HUYA Share Price Drops as Majority Owner Tencent Takes Hit from Market Cap Loss
- HUYA Inc's market cap dropped by $74m last week, with public companies taking the biggest hit as the largest shareholders
- Tencent Holdings owns 63% of HUYA Inc, giving them significant influence over decisions
- Institutional investors own 17% of the company
- HUYA's share price has been dropping recently, concerning investors
- General public and retail investors own 19% of the company