HUYA (HUYA) IPO Opens 29% Higher

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HUYA Inc. Announces Pricing of Initial Public Offering

May 11, 2018 6:00 AM EDT

GUANGZHOU, China, May 11, 2018 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it has priced its initial public offering of 15,000,000 American depositary shares ("ADSs"), at US$12.0 per ADS for a total offering size of approximately US$180.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents one Class A ordinary share of the Company. The ADSs are expected to begin trading on the New York Stock Exchange today under the ticker... More