YY's live game streaming spinoff, which also counts Tencent as a major investor, is floating in the US at the top of its range.
Huya, the gaming-themed subsidiary of China-based livestreaming platform operator YY, will raise $180m from an initial public offering on the New York Stock Exchange today.
The offering will consist of 15 million American Depositary Shares (ADSs) priced at $12 each, the top of its $10 to $12 range.
Huya operates what it claims is China’s most popular live game streaming platform, with almost 87 million monthly active users. YY launched the Huya platform in 2014 before it was officially…
