Hong Kong stock market midday review | The Hong Kong stock market is experiencing a pullback, with the Hang Seng Index falling by more than 1%. New Oriental dropped over 25% after its earnings report; some Semiconductors stocks rose against the market tre

Network Technology stocks fell broadly, with Bilibili-W down 6.16% and JD-SW down 4.42%; most Property Services and Management stocks declined, with CHINA RES MIXC down 3.13% and CHINA OVS PPT down 2.98%; Semiconductors stocks strengthened, with Ennoconn up 5.18% and Semiconductor Manufacturing International Corporation up 2.39%.

Futu NewsJan 22 12:19

CITIC Lyon: Maintain NTES-S (09999) "outperform the market" rating. Game revenue is expected to rebound in the fourth quarter of 2024.

CITIC Lyon expects NTES-S (09999) to achieve a total revenue growth of 4% year-on-year in the fourth quarter of 2024.

Zhitong FinanceJan 22 11:51 · Ratings

Peer Lyon expects that NetEase (NTES.US) will see a 4% year-on-year increase in revenue and adjusted EBITDA for the last quarter.

Lyon released a Research Report stating that in light of the return of Blizzard Gaming and the strong growth of new games such as "Marvel's Contest of Champions," "The Sixteen Sounds of Yan Yun," and "Once Human," NetEase (NTES.US) gaming revenue is expected to rebound in the fourth quarter of 2024. As for 2025, the product line will be strengthened, particularly in undeveloped game types such as open-world role-playing games, shooting games, and anime games.

AASTOCKSJan 22 11:38

U.S. stocks closed higher | All three major indexes rose, with the Dow up over 1%, and NVIDIA rising more than 2% to regain the top position in Market Cap; U.S. space Concept stocks were strong, with RKLB soaring 30%.

On the first trading day of Trump's return to the White House, the Dow rose more than 1%, the chip Index rose over 2% at its peak, after multiple Institutions downgraded it, Apple fell over 3%, and NVIDIA surpassed to reclaim the Global Market Cap throne. Tesla turned down, Trump's media fell 11%, and Oracle, which will collaborate with SoftBank to invest in USA AI Infrastructure, rose over 7%. Netflix's Earnings Reports were Bullish, rising over 10% after hours. The China concept Index rose over 1% before turning down, New Oriental fell over 23%, and Xpeng Autos rose over 6%. Long-term bonds in Europe and the USA led gains, the dollar hit a two-week low, the Canadian dollar and Mexican peso fell, the offshore yuan briefly fell below 7.29 yuan, Trump's coin turned up, US oil fell as much as 3%, and Gold rose over 1% to its highest in more than two months.

wallstreetcnJan 22 07:18

In January, 136 domestic and imported Gaming were approved, including NetEase and Zhong Shouyou.

The National Press and Publication Administration released the approval information for domestically produced and imported Online Games for 2025, showing that in January, 123 domestic games and 13 imported games were approved. NetEase (09999.HK)(NTES.US) has its game "Frostpunk: The Last Haven" included in the list of approved imported games. Meanwhile, Zhong Shouyou (00302.HK) has "Three Thousand Fantasy Worlds" and ZENGAME (02660.HK) has "Ace Builder" included in the list of approved domestic games.

AASTOCKSJan 22 07:14

Cloud Native Computing Foundation Announces CubeFS Graduation

PR NewswireJan 22 01:00