Tencent’s largest shareholder, Hu yapan, rose more than 7%

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Sina science and technology news in the evening of April 3, Beijing time news, huyapan rose by more than 7%, after Tencent and huyafa announced that line investment limited, a wholly-owned subsidiary of Tencent holdings, sent a notice to Huya and huanju group, saying that it had exercised its equity and purchased 16523819 Huya class B common shares, with a total purchase price of about $262.6 million in cash. After the completion of the transaction, Tencent became the largest shareholder of Huya, with the voting right increased to 50.1%.
Later, Dong Rongjie, CEO of Huya live, issued a letter to the whole staff, saying that after joining Tencent, the company will continue to operate independently.