Twitch Of China Does NYSE IPO, Tesla Killer in China Revs Up
The Twitch of China, HUYA, went public last Friday on the NYSE, buoyed by major Chinese backers Tencent and social entertainment company YY, which together own 75.7 percent of the newly listed company’s shares. HUYA raised $180 million in the IPO and was trading up 30 percent at mid-day, as one of a series of Chinese...