NEW YORK, Jan 9, 2026, 15:14 EST — Regular session
- JOYY fell about 4% in afternoon trade, giving back part of Thursday’s gain
- U.S.-listed China shares weakened, with investors recalibrating rate bets after jobs data
- Next tests include U.S. CPI on Jan. 13 and the Fed meeting on Jan. 27-28
JOYY Inc shares fell 4.3% to $66.44 in afternoon trade on Friday, after touching $70.25 a day earlier and closing Thursday up 3%. The stock traded between $66.55 and $69.42 on the day. 1
The drop outpaced a broader retreat in U.S.-listed China names, with the Nasdaq Golden Dragon China Index down 1.24%. Traders said the tape looked like profit-taking after a sharp run into the week’s highs. 2
Rate talk was back in focus after U.S. job growth slowed more than expected in December, while the unemployment rate dipped to 4.4%, a Reuters report showed. Adam Sarhan, chief executive at 50 Park Investments, said the market is “looking forward to what’s going to happen with interest rates and earnings.” 3
JOYY did not post a fresh company announcement that explained the move. The stock has been volatile this week, and Friday’s slide unwound part of Thursday’s advance.
The Singapore-headquartered firm operates video-based social media and live-streaming products including Bigo Live, Likee and Hago, according to a Reuters company profile. Its U.S.-listed shares trade as American depositary shares, a wrapper that lets investors buy exposure to a non-U.S. firm on a U.S. exchange. 4
Still, the setup can cut both ways. A sharper risk-off turn in China tech, a swing in U.S.-China policy headlines, or weaker ad demand could hit sentiment quickly, especially with the stock near recent highs.
The next hard markers are macro. U.S. CPI for December is due Jan. 13, and the Fed’s next policy meeting runs Jan. 27-28; JOYY’s next earnings release is projected for March 22, according to MarketScreener. 5
