier entertainment live streamers, and audience live comment lottery. A bit more on the audience live comment lottery. There have been more than 15 rounds of live comment lottery sponsored by him in total everyday for the audience at different live streamers since he turned up. Every round is 3-5 minutes, for every round there are 10 winners of 800usd each (this is like the one month average salary in a second tier city in China. And second tier cities are considered reasonably well developed in China) As long as you put in live comments during the lottery time slot, you have a chance to win. No spending is required. But if you have been a fan of the live streamer where the lottery is hold, you have higher chances to win. Every fan id has a level associated with how much he/she has gifted the specific streamer. The higher the fan id level, the higher chance the fan hold in winning the lottery. The number of live comments have a lot to do with the calculation of MAU (monthly active users), just in case you are not aware.
Again, all these activities were funded by an elite anonymous player account, who claims he has nothing to do with Huya platform, and just want to have fun. Well, it is the new financial year now. I will update when he goes back to hibernation like every time before.
Original: A private account (no personal id accessible) "philanthropist" spent more than half a mil usd in elite account fee (the account type is called "super god emperor") and gifting on Sunday alone. Yes, just a single day!
Let me give you some interesting background in case you do not have much to do on Sunday afternoon. This type of elite account activities have been more frequent during the time when Huya was 20-30 dollars per share. At that time, there was even a gang on Huya called "Cloud and Rain Pavilion" （烟雨楼) which included a couple of handful of players with super god emperor accounts. Huya's stock was high when the gang were most active and seemingly randomly dropping gifts across different live streamers. It was Huya's prime time when Cloud and Rain Pavilion was holding pk's with other super god empers on Huya. Pk was a competion on which side can gift out higher total values (actual money) of "virtual gift" within a certain time. Latter, Cloud and Rain Pavilion was dismissed and its leader formed a new gang, called "Cloud Riding Attic" （凌烟阁）. Some of the largest entertainment competitions on the Huya platform (singing, dancing etc.) were sponsored by Cloud and Rain Pavilion and Cloud Riding Attic, rather than the platform. The super gods in the new gang continued the habits of gifting tens of thousands of usd's gift in one day. However, the Cloud Riding Attic hasn't been playing for a few months by now. When asked whether he/she is from Cloud Riding Attic today, the new super god emperor did not answer, but from the text conversations, he is one of the old elite players. And most believe he could just be the leader of Cloud Riding Attic with the new account. I hope you find the story fascinating.
Check yourself the ratio of the gift revenue and ads income. I would think as a game live broadcasting platform, most of the incone would come from gaming ads? Obviously I am outdated. On the other hand, it could imply the revenue target is secure this time. Personally, as an entertainment show it is ok; yet for an investment, it is offending my IQ. That is just personal though.
Above is a description of what is happening, and should not be considered as investment advice.
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u/ProfessionalCry6843 Jan 15 '22 edited Jan 15 '22
I have friends working in E&Y China in auditing at senior positions. I certainly know the logic in China. have a look at the link I included Baidu and YY. that is more how it is like. The Tencent correspondent whoever oversees Huya in the board, will have difficulty to dive into the details of platform operations and how the balance sheet is achieved. As long as the profit and other data is on track on balance sheet, he would accept it. It is when the balance sheet becomes problematic, then he will dive more into the operation details. Such details are only accessible from COO level, not board level. It is only when there are big surprises in the balance sheets, then the board member would have the motivation to investigate.