What's Going On With Chinese Gaming Stock NetEase On Wednesday? [Yahoo! Finance]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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Source: Yahoo! Finance
SCMP reports that the National Press and Publication Administration (NPPA) approved Tencent's online role-playing game Roco Kingdom: World and Alibaba's Ruyuan from its Lingxi Games studio. The update boosted Chinese gaming company NetEase, Inc. (NASDAQ: NTES ) stock. Also Read: NetEase's Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music This month's approvals reflect a rebound for the gaming industry. After fewer than 100 titles were approved in April and May, more than 100 new titles were approved each month in the first quarter. According to market intelligence company CNG, China's video gaming market saw its first-quarter revenue rise by 7.6% year-on-year to 72.6 billion yuan ($10 billion). The market has been recovering since April 2022, when Beijing resumed licensing video games after an eight-month freeze. In January, the NPPA retracted a draft proposal to cap user spending in games and ban excessive rewards. China's unexpected gam
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News
- NetEase Inc (NASDAQ:NTES): The Best Chinese Tech Stock to Buy for the Third Quarter? [Yahoo! Finance]Yahoo! Finance
- NetEase, Inc. (NASDAQ: NTES) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $100.00 price target on the stock.MarketBeat
- NetEase, Inc. (NASDAQ: NTES) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Mattel's Uno and other popular games will become colorblind accessible [CNBC]CNBC
- NetEase, Inc. (NASDAQ: NTES) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
NTES
Earnings
- 5/23/24 - Beat
NTES
Sec Filings
- 6/26/24 - Form 6-K
- 5/23/24 - Form 6-K
- 5/9/24 - Form 13F-HR
- NTES's page on the SEC website