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NetEase Newsroom
Express News | Live coverage of WAIC | Dialogue with the head of Netease Lingdong: based on self-developed industrial large-scale models, intelligentization of equipment such as excavators has been achieved.
Express News | Exclusive interview with the Head of AI Technology at Netease Fu Xi: AI Technology will bring personalized experiences to thousands of players in the gaming industry.
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
US stocks fluctuate | Netease fell more than 3%. Its heavyweight work 'Yan Yun Sixteen Sounds' has announced a delay in public beta.
On July 5th, Gelunhui reported that Netease (NTES.US) fell 3.24% to $92.81. In terms of news, Yan Yun 16 Sounds, a martial arts action game developed by Everstone Studio under Netease, was originally scheduled to undergo public beta testing on the PC version on the 26th of this month. However, the official announcement today stated that after careful consideration and with strong support from the company for the Yan Yun project, the beta testing will be postponed and more effort will be put into improving the gaming experience. It was also announced that a larger-scale multi-end interoperability test will be carried out as planned, emphasizing that the game will definitely be launched this year.
Express News | Ishares China Large Cap ETF Down 2%, Kraneshares CSI China Internet ETF Down 2.3%
Express News | Li Auto Slips 2.8%, JD.com Falls 2.1%, NIO Down 9%, Xpeng Down 9.6%
Express News | PDD Holdings Down 1.5%, NetEase Down 2.8%, Baidu Down 1.7%
Express News | U.S.-Listed Shares of Chinese Companies Fall as China Stocks Close at 4-1/2 Month Low
U.S. stock market preview: Heavyweight news! Non-farm data exceeds expectations, and the three major equity index futures jump; Fed "top three": there is still a long way to go to maintain the 2% inflation target.
The US earnings season will kick off next week, putting the US stock market to the test; the increase in US currency supply indicates a reversal of the concentration trend in the US stock market, and mid-small cap stocks may have opportunities; over 1 million chips will be shipped! Nvidia's sales in China are expected to reach $12 billion this year.
NETEASE INC(9999.HK):STRENGTHENED VISIBILITY WITH FRUITFUL PIPELINES IN 2H24
We expect NTES to report 2Q24 results in end August. We model 2Q24 total and cor
7 Analysts Have This To Say About NetEase
Across the recent three months, 7 analysts have shared their insights on NetEase (NASDAQ:NTES), expressing a variety of opinions spanning from bullish to bearish.The following table provides a quick o
Morgan Stanley Maintains NetEase(NTES.US) With Hold Rating, Maintains Target Price $100
Morgan Stanley analyst Alex Poon maintains $NetEase(NTES.US)$ with a hold rating, and maintains the target price at $100.According to TipRanks data, the analyst has a success rate of 58.7% and a total
Express News | NetEase Down 2.6%, Baidu Down 1.3%
Express News | Li Auto Down 2.1%, Xpeng Down 5.3%
Express News | Alibaba Group Down 1%, JD.com Down 1.9%, PDD Holdings Down 1.4%
Express News | U.S.-Listed Shares of Chinese Companies Fall Premarket as China Stocks Close at 4-1/2 Month Low
Morgan Stanley Maintains Equal-Weight on NetEase, Maintains $100 Price Target
Morgan Stanley analyst Alex Poon maintains NetEase (NASDAQ:NTES) with a Equal-Weight and maintains $100 price target.
NetEase Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/05/2024 4.25% Morgan Stanley $100 → $100 Maintains Equal-Weight 06/27/2024 4.25% Morgan Stanley $100 →
Netease's (09999.HK) highly anticipated work 'Yan Yun Shiliu Sheng' announced delayed beta testing.
The PC version of "Yan Yun Sixteen Sounds", a martial arts action game developed by Everstone studio under Netease (09999.HK) (NTES.US), was originally scheduled for public beta testing on the 26th of this month. However, the official announcement today states that after careful consideration and with strong support from the company for the Yan Yun project, it has been decided to delay the public beta testing and invest more efforts in improving the gaming experience. They also announced plans to conduct a larger-scale cross-platform testing and emphasized that the game will definitely be launched within this year.
Morgan Stanley continues to be bullish on the overall gaming industry, market consolidation is beneficial to leading participants.
Morgan Stanley continues to be bullish on the overall online gaming industry and has raised Tencent's target price by about 2% to HKD 481 from HKD 473.