The Latest Breaking News from NetEase Inc

Summary NetEase (NTES) has shown strong technical performance, with a 29.61% increase since the Trend Seeker buy signal on 9/26, and is above key moving averages. The company operates across various segments including online games, music streaming, and intelligent learning services, with a market cap of $65.06 billion and a...

Despite the macroeconomic challenges, China has shown resilience, which is evident in its solid economic growth. Given this backdrop, it could be wise to buy top Chinese stocks Alibaba Group Holding (BABA), JD.com (JD), and NetEase (NTES) as the nation’s economy rebounds. Read more.

China’s faster-than-expected GDP growth in the third quarter and solid consumption and industrial activity last month showed economic recovery gaining traction amid a recent flurry of stimulus measures. So, let’s find out if it is the right time to invest in Chinese stocks Alibaba Group (BABA) and NetEase (NTES). Continue…

NetEase gains 30-day launch rights to distribute new additions and promote RYCE artists in China.

China games company NetEase Inc. says it has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, in an escalating public spat

China's video games regulator on Tuesday granted publishing licenses to 88 online games, including titles belonging to Tencent Holdings Ltd , NetEase Inc and miHoYo. Shenzhen-based Tencent, the world's largest gaming company, received at least one game license for a mobile game named "Yuanmengzhixing", the list published by the National…

Concerns over the delisting of a few Chinese companies by U.S. regulators sparked panic among investors last month, resulting in significant price dips in Chinese stocks. However, since China has agreed to fulfill the audit requirements imposed by U.S. authorities, easing delisting concerns, we think it could be fruitful to…

NetEase Inc (NASDAQ:NTES) reported fourth-quarter FY21 revenue growth of 23.3% year-on-year to $3.82 billion, beating the consensus of $3.81 billion. Segments and margins: Online game services revenues grew 29.8% Y/Y to $2.7 billion. The gross margin for online game services expanded by 100 bps to 64.1%. Net revenues from Youdao Inc (NYSE:DAO) increased 20.5% Y/Y to $209.3…

India's Ministry of Electronics and Information Technology has banned 54 apps it says are of Chinese origin, including Sea Ltd (NYSE:SE) marquee game Free Fire, Bloomberg reports. The apps banned include those belonging to Tencent Holdings Ltd (OTC:TCEHY), Alibaba Group Holding Ltd (NYSE:BABA), and NetEase Inc (NASDAQ:NTES), and are re-branded versions of apps already banned by India in 2020.…