 Chinas market regulators have initiated an investigation into the merger of Tencent Holdings ADR OTC: TCEHY-backed live streaming platform Douyu International Holdings Ltd NASDAQ: DOYU and video game publisher and live streamer Huya Inc ADR NYSE: HUYA, Reuters reports. What Happened: The Huya-Douyu merger deal announced in October, an all-stock deal, was initiated after Tencent had pushed both companies into re-organization. 