HUYA shares surge 20.21% intraday after Q3 earnings show 29.6% game revenue growth to RMB 531.6M.

HUYA surged 20.21% intraday, driven by its Q3 2025 earnings report showing a 9.8% year-over-year increase in net revenue to RMB 1.6883 billion, with game-related services revenue rising 29.6% to RMB 531.6 million—accounting for over 30% of total revenue for the first time. The company attributed the growth to its diversified game-related services strategy and strengthened collaborations with domestic and international game partners, boosting sales of game items and services.