Express News | Ishares China Large Cap ETF Down 2%, Kraneshares CSI China Internet ETF Down 2.3%
Express News | Li Auto Slips 2.8%, JD.com Falls 2.1%, NIO Down 9%, Xpeng Down 9.6%
Express News | PDD Holdings Down 1.5%, NetEase Down 2.8%, Baidu Down 1.7%
Express News | U.S.-Listed Shares of Chinese Companies Fall as China Stocks Close at 4-1/2 Month Low
7 Analysts Have This To Say About NetEase
Across the recent three months, 7 analysts have shared their insights on NetEase (NASDAQ:NTES), expressing a variety of opinions spanning from bullish to bearish.The following table provides a quick o
Express News | Li Auto Down 2.1%, Xpeng Down 5.3%
Express News | NetEase Down 2.6%, Baidu Down 1.3%
Express News | Alibaba Group Down 1%, JD.com Down 1.9%, PDD Holdings Down 1.4%
Express News | U.S.-Listed Shares of Chinese Companies Fall Premarket as China Stocks Close at 4-1/2 Month Low
Express News | Morgan Stanley Maintains Equal-Weight on NetEase, Maintains $100 Price Target
Morgan Stanley continues to be bullish on the overall gaming industry, market consolidation is beneficial to leading participants.
Morgan Stanley continues to be bullish on the overall online gaming industry and has raised Tencent's target price by about 2% to HKD 481 from HKD 473.
Bocom Intl: New games drive industry acceleration in Q2, maintains "buy" rating for Tencent (00700) and Netease (09999).
Jiayin International released a research report stating that Tencent Holdings (00700) maintained a "buy" rating, with a 9% expected accelerated growth in mobile game revenue in the second quarter, considering the stable performance of "MDNF". For the entire year, there may still be room for an increase in mobile game revenue and income. Netease-S (09999) is also rated as a "buy", with a 15% expected growth in mobile game revenue in the second quarter. Multiple new games are scheduled to be released in the second half of the year, plus the return of "Warcraft", which is expected to alleviate the drag on game revenue growth from the high base of "Nishuihan Mobile Games" and the adjustment of "Fantasy" end games.
Express News | Ishares China Large Cap ETF up 1.5%, Kraneshares CSI China Internet ETF Gains 2.5%
Express News | PDD Holdings up 1.5%, NetEase Gains 2%, Baidu Rises 2.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Tracking Hong Kong Shares Surge
Express News | Li Auto Climbs 4.7%, JD.com Adds 1.8%, NIO up 4.5%, Xpeng Rises 3.3%
Bocom Intl: Bullish on internet plus-related sector performance/buyback supporting stock price, focusing on Netease-S (09999) in July.
Bocom Intl has given a leading rating to the mainland internet plus-related industry.
[Brokerage Focus] Bocom Intl maintains a buy rating on Netease (09999), and expects steady growth in mobile gaming revenue.
Bocom Intl released a research report indicating that Netease's (09999) "Revenant Eternal" mobile game will be launched on July 25th. The bank estimates that the contribution of Revenant Eternal's mobile game revenue to the company's mobile game revenue will be 8% in the third quarter of 2021 and 5% in 2024. It is expected that in the third quarter of 2021, mobile game revenue will still achieve stable growth driven by Revenant Eternal, offsetting the high base effect of last year's "Nishuihan". The bank pointed out that the adjustment of "Fantasy" PC game will end in the first half of this year. It is expected that in the third quarter, the PC game revenue will be driven by the return of "Warcraft" and the launch of "Seven Days World" (global public beta on July 10th) and "Yanyun Shiliu Sheng" PC games on July 26th.
Bocom intl: Maintains buy rating on Netease-S (09999), target price of HKD 182.
BOCOM Intl estimates that Eternal Requiem, a mobile game by Netease-S (09999), will contribute 8% and 5% of the company's mobile game revenue in the third quarter of 2024 and in the long run, respectively.
NetEase Inc (NASDAQ:NTES): The Best Chinese Tech Stock to Buy for the Third Quarter?