Bocom Intl: Bullish on internet plus-related sector performance/buyback supporting stock price, focusing on Netease-S (09999) in July.

Bocom Intl has given a leading rating to the mainland internet plus-related industry.

Zhitong Finance10:24

US Stock Market Outlook: Three major futures indexes are slightly up before opening. Powell's heavyweight non-farm data will be released this week; Goldman Sachs warns that hedge funds are selling and shorting US stocks at the fastest pace in two years.

70 percent of the public question Biden's ability, but core members within the Democratic Party still support him: Biden should not withdraw from the race. Morgan Stanley says Trump's prospects have boosted yields on U.S. bonds, and the steepening yield curve makes trade more attractive. Tesla is about to announce Q2 delivery data and is expected to show a consecutive decline for the second quarter.

Futu NewsJul 1 20:28

BOCOM Intl: Netease (NTES.US) new game schedule enhances performance growth certainty in "Da Hang".

BOCOM Intl released a report stating that Netease's mobile game "Endless Hegemony" is scheduled to launch on July 25th, with over 30 million pre-registrations across the entire network. It is estimated to become the main driving force for mobile game growth in the third quarter. The mobile game is optimized for mobile device operations, solving the difficult points of operation for fighting games on touch screens. The bank estimates that in the third quarter and this year, the revenue from the "Endless Hegemony" mobile game will reach RMB 2 billion and RMB 4.4 billion respectively, contributing 8% and 5% to the company's mobile game revenue. The bank expects that Netease's mobile game revenue will increase by 15% annually in the second quarter and decrease by 9% quarterly, mainly due to seasonal factors and new games in the second quarter.

AASTOCKSJun 28 15:42

Bocom intl: Maintains buy rating on Netease-S (09999), target price of HKD 182.

BOCOM Intl estimates that Eternal Requiem, a mobile game by Netease-S (09999), will contribute 8% and 5% of the company's mobile game revenue in the third quarter of 2024 and in the long run, respectively.

Zhitong FinanceJun 28 09:40

US stocks early trading | Three major indexes show divergent trends, Micron Technology drops more than 4% after earnings.

Most new energy auto stocks have weakened, with xpeng and Rivian falling nearly 5%, while Faraday Future has risen against the trend by over 16%.

新浪美股Jun 27 21:56

NetEase Inc (NASDAQ:NTES): The Best Chinese Tech Stock to Buy for the Third Quarter?

Yahoo FinanceJun 27 21:36