Youdao Dictionary Pen Unveils at CES 2025, Showcasing Cutting-Edge AI Innovations and Applications in Education
Hong Kong market quick view | All three major indexes fell by about 1%, Tencent Related stocks all dropped, Weimob plunged over 40%; Golden Industrial Concept stocks rose against the trend, LINGBAO GOLD soared by 20%; Bruker's first day of listing surged
Network Technology stocks have generally fallen, with MEITUAN-W down 2.98% and SenseTime-W down 2.29%; Golden Industrial Concept stocks have all risen, with LINGBAO GOLD up 20.11% and CHINAGOLDINTL up 4.76%; Semiconductor stocks have risen, with HG SEMI up 12.96% and Innoscience up 5.74%;
Express News | Goldman Sachs: Initiates a "Buy" rating on NTES-S with a Target Price raised to 181 Hong Kong dollars.
Hong Kong stock afternoon review | The three major indexes all fell, Semiconductors and Golden Industrial Concept rose against the trend, Semiconductor Manufacturing International Corporation increased by over 5%, LINGBAO GOLD surged by over 10%.
Network Technology stocks declined, with MEITUAN-W falling 1.80% and NTES-S rising 1.59%; Golden Industrial Concept stocks rose, LINGBAO GOLD increasing by 10.63% and Zijin Mining Group rising by 3.27%; many Dining stocks dropped, with Helen's falling by 5.66% and Naixue's Tea dropping by 4.07%;
Goldman Sachs raises NetEase (09999.HK) Target Price to 181 yuan, further enhancing PC Gaming.
Goldman Sachs released a Research Report stating that NetEase (09999.HK) (NTES.US) has been performing strongly since the launch of Season Zero for the third-person hero shooting game "Marvel's Avengers" developed and published in collaboration with Marvel last December. It is predicted that the upcoming launch of a new season will further boost player engagement, and the new season pass and character equipment will help enhance monetization levels. It is estimated that this game could generate annual revenue of over 0.4 billion USD this year, with monthly active users expected to reach 20 million, and the forecasted ARPU for the first twelve months adjusted to 20 USD. Accordingly, Goldman Sachs expects NetEase's PC gaming business revenue to grow year-on-year this year.
Express News | Arete: Downgraded NetEase ADR rating to Neutral, with a Target Price of $96.
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
Huajin Securities: The iteration of graphics cards on the supply side combined with the expansion of national subsidies will empower the development of industries such as AI and gaming through multiple resonances.
The iteration of Graphics Card Hardware has significantly improved performance; the expansion of national subsidy policies for mobile devices enables the development of AI applications and gaming industries through the resonance of software and Hardware.
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
Everbright's 2025 Internet Plus-Related media investment strategy: Emotional Consumer, Content Revival.
In the competitive landscape of the domestic demand market, platform enterprises are in a relatively advantageous position, maintaining a "Buy" rating for the Internet Plus-Related media Industry.
NetEase (09999.HK) Gaming "The Sixteen Sounds of Yan Yun" is now live on mobile without data deletion, and data interoperability with the PC version is available.
NTES-S (09999.HK) stock price surged this morning (9th), reaching 147.4 yuan, up 4.1%. According to local media "IT Home", NTES-S (09999.HK) martial arts Gaming "The Sixteen Sounds of Yan Yun" mobile version goes live today without data deletion. Server maintenance will begin at 6:00 and is expected to be completed around 10:00. If not completed on time, the opening time will be postponed. According to official information, the mobile version of "The Sixteen Sounds of Yan Yun" is data-interconnected with the PC version, including character data, game progress, recharge data, etc. It should be noted that NTES email accounts do not interconnect with mobile accounts, and they are separate.
Market Update | NetEase shares rise nearly 5%, the major martial arts game "Yanyun Shiliusheng" launches on mobile today.
NetEase opened more than 4% higher, as of the time of writing, up 4.45%, at 147.9 Hong Kong dollars, with a transaction volume of 79.9547 million Hong Kong dollars.
Express News | NetEase rose over 4% after Morgan Stanley upgraded its rating.
Futu Daily Report | Will the Federal Reserve pause interest rate cuts? Meeting minutes show officials are eager to slow down the pace of rate cuts; U.S. stocks are closed today in mourning for the death of former President Carter's.
The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
U.S. stock market closing | Jensen Huang caused a collapse in quantum computing stocks, QUBT fell over 43%; China Concept Stocks fell, Xiaopeng Autos dropped over 5%.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
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Morgan Stanley Upgrades NetEase(NTES.US) to Buy Rating, Raises Target Price to $108