Revenue -3.9% to $3.7B (Miss vs. $3.73B)❌ Adjusted EPS -13% to $1.67 (Miss vs. $1.71)❌ Metrics: ➡️ Games & VAS rev -4.2% to $3.0B ➡️ Youdao rev +2.2% to $224.1m ➡️ NetEase Cloud Music rev +1.3% to $284.9m ➡️ New Biz rev -10.3% to $252.8m ➡️ GPM of 62.9% vs. 62.2% YoY ➡️ Net Cash & ST Investments of $17.1B ➡️ Launched 3 new game titles: Nakara, Racing Master, World of Warcraft; return of Hearthstone to China market $NetEase (NTES.US)$$NTES-S (09999.HK)$$TENCENT (00700.HK)$$BILIBILI-W (09626.HK)$$KraneShares CSI China Internet ETF (KWEB.US)$
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BEARISH ↘ *]We turn slightly bearish as long as price holds below 6000 resistance level. We expect price to push towards 5920 support level. Technical indicators are mixed for now, with price holding below 21-EMA period. Alternatively: A 4 hour candlestick closing above 6000 res...
$NTES-S (09999.HK)$one said it is expected to be not so good. but still keep outperform. target USD120/- translate to HKD 186/-. so, is it time to get for investment?
NTE Futures(NOV4) Forum
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$
Adjusted EPS -13% to $1.67 (Miss vs. $1.71)❌
Metrics:
➡️ Games & VAS rev -4.2% to $3.0B
➡️ Youdao rev +2.2% to $224.1m
➡️ NetEase Cloud Music rev +1.3% to $284.9m
➡️ New Biz rev -10.3% to $252.8m
➡️ GPM of 62.9% vs. 62.2% YoY
➡️ Net Cash & ST Investments of $17.1B
➡️ Launched 3 new game titles: Nakara, Racing Master, World of Warcraft; return of Hearthstone to China market
$NetEase (NTES.US)$ $NTES-S (09999.HK)$ $TENCENT (00700.HK)$ $BILIBILI-W (09626.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ *]We turn slightly bearish as long as price holds below 6000 resistance level. We expect price to push towards 5920 support level. Technical indicators are mixed for now, with price holding below 21-EMA period.
Alternatively: A 4 hour candlestick closing above 6000 res...
so, is it time to get for investment?
TikTok-like $KUAISHOU-W (01024.HK)$ booms 10.7% on news the platform is entering the Brazil e-commerce market with Kwai Shop. They already have 60m users in the country for Kuaishou.
HK share premiums to ADRs as follows:
$BABA-W (09988.HK)$ +2.9% premium
$JD-SW (09618.HK)$ +2.4% pre...
went down, i bought more, went down more, i bought even more :)
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