09899 CLOUD MUSIC
- 99.500
- -0.500-0.50%
CLOUD MUSIC News
A Look At The Intrinsic Value Of Cloud Music Inc. (HKG:9899)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Cloud Music fair value estimate is HK$94.27 With HK$106 share price, Cloud Music appears to be trading close to its estimated fair value Ou
Intelligent Hong Kong Stock Shareholder Equity Disclosure | June 7th
HK shareholders' equity disclosure | June 7th
Express News | Alibaba Group's Long Position in Cloud Music Decreases to 7.00% on June 6 From 8.30% - HKEX
Bocom Intl maintains a "buy" rating for Netease Cloud Music (09899) with a target price increase to HKD 120.
BOCOM Intl is bullish on the continuous release of profits with improved profit margin for Netease Cloud Music (09899).
[Brokerage Focus] Bocom Intl raises target price of Yun Music (09899) by 15.4% due to better-than-expected optimization of gross margin.
According to a research report released by Bocom intl, Yun Music (09899) announced its performance for the first quarter of 2024, with revenue of 3.96 billion yuan, a year-on-year increase of 3.6%, which is in line with expectations. Excluding one-time adjustments of some copyright fees, the gross margin has optimized by 11/3 percentage points, better than the bank's expectations. The bank pointed out that the net increase in membership in the quarter reached a two-year high, slightly better than the bank's previous expectations. It is predicted that the number of memberships in the first half of the year will increase by 21% year-on-year, and the monthly ARPPU will increase by 2% year-on-year. Product revision may affect live broadcast traffic and bring a decrease in revenue on a month-on-month basis. Consideration should be given to changes in revenue structure.
Cloud Music Inc. Announces New Stock Awards
Cloud Music (09899) grants approximately 1312,000 bonus shares
Cloud Music (09899) announced that the company offered a number of eligible participants (as grantees) on May 31, 2024...
Cloud Music (09899) bucked the market by 3.32%, and gross margin rose significantly to 38% in the first quarter
Jinwu Financial News | Cloud Music (09899) rebounded against the market in early trading. As of press release, it reported HK$105.8, up 3.32%, with a turnover of HK$27.207,700. According to the news, Cloud Music's net revenue for the first quarter of 2024 was 2 billion yuan (US$281.1 million), an increase of 3.6% compared with the first quarter of 2023. Cloud Music's gross margin for the first quarter of 2024 was 38.0%, compared to 30.3% and 22.4% for the previous quarter and the same period last year, respectively. The month-on-month and year-over-year increase in gross margin was mainly due to the above reasons. The one-time adjustment to the aforementioned copyright fees increased by 2
NetEase's Q1 Earnings: Gaming Giant Shows Resilience With Growth in Cash Flow and Cloud Music
NetEase, Inc (NASDAQ:NTES) reported fiscal first-quarter 2024 revenue growth of 7.2% year-on-year to $3.72 billion (26.9 billion Chinese yuan), missing the analyst consensus estimate of $3.79 billion.
Cloud Music Inc. Reports Strong Q1 Growth
NetEase Cloud Music (9899.HK): Focus on online music and reshape growth with music as the core
On May 23, NetEase released its financial report for the first quarter of 2024. The financial report revealed that in the first quarter, NetEase Cloud Music continued to focus on the core online music business, and the app was completely revised and upgraded, with the aim of building a music-centered ecosystem and promoting sustainable long-term growth. Looking at the market environment, competition in the domestic online music market is currently escalating against the backdrop of the entertainment industry grabbing users' attention. NetEase Cloud Music's continued growth is “going against the wind”, which further validates the competitiveness and growth potential of the industry. So, what did NetEase Cloud do right? You might as well explore further along the two lines. Return to music and focus on the online music industry
Cloud Music Inc. Announces Director Resignation
Cloud Music Inc. Reveals Board and Committee Members
Hong Kong Stock Concept Tracking | Under Suno's leadership, AI music applications are expected to set off a new revolution in AI music, and AI music applications may usher in a period of rise (with concept stocks)
Under Suno's leadership, it is expected to set off a new revolution in AI music generation. It is expected that AI music applications may usher in a period of rise
Cloud Music (HKG:9899) Is Experiencing Growth In Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increas
Cloud Music Expands K-pop Portfolio With Kakao Entertainment
Cloud Music (NASDAQ:NTES) Monday said that it has entered into a licensing agreement for digital music distribution with Kakao Entertainment, an entertainment company in South Korea, granting NetEase Cloud Music the right to distribute Kakao Entertainment's music catalog in China.
NetEase Cloud Music Strikes Key Licensing Deal With Kakao Entertainment To Enrich K-Pop Catalog In China
Under the terms of the Agreement, the two companies will engage in diverse approaches to unlock more opportunities for Kakao Entertainment's vast and influential catalog as well as its prominent artis
Reported Earlier, NetEase Cloud Music Adds Expansive K-Pop Portfolio With JYP Entertainment Agreement
Under the terms of the Agreement, the two companies will leverage their musical prowess to jointly promote the presence of fan-favorite K-Pop artists from JYP Entertainment's catalog and bring more hi
Cloud Music Inc. Adds Expansive K-Pop Portfolio With JYP Entertainment Agreement
NetEase Cloud Music's first podcast conference came to an end, and the “Seeding Plan”, a support program for creators, was released
Sina Technology News reported on the afternoon of April 28. Recently, the first NetEase Cloud Music podcast conference came to a successful conclusion in Beijing. With the theme of “amplifying the volume”, the conference attracted podcast creators, industry experts and media people from all over the country to participate. Zhang Hou, head of NetEase Cloud Music's long audio business, delivered a speech entitled “From Seed to Blossom, Hear the New Volume of Podcast”, pointing out that NetEase Cloud Music will help the podcast content ecosystem prosper through long-term and continuous creative support for the podcast industry. Cai Xin, general manager of CITIC Publishing Group, and well-known podcast anchors such as “Story FM,” “Basically Harmless,” and “Crooked Wave Sound Room” participated in the conference and
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