Huya Inc (HUYA)

• Market cap: $790M
• 1 day: -6.17%
• 5 days: -5.41%
• 1 month: 14.01%
• 3 months: 1.16%
• 6 months: -17.84%
• Year to date: 18.64%
• 1 year: 14.01%
• 5 years: -80.43%
• 10 years: -78.21%

About: Established in 2011, Huya is the largest online game livestreaming company in China. Headquartered in Guangzhou, Huya mainly provides livestreamed videos on esports games such as League of Legends and Honor of Kings and collects virtual tips from viewers. Its products include the Huya Live platform in China and Nimo TV in Southeast Asia and South America. As of 2023, Huya was a subsidiary of Tencent, which owned 63% of its equity stake and held 94% of the voting power.

Employees: 1,345

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more call options, than puts

Call options by funds: $1.37M | Put options by funds: $1.13M

2% less capital invested

Capital invested by funds: $198M [Q2] → $195M (-$3.06M) [Q3]

7% less funds holding

Funds holding: 107 [Q2] → 100 (-7) [Q3]

11.56% less ownership

Funds ownership: 55.91% [Q2] → 44.35% (-11.56%) [Q3]

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

32% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 37

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 14% upside
• Avg. target: $4.50 29% upside
• High target: $5 43% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Citigroup Nelson Cheung 50% 1-year accuracy 1 / 2 met price target	43% upside $5	Buy Maintained	14 Nov 2024
B of A Securities Lei Zhang 67% 1-year accuracy 2 / 3 met price target	14% upside $4	Neutral Downgraded	6 Nov 2024