Huya Inc. (HUYA) surged 23.44% during intraday trading on Thursday, outperforming the broader market. The stock's sharp rise aligns with a sector-wide rally in Asian American depositary receipts (ADRs), particularly those from North Asia.
According to market reports, Asian ADRs traded in the U.S. were trending higher, with Huya leading the gainers alongside other companies like Eason Technology and Bilibili. The S&P Asia 50 ADR Index rose 0.44%, reflecting strong investor sentiment toward Asian equities.
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