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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
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