J.P. Morgan has reiterated that NetEase is their top pick in the Chinese online gaming industry.
They expect the mobile game "Naraka: Bladepoint" to drive accelerated growth in online gaming revenue starting from the third quarter and lead to a reevaluation of the stock price. The target price for NetEase's H-shares is set at HK$ 200.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment