NetEase Stock Discussion

Hong Kong stocks opened higher in the morning session. $Hang Seng Index(800000.HK)$ opened 187 points or 1.1% higher at 18,020.  $Hang Seng China Enterprises Index(800100.HK)$ opened 71 points or 1.1% higher at 6,443. $Hang Seng TECH Index(800700.HK)$ opened 49 points or 1.4% higher at 3,746.
$MEITUAN-W(03690.HK)$ , which is planning to launch lift advertising business, climbed 2.6% to $119.1. For other techs, $BABA-SW(09988.HK)$ hiked 1.3% to $76.4, while $TENCENT(00700.HK)$ gained 1....

$BABA-SW(09988.HK)$ reduced its stake in $CLOUD MUSIC(09899.HK)$ by 3.9 million shares for over RMB350 million. $Alibaba(BABA.US)$ opened rising 1.2% at $74. Mobile phone parts stock $Q TECH(01478.HK)$ expects 1H24 consolidated profit to rocket up to 5x YoY, and its shares opened surging 6.7% at $4.29.
For other tech stocks, $TENCENT(00700.HK)$ opened 0.5% higher at $379.4, while $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ , $JD-SW(09618.HK)$ and $BIDU-SW(09888.HK)$ opened 0....

$Hang Seng Index(800000.HK)$ opened 43 pts or 0.3% lower at 17,481; $Hang Seng China Enterprises Index(800100.HK)$ opened 23 pts or 0.4% lower at 6,261; and $Hang Seng TECH Index(800700.HK)$ opened 3 pts or 0.1% lower at 3,562.
For techs, $KUAISHOU-W(01024.HK)$ planned to repurchase no more than $6 billion of Class B ordinary shares, and its stock price opened 0.4% higher.  $BABA-SW(09988.HK)$ and $MEITUAN-W(03690.HK)$ dipped 0.8% and 1.5%. $TENCENT(00700.HK)$ , $XIAOMI-W(01810.HK)$ and ...

In terms of techs, $BABA-SW(09988.HK)$ dipped 1.2% at $72.05. $TENCENT(00700.HK)$ added 0.5% at $381.8. $MEITUAN-W(03690.HK)$ sank 0.3%. $XIAOMI-W(01810.HK)$ opened flat at $16.62. $JD-SW(09618.HK)$ hiked 0.8%. $BIDU-SW(09888.HK)$ faded 0.4%. $NTES-S(09999.HK)$ and $BILIBILI-W(09626.HK)$ shed 1.9% and 1.4%.

$Hang Seng Index(800000.HK)$ opened slightly higher by 7 pts or less than 0.1% at 18,035. $Hang Seng China Enterprises Index(800100.HK)$ opened 2 pts or less than 0.1% higher at 6,473. $Hang Seng TECH Index(800700.HK)$ opened flat at 3,649.
For techs, $TENCENT(00700.HK)$ added 0.6%, whereas $BABA-SW(09988.HK)$ dipped 0.1%. $BILIBILI-W(09626.HK)$ and $XIAOMI-W(01810.HK)$ dipped 0.1%. $JD-SW(09618.HK)$ sank 1.2%, being the worst-performing blue chip. $BIDU-SW(09888.HK)$ faded 0.2...

Hong Kong stocks opened this morning (4 July) atop the 18,000 point barrier of $Hang Seng Index(800000.HK)$ , which opened 101 points or 0.56% higher at 18,079. $Hang Seng China Enterprises Index(800100.HK)$ opened 30 points or 0.48% higher at 6,486. 
Tech stocks performed well. $TENCENT(00700.HK)$ opened nearly 2% higher at $386.8, $BABA-SW(09988.HK)$ opened 1.7% higher, and $BILIBILI-W(09626.HK)$ opened 3.3% higher. $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ , ...

$Hang Seng Index(800000.HK)$ opened 72 pts or 0.4% higher at 17,841; $Hang Seng China Enterprises Index(800100.HK)$ opened 19 pts or 0.3% higher at 6,394; and the $Hang Seng TECH Index(800700.HK)$ opened 25 pts or 0.7% higher at 3,564.
Techs were in a mixed bag. $BABA-SW(09988.HK)$ , having repurchased a total of 613 million shares of the company in the previous quarter, with a planned balance of US$26.1 billion, opened 1.7% higher. $TENCENT(00700.HK)$ dipped 0.7%. $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ , ...

Technology stocks traded individually, with $BABA-SW(09988.HK)$ down 0.1%. $TENCENT(00700.HK)$ descended 0.9%. $MEITUAN-W(03690.HK)$ elevated nearly 1%. $NTES-S(09999.HK)$ , $JD-SW(09618.HK)$ , $BIDU-SW(09888.HK)$ and $KUAISHOU-W(01024.HK)$ waned 0.2% to 2%. $SENSETIME-W(00020.HK)$ rose 4.5%. $BILIBILI-W(09626.HK)$ plummeted 4.7%, amid reports that some functions of BILIBILI's app are malfunctioning and are under repair.

CMBI expects the game market to reaccelerate in 2H24 with the launch of highly anticipated games. Tencent, the sector’s top pick, is forecasted to see a 10% YoY growth in game revenues, driven by "Dungeon & Fighter: Origins" (DNF mobile game) and improved performance of its overseas games. Tencent's strong R&D and international expansion will help maintain its leading position.
CMBI is also optimistic about $NTES-S(09999.HK)$ , predicting a ...