Sec Form 13G Filing - Point72 Hong Kong Ltd filing for HUYA INC ADS REPSTG SHS (HUYA) - 2023-12-28

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No.  )*
 

Huya Inc.

(Name of Issuer)
 

Class A Ordinary Shares, par value US$0.0001 per share¹

(Title of Class of Securities)
 

44852D108²

(CUSIP Number)
 

December 27, 2023

(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
¨ Rule 13d-1(b)
ý Rule 13d-1(c)
¨ Rule 13d-1(d)
 
(Page 1 of 7 Pages)

 

______________________________

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

¹The holdings reported herein are held in the form of American Depositary Shares (“ADSs”), which each represent one Class A ordinary share, par value US$0.0001 per share (“Class A Ordinary Shares”).

²The CUSIP Number listed throughout this filing is the CUSIP assigned to the ADSs of the Issuer.

 

 

 

 

 

 

 

CUSIP No. 44852D10813GPage 2 of 7 Pages

 

1

NAME OF REPORTING PERSON

 

Point72 Hong Kong Limited

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Hong Kong

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

4,212,881 class A ordinary shares (represented by 4,212,881 ADSs)

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

4,212,881 class A ordinary shares (represented by 4,212,881 ADSs)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,212,881 class A ordinary shares (represented by 4,212,881 ADSs)

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.8%

12

TYPE OF REPORTING PERSON

OO

         

 

 

CUSIP No. 44852D10813GPage 3 of 7 Pages

 

 

1

NAME OF REPORTING PERSON

 

Cubist Systematic Strategies, LLC

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

199,040 class A ordinary shares (represented by 199,040 ADSs)

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

199,040 class A ordinary shares (represented by 199,040 ADSs)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

199,040 class A ordinary shares (represented by 199,040 ADSs)

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.2%

12

TYPE OF REPORTING PERSON

OO

         

 

 

CUSIP No. 44852D10813GPage 4 of 7 Pages

 

 

1

NAME OF REPORTING PERSON

 

Steven A. Cohen

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING< br> PERSON WITH
5

SOLE VOTING POWER

0

6

SHARED VOTING POWER

4,411,921 class A ordinary shares (represented by 4,411,921 ADSs)

7

SOLE DISPOSITIVE POWER

0

8

SHARED DISPOSITIVE POWER

4,411,921 class A ordinary shares (represented by 4,411,921 ADSs)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,411,921 class A ordinary shares (represented by 4,411,921 ADSs)

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0%

12

TYPE OF REPORTING PERSON

IN

         

 

 

CUSIP No. 44852D10813GPage 5 of 7 Pages

 

 

Item 1(a). Name of Issuer.
    Huya Inc. (the “Issuer”)

 

Item 1(b). Address of Issuer's Principal Executive Offices.
  Building A3, E-Park, 280 Hanxi Road, Panyu District, Guangzhou 511446, People’s Republic of China

 

Item 2(a). Name of Person Filing.
  The holdings of the Issuer’s class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”) reported herein are held in the form of American Depositary Shares (“ADSs”), which each represent one Class A Ordinary Share.  This statement is filed by: (i) Point72 Hong Kong Limited (“Point72 Hong Kong”) with respect to Class A Ordinary Shares held, in the form of ADSs, by an investment fund it manages; (ii) Cubist Systematic Strategies, LLC (“Cubist Systematic Strategies”) with respect to Class A Ordinary Shares held, in the form of ADSs, by an investment fund it manages; and (iii) Steven A. Cohen (“Mr. Cohen”) with respect to Class A Ordinary Shares held, in the form of ADSs, beneficially owned by Point72 Hong Kong and Cubist Systematic Strategies.
   
  Point72 Hong Kong, Cubist Systematic Strategies, and Mr. Cohen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.

 

Item 2(b). Address of Principal Business Office.
  The address of the principal business office of (i) Point72 Hong Kong is Suites 1102-1110, 11th Fl. and 12th Fl., Chater House, 8 Connaught Road Central, Hong Kong; (ii) Cubist Systematic Strategies is 55 Hudson Yards, New York, NY 10001; and Mr. Cohen is 72 Cummings Point Road, Stamford, CT 06902.

 

Item 2(c). Place of Organization.
  Point72 Hong Kong is a Hong Kong limited liability company. Cubist Systematic Strategies is a Delaware limited liability company.  Mr. Cohen is a United States citizen.

 

Item 2(d). Title of Class of Securities.
  Class A Ordinary Shares, par value $0.0001 per share

 

Item 2(e). CUSIP Number.
  There is no CUSIP number assigned to the Class A Ordinary Shares. The CUSIP number 44852D108 has been assigned to the ADSs of the Issuer, which are quoted on the New York Stock Exchange under the symbol “HUYA.” Each ADS represents one Class A Ordinary Share.

 

Item 3. If this Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b), or (c), check whether the Person Filing is a:
  Not applicable.

 

Item 4. Ownership.
  The inf ormation required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.  Such information is as of the close of business on December 27, 2023.

 

CUSIP No. 44852D10813GPage 6 of 7 Pages

 

 

  Point72 Hong Kong, Cubist Systematic Strategies, and Mr. Cohen own directly no ADSs or Class A Ordinary Shares. Pursuant to an investment management agreement, Point72 Hong Kong maintains investment and voting power with respect to the securities held by a certain investment fund it manages.  Pursuant to an investment management agreement, Cubist Systematic Strategies maintains investment and voting power with respect to the securities held by an investment fund it manages.  Mr. Cohen controls each of Point72 Hong Kong, and Cubist Systematic Strategies.   The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Class A Ordinary Shares reported herein.
   
  The percentages set forth herein are based on 87,545,391 shares of Class A Ordinary Shares outstanding as of September 30, 2023, as disclosed in Exhibit 99.1 attached to the Issuer's Form 6-K filed with the U.S. Securities and Exchange Commission on November 14, 2023.

 

Item 5. Ownership of Five Percent or Less of a Class.
  If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].

 

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
  See Item 2(a).

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
  Not applicable.

 

Item 8. Identification and Classification of Members of the Group.
  Not applicable.

 

Item 9. Notice of Dissolution of Group.
  Not applicable.

 

Item 10. Certification.
  By signing below each Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

CUSIP No. 44852D10813GPage 7 of 7 Pages

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: December 28, 2023

 

 
  POINT72 HONG KONG LIMITED
   
  By:   /s/ Jason M. Colombo
  Name:  Jason M. Colombo
  Title:    Authorized Person
   
   
  CUBIST SYSTEMATIC STRATEGIES, LLC
   
  By:   /s/ Jason M. Colombo
  Name:  Jason M. Colombo
   
   
  STEVEN A. COHEN
   
  By:   /s/ Jason M. Colombo
  Name:  Jason M. Colombo
  Title:    Authorized Person
& #xA0;