The merger of Huya and DouYu was halted due to antitrust concerns. Tencent holds the largest interest in Huya, accounting for 36.9% of the company's total value. DouYu is also owned by the company, which owns a third of it. Huya and DouYu are two US-listed companies with a combined market capitalization of $5.3 billion. Tencent has stated that it will comply with all regulatory requirements, operate in compliance with applicable laws and regulations, and meet its social obligations.