Streetbeat News

HUYA

HUYA Inc.

https://www.huya.com

Industry

Entertainment

HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, online theatre, and other genres. In addition, it operates Nimo TV, a game live streaming platform in international markets. Further, the company provides online advertising, software development, internet value added, and cultural and creative services. The company was founded in 2014 and is headquartered in Guangzhou, China. HUYA Inc. is a subsidiary of Tencent Holdings Limited.

Open

4.36

Mkt cap

1B

Volume

2.1M

High

4.59

P/E Ratio

-55.37

52-wk high

6.84

Low

4.27

Div yield

0.39

52-wk low

2.82

US-listed Chinese stocks are experiencing a rise in share prices following the People's Bank of China's announcement to use reverse repurchase agreements to enhance liquidity management, potentially boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:21 pm

US-listed Chinese stocks are experiencing a rise in share prices following China's September retail sales and industrial production data surpassing expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:58 am

US-listed Chinese stocks are experiencing a decline due to ongoing uncertainty regarding economic stimulus measures.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:06 pm

HSBC analyst Ritchie Sun has downgraded HUYA from Buy to Hold, setting a price target of $4.7.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:28 pm

US-listed Chinese stocks are experiencing a decline due to Chinese planning officials not meeting investor expectations for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:58 am

HUYA has appointed Raymond Peng Lei as Acting Co-CEO and CFO, effective September 5, 2024. Lei will succeed Ashley Xin Wu as Acting Co-CEO and will share CEO duties with Junhong Huang. Wu will remain as Vice President of Finance.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:12 pm

Huya Inc. (NYSE:HUYA) is diversifying its revenue streams amid a challenging Chinese economy and regulatory environment. Despite a 16% revenue decline in Q2, income from new game-related services more than doubled, showing promise for future growth. The company announced a special cash dividend and extended its share buyback program, which initially boosted its stock price. Huya's financials remain stable, with significant interest income and cash reserves.

Portfolio Pulse from The Bamboo Works

August 22, 2024 | 4:44 pm

Citigroup analyst Nelson Cheung has upgraded HUYA (NYSE:HUYA) from Sell to Buy and raised the price target from $2.4 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:03 pm

HUYA shares are trading higher despite a Q2 earnings miss. The company's board declared a special dividend of $1.08/ADS.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:39 am

Rumble Inc. (NASDAQ:RUM) shares rose 7.1% in pre-market trading after reporting better-than-expected Q2 financial results. Other notable pre-market movers include Vicinity Motor Corp. (NASDAQ:VEV) up 136.7%, MKDWELL Tech Inc. (NASDAQ:MKDW) up 54.1%, and Syros Pharmaceuticals, Inc. (NASDAQ:SYRS) down 56.4%.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 10:35 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.