Quantcast

Now playing: Chinese e-sports site Huya Broadcasting files for a $200 million US IPO


Shutterstock photo

Huya Broadcasting, which eSports video platform being spun out of YY, filed on Monday with the SEC to raise up to $200 million in an initial public offering.

The Guangzhou, China-based company was founded in 2014 and booked $336 million in sales for the 12 months ended December 31, 2017. It plans to list on the NYSE under the symbol HUYA.

Huya Broadcasting filed confidentially on February 1, 2018. Credit Suisse, Goldman Sachs (Asia) and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Now playing: Chinese e-sports site Huya Broadcasting files for a $200 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs



More from Renaissance Capital

Subscribe






Renaissance Capital
Contributor:

Renaissance Capital

IPOs










Research Brokers before you trade

Want to trade FX?