09999 NTES-S
- 145.500
- +4.800+3.41%
NTES-S News
According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.
As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
NetEase's Share-Price Decline on Game Adjustments Looks Overdone, Jefferies Says -- Market Talk
0824 GMT - NetEase's share-price decline following changes to the virtual economy system in massively multiplayer online role-playing game "Fantasy Westward Journey," looks overdone, Jefferies analyst
Brokerage Focus: CMB International points out that China's internet-related performance in the first quarter as well as industry performance are in line with expectations. Pay attention to three main lines when selecting stocks.
The China internet plus-related sector's performance and industry 1Q24 results since the beginning of the year were reviewed by CMBI. After a short influx of funds and improved emotions had driven a rapid rise, the internet plus-related sector has seen some pullback, which is in line with the bank's earlier expectations. From a perspective of stock selection for the whole year, the bank recommends focusing on these three main lines of stock selection when interest rate trading has yet to show a trending launch, and liquidity remains tight: 1) The company has the ability to increase or maintain attractive shareholder returns, and key support comes from the quality of the company's fundamentals (business competitive advantage is stable, main business still has stable growth, and has stable profitability).
Top Gap Ups and Downs on Tuesday: QCOM, MU, NEE and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
NextEra Energy, Lennar And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Tuesday.Shares of NextEra Energy, Inc. (NYSE:NEE) fell sharply in today's pre-market trading after the compan
China PBOC Keeps Key Policy Rates Steady
China's central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate later this month. The People's Bank of China provided 182 billion yuan ($25.0
Daiwa Securities rating: Tencent and Ctrip are preferred for Chinese internet stocks, bullish on Netease, PDD Holdings, Meituan and KE Holdings.
Daiwa has released a research report stating that they have recently met with many investors in the United States who are focusing on investing in the Asian market. After consolidation, the bank found that American investors generally have a bullish outlook on Tencent, with most giving a "buy" or "shareholding" rating, and they expected more catalysts to push its stock price further ahead of the market, such as improvement in gaming business performance, strong growth in advertising business and ongoing shareholder returns. Investors are also bullish on PDD Holdings, with a unanimous buy rating, and also tend to choose Ctrip, Ke Holdings, and Meituan. Daiwa pointed out that Ctrip's international business development seems to have not been recognized by investors, while
5 Analysts Assess NetEase: What You Need To Know
In the last three months, 5 analysts have published ratings on NetEase (NASDAQ:NTES), offering a diverse range of perspectives from bullish to bearish.The table below summarizes their recent ratings,
NetEase Initiated at Equal-Weight by Barclays
NetEase Initiated at Equal-Weight by Barclays
NetEase Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/13/2024 12.24% Barclays → $104 Initiates Coverage On → Equal-Weight 05/24/2024 56.49% Benchmark $144 →
Express News | NetEase Inc : Barclays Initiates Coverage With Equal-Weight Rating and Target Price $104
Barclays Initiates NetEase(NTES.US) With Hold Rating, Announces Target Price $104
Barclays analyst Jiong Shao initiates coverage on $NetEase(NTES.US)$ with a hold rating, and sets the target price at $104.According to TipRanks data, the analyst has a success rate of 48.2% and a tot
Goldman Sachs: Tencent (00700) and Netease (09999) are still the preferred choices in the gaming field. The launch of new games is a catalyst.
Netease's games "Endless Journey MOBILE" and "Yanyun Shiliu Sheng" will also be released in July or August this year.
Netease Cloud Music issued an apology statement regarding the Huachenyu event and will take compensation measures.
On the morning of June 7th, Sina Technology reported that NetEase Cloud Music apologized for errors in a signing event for Hua Chenyu's music album. NetEase Cloud Music expressed apologies for delays caused by technical problems and maintenance during the promotion of Hua Chenyu's USB version album "Hope" on the Wanda Plaza big screen. In response, NetEase Cloud Music proposed compensation measures including additional promotion resources, increased placement areas, and offline concert promotion, and promised to continue improving its services. (Luoning)
US stocks closed | Non-farm employment was hit hard and interest rate expectations fell, with all three major indexes falling collectively. Gamestop plummeted nearly 40%.
After the US employment report, US bond yields rose more than 10 basis points; the US dollar index, which had approached its two-month low, rose sharply and hit a new high in more than a week; offshore renminbi fell 180 points and lost 7.26. Bitcoin dropped more than $3,000, approaching the $72,000 mark in intraday trading.
Netease stock price temporarily stops at HKD 150. Will test the momentum again next week with World of Warcraft.
On June 5th, ATFX reported that the National Press and Publication Administration approved 15 imported online games, with Tencent (00700.HK) obtaining 3 licenses, including client games "Black Desert", "Fearless Pact: Source Power Action", and Switch game "Warframe". However, the news had limited impact on Tencent's stock price. World of Warcraft's "Wrath of the Lich King" is expected to go live this month, with Netease (09999.HK) surging 4% in yesterday's trading. With the normalization of license approvals and the continuous launch of new products, the market remains bullish on the supply side of the gaming industry reaching a stable state. Since the beginning of this year, the industry has seen a significant growth.
[Brokerage Focus] Bocom Intl indicates that fundamental factors are still important indicators for investment in the internet plus-related industry. Selecting stocks prioritizes performance growth.
Jingu Finance News | Bocom International has released its outlook for the internet industry in the second half of the year. Valuations of Chinese internet companies are currently one standard deviation below the historical average over the past two years, and companies with stable performance growth and clear industry competition should have upward valuation potential. Shareholder returns in the industry are currently lagging behind, especially in terms of dividend yields compared to high dividend industries, and fundamentals remain an important indicator for internet industry investment. The stock selection criteria are as follows: performance growth > industry competition > industry space > new business potential > shareholder returns > valuation multiple space. Bullish on Tencent (00700) / Ctrip (09961) / PDD Holdings / New Oriental (099).
Intelligent Hong Kong stock analysis| Welcoming the post-easy era, Nvidia's record high stimulates the strong performance of technology stocks.
As a market that has long been integrated with the international market, Hong Kong stocks have been much stronger recently than A-shares. Despite the rise and fall, the market was relatively stable and closed up by 0.29%. A-shares continue to be in a period of internal restructuring, and with strict control over algorithmic trading, micro-cap stocks that it harvests are all in a state of large-scale decline. The Hong Kong stock market has entered a period of easing after trading. At 21:45 on Wednesday evening Beijing time, the Bank of Canada released its interest rate decision, announcing a 25 basis point cut in its benchmark interest rate to 4.75%, making it the first G7 country to cut interest rates. After the Bank of Canada's rate cut, there was pressure on the Fed. There is a "small non-".
NetEase Inc's Dividend Analysis
Analysis
Price Target
No Data
Business Data
No Data