YY announces pricing of Huya IPO

Sunday 13 May 2018 | 19:35 CET | News
Chinese live streaming social media platform YY has announced the pricing of the initial public offering by its majority-controlled subsidiary Huya of 15 million American Depositary Shares (ADSs), each representing one Class A Ordinary Share of Huya, at a price of USD 12.00 per ADS for a total offering size of USD 180 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

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Categories: Internet / Mobile & Wireless / Mobile & Wireless
Companies: YY
Countries: China
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