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Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.
On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".
Hong Kong stock concept tracking | 112 domestically produced new games approved for version numbers! The gaming industry is expected to see a revival (with concept stocks)
On November 20, the domestic game licenses for this month were issued early. The National Press and Publication Administration announced in the evening the approval information for domestic online games in November 2024, with a total of 112 new games approved, marking two consecutive months with more than 110 licenses issued.
Express News | China's Press and Publication Administration: Approved 7 Imported Games in November, Including Title From NetEase
[Special guest Big V] Guo Jiayao: The market atmosphere remains cautious, expecting the index to hover around the 19,000 to 20,000 level.
On Tuesday, U.S. stocks initially fell and then stabilized. The tension regarding the Russia-Ukraine situation has caused market concerns about rising geopolitical risks, leading to a downward trend in the early trading session. However, the major indexes gradually stabilized from their lows, ending with mixed results.
[Brokerage Focus] Guosen maintains Netease (09999) 'outperform market' rating, indicating strong game production capability and ample game reserves.
Guosen Securities Research indicates that in Q3 of 2024, Netease (09999) achieved a revenue of 26.2 billion yuan, a decrease of 4% year-on-year. Non-GAAP net income attributable to shareholders was 7.5 billion yuan, a decrease of 13% year-on-year; Non-GAAP net margin was 29%, a decrease of 3 percentage points year-on-year. This quarter, foreign exchange losses reached 1.06 billion yuan, compared to 0.4 billion yuan in the same period last year.
Barclays Keeps Their Hold Rating on NetEase (NTES)