09999 NTES-S
- 136.800
- +1.900+1.41%
NTES-S News
BofA Securities Maintains NetEase(NTES.US) With Buy Rating, Maintains Target Price $120
Hong Kong stocks morning report on November 21: The chairman of the Securities and Futures Commission, wu qing, met with the Financial Secretary of Hong Kong, paul chan mo-po. Canvest env received a privatization offer of 10 billion yuan from an A-share c
CSRC Chairman Wu Qing meets with Hong Kong Financial Secretary Paul Chan Mo-po.
Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.
On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".
Hong Kong stock concept tracking | 112 domestically produced new games approved for version numbers! The gaming industry is expected to see a revival (with concept stocks)
On November 20, the domestic game licenses for this month were issued early. The National Press and Publication Administration announced in the evening the approval information for domestic online games in November 2024, with a total of 112 new games approved, marking two consecutive months with more than 110 licenses issued.
U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
Express News | The top ten of the first domestic AI big model attack and defense competition appeared in Wuzhen: more than 2,700 teams from around the world participated | Direct hit on Wuzhen
Express News | The fill price for a block trade of 1.79 million Netease stocks is 135.403 Hong Kong dollars per share.
Guo Jiayao: Hong Kong stocks trading lightly as peripheral political situation is observed. Netease (09999.HK) performance exceeds expectations.
Guo Jiayao, Director of Business Development at Port Family Office, stated that on Tuesday (19th), the US stock market first fell and then stabilized. Tensions between Russia and Ukraine raised concerns in the market about geopolitical risks, leading to an initial decline in the market followed by gradual stabilization at lower levels. The three major indices closed with mixed gains and losses.
[Special guest Big V] Guo Jiayao: The market atmosphere remains cautious, expecting the index to hover around the 19,000 to 20,000 level.
The US stock market fell first on Tuesday and then stabilized, the tension between Russia and Ukraine escalated, market concerns about geopolitical risks increased, leading to an initial decline in the broader market, followed by gradually stabilizing at a lower level, with the three major indices closing with mixed gains and losses.
Hong Kong stocks morning report on November 20: hkbn received a takeover offer from china mobile. goldman sachs recommends continuing to overweight A-shares and listed in hong kong.
1. hkbn received a takeover offer from china mobile. 2. goldman sachs recommends continued overallocation of a shares and h shares. 3. robin zeng said that the main listing in hong kong brings greater liquidity to alibaba stocks. 4. zto express reported a profit of nearly 2.4 billion yuan in the third quarter.
U.S. stocks closed | The three major indexes showed mixed results, with the Nasdaq up more than 1%, nvidia rising nearly 5% ahead of its earnings report; bitcoin hitting a new high led to a strong performance in cryptos concept stocks, with microstrategy
The escalation of the Russia-Ukraine conflict temporarily drove up the dollar, yen, Swiss franc, gold and other safe-haven assets, while bitcoin first broke through 0.094 million dollars. Two days before the earnings report, nvidia rose by 4.9%, super micro computer surged over 31%, the index of Chinese concepts fell by 0.8%, Xiaopeng autos dropped nearly 4%, and weibo gained over 6%.
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Major bank rating | Citigroup: Raises netease's target price to $115, exciting resilience of existing games and new game releases.
Citigroup released a report stating that netease's third-quarter revenue and net profit fell short of expectations, but it continues to demonstrate the ability to develop and launch high-quality games.
[Brokerage Focus] Guosen maintains Netease (09999) 'outperform market' rating, indicating strong game production capability and ample game reserves.
Guosen's research points out that in Q3 2024, Netease (09999) achieved revenue of 26.2 billion yuan, a year-on-year decrease of 4%. Non-GAAP net income attributable to shareholders was 7.5 billion yuan, a year-on-year decline of 13%; Non-GAAP net margin was 29%, a decrease of 3 percentage points compared to the same period last year. In this quarter, exchange losses reached 1.06 billion yuan, compared to 0.4 billion yuan in the same period last year.
Netease (9999.HK) 24Q3 Review: Blizzard games are expected to drive Q4 game revenue recovery.
In Q3 2024, revenue was 26.2 billion (down 3.9% year-on-year, up 2.8% quarter-on-quarter), with year-on-year growth mainly due to an increase in mobile game net income.
Hong Kong stocks morning report on November 19: Hong Kong Exchanges and Clearing is preparing various optimization measures for mutual market access. Goldman Sachs predicts a 15% increase in the MSCI China Index by 2025.
① The Hong Kong Stock Exchange stated that it is preparing multiple optimization measures for mutual connectivity. ② S.F. Holding plans to issue 0.17 billion H shares through an IPO in Hong Kong. ③ Goldman Sachs expects the MSCI Chinese Index to rise by 15% by 2025. ④ Xiaomi's revenue in the third quarter increased by approximately 30% year-on-year.
netease-S (09999.HK): The performance of PC games is good, observing the progress of new games such as "The Sixteen Sounds of Yanyun".
In the third quarter of 2024, revenue decreased by 4% year-on-year, and profits were affected by exchange rate gains and losses. In 24Q3, the company achieved revenue of 26.2 billion yuan, a year-on-year decrease of 4%. The Non-GAAP net income attributable to shareholders was 7.5 billion yuan, a decrease of 13% year-on-year; the Non-GAAP net margin was 29%, down 3 percentage points year-on-year. This quarter, the exchange loss reached 1.06 billion yuan, compared to 0.4 billion yuan in the same period last year.
U.S. stock anomaly | Netease continues to rise more than 1% pre-market, Citigroup raises its target price to $115.
November 18th, Netease (NTES.US) continued to rise by 1.12% in pre-market trading to $86.45, following a 12% increase over the previous 2 days since the announcement of Q3 results. Citigroup released a report stating that Netease's third-quarter revenue and net profit were below expectations, but they continue to demonstrate the ability to develop and launch high-quality games. The firm raised the target price for Netease ADR from $108 to $115, maintaining a "buy" rating based on attractive valuation, strong cash flow, and ongoing shareholder returns. (Gelonghui)
HTSC raises netease (09999.HK) target price to 118.15 yuan, with third quarter game revenue exceeding expectations.
htsc's report pointed out that netease (09999.HK) third-quarter revenue fell by 3.9% year-on-year to 26.2 billion RMB, below the market's consensus of 1.3%. Adjusted net profit declined by 13.3% year-on-year, below the consensus of 4.7%, mainly due to the expansion of exchange rate losses. Standalone gaming and deferred revenue exceeded expectations by 21% and 14% respectively, mainly due to the return of the "Warcraft" game and the continued growth in revenue from the standalone game "Endless of Tiamat".
BOCI Research: Netease (09999.HK) is supported by strong PC gaming in the short term, with the target price raised to 165 yuan.
Bank of China International released a report stating that netease (09999.HK) had mixed performance in the third quarter, with strong PC gaming supporting short-term gaming business, and the target price increased from 151 yuan to 165 yuan. The company's continued stable buyback execution and quarterly dividend policy maintain a 'buy' rating.
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