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Approval Secured for Tencent's Honor of Kings: World and NetEase's Frostpunk: Beyond the Ice
Cloud Native Computing Foundation Announces CubeFS Graduation
In January, the import licenses for Online Games were issued, with 13 games approved, including Kingnet Network (002517.SZ) and NetEase (09999).
On January 21, the National Press and Publication Administration released the approval information for imported Online Games in January, with a total of 13 games approved, including NetEase (09999) 'Frostpunk: The Last Shelter' and Kingnet Network (002517.SZ) 'Hot Blooded Jianghu: Return'.
Likes, Loops, and Little RedNote: Here's the List of Chinese Companies Going Global
CICC: Maintains NTES-S (09999) "Outperform Industry" rating, with Target Price raised to 180 Hong Kong dollars.
CICC raised NTES-S (09999) 2024 Non-GAAP net income by 2% to 31.7 billion yuan.
[Brokerage Focus] BOCOM INTL raises NetEase (09999) Target Price by 9.7% and expects PC games to continue accelerating growth in the coming quarters.
BOCOM INTL issued a research report stating that NetEase (09999) is expected to see a 2% year-on-year increase in revenue for the fourth quarter of 2024, with adjusted net income projected to rise by 15%, both estimates being upgraded by 3% and 10% respectively compared to the bank's previous expectations, reflecting better-than-expected performance in online games as well as gains from foreign exchange. The bank's forecast is 3% and 5% higher than the consensus forecast from VA.
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