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NetEase Newsroom
Netease denies all layoffs in Shenzhen, stating that it is fake news and refers to adjustments made several months ago.
Sina Technology News, November 29th, noon, there were online rumors that netease's Shenzhen office laid off all employees, "the gaming department left with none." In response, a netease insider said, "This was an adjustment made several months ago, specifically for a single product, many colleagues have already been transferred to other products, it is definitely not true that all employees were laid off."
Morgan Stanley: Maintains netease-S (09999) "shareholding" rating, target price raised to 185 Hong Kong dollars.
J.P. Morgan continues to list netease as the top pick in the digital entertainment sector.
[Brokerage Focus] Bocom Intl: Bullish on OTA/local life competition easing and sustained robust performance by 2025.
Jinwu Financial News | Bocom Intl released its 2025 outlook for the internet plus-related industry, as new policies are progressively implemented, the effects on online and offline consumer spending may become evident the fastest. There is bullish sentiment towards consumer categories on internet trading platforms that are relatively inelastic and can be quickly stimulated, as well as the software industry benefiting from AI empowerment and innovation recovery. It is suggested to focus on stable growth in core business, improvement in profitability, and valuation recovery opportunities driven by high shareholder returns. The bank is optimistic about the easing competition in OTA/local life and the sustained steady performance, with ecommerce > education > gaming > software having significant valuation recovery opportunities. OTA: Mainland hotel ADR pressure is easing, outbound business.
J.P. Morgan Maintains NetEase(NTES.US) With Buy Rating, Raises Target Price to $120
Zhou Hongyi: In the era of AI, internet plus-related companies are no longer the main characters; traditional enterprises are.
Sina Technology reported on the evening of November 28 that during the 2024 World Zhejiang Businessmen Conference "Shanxi Night" event, Zhou Hongyi, founder, chairman, and CEO of 360 Group, was invited to promote Linfen in Shanxi. Zhou Hongyi pointed out that in the AI era, entering the second half of digitalization or the second half of the internet, internet companies are no longer the main characters; the true protagonists are traditional enterprises. Therefore, for cities like Linfen in Shanxi, the biggest temptation for digital enterprises is the presence of many traditional enterprises, such as coke and steel companies, which have significant potential for digital transformation. Zhou Hongyi emphasized that in order for China's large models to perform well,
Express News | NetEase Inc : JP Morgan Raises Target Price to $120 From $110
netease is in a challenging autumn.
Both games and music are facing trouble.
Hong Kong stocks are moving | The index of Hengke has expanded its increase to over 3%, with all network technology stocks rising. Meituan-W (03690) is up nearly 7%.
The Heng Science Index expanded by over 3%, with regards to the component stocks, network technology stocks rose across the board today, with Meituan-W (03690) up 6.7%, closing at 175.3 Hong Kong dollars; jd.com Group-SW (09618) increased by 4.42%, closing at 141.8 Hong Kong dollars.
Netease youdao (DAO.US) closed up more than 15%, with record high profits in the third quarter.
On Tuesday, U.S. stocks closed, with the education technology company Netease Youdao rising by 15.28%, closing at $6.11.
NetEase To Go Ex-Dividend On November 29th, 2024 With 0.435 USD Dividend Per Share
NetEase, Inc. Goes Ex Dividend Tomorrow
Netease Cloud Music and QQ Music are "quarreling" again, who actually "plagiarized" whom?
① Netease Cloud Music publicly urged QQ Music to stop its plagiaristic "innovation". ② The dispute between the two major domestic online music platforms has lasted for years, reflecting the increasingly intense competition among online music platforms today.
Netease Cloud Music clashes with QQ Music: "Plagiarism" is written all over the screen.
① Netease Cloud Music calls out to QQ Music: "Less follow-up 'updates', more real innovation." ② Netease Cloud Music published an article detailing the accusations against QQ Music in recent years for "imitating" and copying Netease Cloud Music's vinyl playback page, share with friends feature, and Palace Museum themed player.
US stocks closed: "Trump trade" resumes, with all three major indexes rising together. The Dow rose 1%.
① The three major indices collectively rose, with the Dow Jones up 1%; ② Most large technology stocks fell, with Google dropping nearly 5%; ③ Most china concept stocks fell, with pdd holdings down more than 10%.
BofA Securities Maintains NetEase(NTES.US) With Buy Rating, Maintains Target Price $120
Hong Kong stocks morning report on November 21: The chairman of the Securities and Futures Commission, wu qing, met with the Financial Secretary of Hong Kong, paul chan mo-po. Canvest env received a privatization offer of 10 billion yuan from an A-share c
CSRC Chairman Wu Qing meets with Hong Kong Financial Secretary Paul Chan Mo-po.
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.