HUYA shares surge 21.29% after-hours on virtual goods expansion, cost cuts, and improved investor sentiment.

HUYA surged 21.29% in after-hours trading on Jan. 27, 2026, driven by renewed investor confidence stemming from its 2025 virtual goods expansion, enhanced monetization tools, and cost-cutting measures. The pre-market rally (6.89%) earlier that day highlighted strategic progress in virtual goods, user retention, and operational efficiency, with analysts noting narrowing valuation gaps and institutional rebalancing toward high-growth tech assets. The broader Nasdaq Golden Dragon China Index also rose over 1%, with HUYA among top gainers, reflecting sector-wide optimism amid macroeconomic challenges. Market participants attributed the after-hours surge to sustained momentum from HUYA’s innovation in monetization and regulatory clarity in China’s gaming landscape, reinforcing its long-term recovery potential.