Genshin Impact Creator MiHoYo Powers Three New Billionaires Onto China's 100 Richest [Forbes]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
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Source: Forbes
A Genshin Impact booth at the gamescom video game fair in Cologne, Germany, last year Xinhua News Agency via Getty Images This story is part of Forbes' coverage of China's Richest 2024. See the full list here A string of mega-hits from miHoYo, the creator of breakout success Genshin Impact , an anime-styled action adventures game, propelled three new billionaires into the ranks of China's 100 Richest. The Shanghai-based games developer, valued at an estimated $20 billion, is now looking to generative AI to power a next generation of games as it battles for turf in the fiercely competitive industry. ss “It's not difficult to see our goal if you look at our history, to see the games we have made,” cofounder Cai Haoyu said during a virtual presentation at an industry conference in 2021. “We strive to create a more immersive gaming world.” At 37, Cai is one of the youngest new entrants to the list, debuting at No. 43 with a net worth of $7.3 billion. The largest individual sh
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- NetEase, Inc. (NASDAQ: NTES) had its price target raised by analysts at Citigroup Inc. from $108.00 to $115.00. They now have a "buy" rating on the stock.MarketBeat
- NetEase, Inc. (NASDAQ: NTES) had its price target lowered by analysts at Benchmark Co. from $120.00 to $105.00. They now have a "buy" rating on the stock.MarketBeat
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- NetEase Stock Soars 9%: The Gaming Giant's Winning Streak Just Got Even Hotter [Yahoo! Finance]Yahoo! Finance
- NetEase Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
NTES
Earnings
- 11/14/24 - Beat
NTES
Sec Filings
- 11/18/24 - Form 144
- 11/14/24 - Form 6-K
- 11/7/24 - Form 13F-HR
- NTES's page on the SEC website