In today's video I look at fundamentals, valuation metrics, and recent news for Huya (NYSE: HUYA) and Douyu (NASDAQ: DOYU). Below I share a few highlights from the video. Huya and Douyu are live streaming platforms in China that have announced a merger agreement. On July 12, 2021, both companies released statements reporting the termination of the contract after China's market regulators prohibited the merger. Huya and Douyu show strong fundamentals in their trailing 12 months. Both companies reported positive cash flow from operations and have profitable earnings, substantial cash and short-term investments, and no debt. The forward-price-to-sales ratio for Huya has fallen dramatically and is at levels seen during the first half of 2020. The correction could be providing long-term investors with a buying opportunity. Click the video below for my full thoughts and analysis. *Stock prices used were the midday prices of July 12, 2021. The video was published on July 12, 2021. 10 stocks we like better than HUYA Inc.When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and HUYA Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Jose Najarro owns shares of HUYA Inc. The Motley Fool recommends HUYA Inc. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Source