NetEase: Undervalued Gaming Giant With Global Potential

NetEase: Undervalued Gaming Giant With Global Potential

seekingalpha.com

NetEase, Inc. (NTES) Q4 2024 Earnings Call Transcript

NetEase, Inc. (NASDAQ:NTES ) Q4 2024 Earnings Conference Call February 20, 2025 7:00 AM ET Company Participants Brandi Piacente - Investor Relations Bill Pang - Vice President, Corporate Development William Ding - Chief Executive Officer Conference Call Participants Yang Bai - CICC Yang Liu - Morgan Stanley Ritchie Sun - HSBC Alicia Yap - Citigroup. Lincoln Kong - Goldman Sachs Felix Liu - UBS Operator Good day and welcome to the NetEase 2024 Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.

seekingalpha.com

NetEase Cloud Music Inc. Reports Fiscal Year 2024 Financial Results

HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- NetEase Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2024 ended December 31, 2024. Summary of Key Financial Metrics  (RMB in thousands, unless otherwise stated) Year ended 31 December 2024 2023 (Unaudited) (Unaudited) Revenue 7,950,146 7,866,992 Gross profit 2,681,512 2,102,670 Profit before income tax 1,570,255 767,679 Profit for the period 1,565,369 734,182 Non-IFRS measure: Adjusted net profit (1) 1,700,078 818,500 Fiscal Year 2024 K ey Financial Highlights Revenue was RMB8.0 billion, an increase of 1.1% compared with RMB7.9 billion in 2023.

prnewswire.com

Youdao Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$183.6 million), representing a 9.5% decrease from the same period in 2023.

prnewswire.com

NetEase Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter  202 4  Financial Highlights Net revenues were RMB26.7 billion (US$3.7 billion), a decrease of 1.4% compared with the same quarter of 2023.

prnewswire.com

NetEase raises fears it is unloading its overseas game properties, hurting U.S. gaming

Chinese game companies may be forced to sell off their overseas holdings in U.S. game companies. That could cause an earthquake in gaming.

venturebeat.com

Report: Netease lays off Seattle team working on hit video game ‘Marvel Rivals'

A Seattle-based team that contributed to development on the popular online action game Marvel Rivals has reportedly been dismissed by its parent company.

geekwire.com

Beyond DeepSeek: 4 Chinese ETFs for AI & Tech Exposure

As Chinese artificial intelligence company DeepSeek continues to challenge American chip manufacturer NVIDIA for chip dominance, investors are looking to China for their next tech investments. Billionaire investor and founder of Appaloosa Management recently increased his firm's holdings in companies like Alibaba Group NYSE: BABA while drastically decreasing holdings in American companies like Meta Platforms NASDAQ: META.

marketbeat.com

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

zacks.com

NetEase Cloud Music Inc. to Report Fiscal Year 2024 Financial Results on February 20, 2025

HANGZHOU, China , Feb. 6, 2025 /PRNewswire/ -- NetEase Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced that it will report its financial results for the fiscal year of 2024 ended December 31, 2024 on Thursday, February 20, 2025, after the Hong Kong market closes. The Company's management will host an earnings conference call at 7:00 p.m.

prnewswire.com

NetEase to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 20

HANGZHOU, China , Feb. 6, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the fourth quarter and fiscal year 2024 on Thursday, February 20, 2025, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 7:00 a.m.

prnewswire.com

Youdao to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 20

HANGZHOU, China , Feb. 6, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its fourth quarter and fiscal year 2024 financial results on Thursday, February 20, 2025, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 5:00 a.m.

prnewswire.com

Cash Flow Focus: Thermo Fisher, Energy Transfer, and NetEase

Investors focused on top-and-bottom-line performance—important as they are—do so at the risk of neglecting another crucial metric for companies across industries: cash flow. Put simply, without adequate cash flow, it becomes difficult for any company to sustain its operations, let alone continue to grow its business through expansion, innovation, or acquisitions.

marketbeat.com

NetEase (NTES) Moves 8.2% Higher: Will This Strength Last?

NetEase (NTES) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

zacks.com

Youdao Dictionary Pen Unveils at CES 2025, Showcasing Cutting-Edge AI Innovations and Applications in Education

LAS VEGAS , Jan. 10, 2025 /PRNewswire/ -- Youdao, a leading intelligent learning company in China, is showcasing its AI-equipped smart device, the Youdao Dictionary Pen X7 series, at the International Consumer Electronics Show (CES 2025).This event showcases the strength of 'Chinese AI' in the field of educational technology to a global audience. The Youdao booth attracted significant attention at the exhibition.

prnewswire.com

NetEase downgraded to Neutral from Buy at Arete

Arete downgraded NetEase to Neutral from Buy with a $96 price target.

https://thefly.com

Power Up: Gaming Industry Expansion Fuels Stock Opportunities

The gaming industry is experiencing explosive growth, fueled by rapid technological advancements and soaring consumer demand. Valued at $220 billion in 2024, the gaming sector is projected to reach $260 billion by 2026.

marketbeat.com

NetEase Rises 7% in a Month: Is the Stock a Portfolio Must Have?

NTES' strong portfolio, backed by continuous efforts to enhance its offerings, demonstrates solid growth prospects, making the stock an attractive buy.

zacks.com

NetEase: The Chinese Stock In The Right Industry At The Right Price

The developer of newly released Marvel Rivals is trading at a cheap valuation despite the successful launch of their popular title in December. NetEase is trading at an 8.8x TTM free cash flow to enterprise value. As of Q3 2024, NetEase had ~$18.6 billion in cash and short-term investments with less than ~$1.6 billion in debt.

seekingalpha.com

NetEase (NTES) Upgraded to Strong Buy: Here's What You Should Know

NetEase (NTES) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

zacks.com

Best Momentum Stock to Buy for December 19th

NTES, PLAB and SEIC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 19, 2024.

zacks.com

Best Income Stocks to Buy for December 16th

ZIM, NTES and WTBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 16, 2024.

zacks.com

Netease Cloud Music Expands Galaxy Album Writing Camp's Reach with Global Talent

HANGZHOU, China , Dec. 11, 2024 /PRNewswire/ -- Netease Cloud Music's (NCM) Galaxy Album Writing Camp, a premier songwriting initiative, established to support domestic music artists, has expanded to embrace international music artists and songwriters aiming to enhance cross-market collaborations and cultural exchange. Into its 10th season, the Galaxy Album Writing Camp brought together talented songwriters and producers from around the world for intensive writing sessions held at the China Musical Techno Base in Xiaoshan, Hangzhou from Dec 2, 2024.

prnewswire.com

NetEase (NTES) Crossed Above the 200-Day Moving Average: What That Means for Investors

From a technical perspective, NetEase (NTES) is looking like an interesting pick, as it just reached a key level of support. NTES recently overtook the 200-day moving average, and this suggests a long-term bullish trend.

zacks.com

NetEase: Solid Gaming Leadership With Clear Growth Runway And Attractive Valuation

NetEase's strong game development, operational excellence, and growth opportunities make it a compelling investment despite recent revenue fluctuations. Successful Blizzard partnership revival and strong performance in self-developed games highlight NetEase's resilience and growth potential. NetEase's technical expertise, community-building, and AI integration in games showcase its market position and operational excellence.

seekingalpha.com

NetEase, Inc. (NTES) Q3 2024 Earnings Call Transcript

NetEase, Inc. (NASDAQ:NTES ) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Brandi Piacente - Investor Relations William Ding - Founder, Director and Chief Executive Officer Bill Pang - Vice President of Corporate Development Conference Call Participants Lincoln Kong - Goldman Sachs Xueqing Zhang - CICC Ritchie Sun - HSBC Felix Liu - UBS Alicia Yap - Citigroup Operator Good day, and welcome to the NetEase 2024 Third Quarter Earnings Conference Call. Today's conference is being recorded.

seekingalpha.com

Youdao Reports Third Quarter 2024 Unaudited Financial Results

HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total net revenues were RMB1.6 billion (US$224.1 million), representing a 2.2% increase from the same period in 2023.

prnewswire.com

Youdao, Inc. to Hold Annual General Meeting on December 12, 2024

BEIJING , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at its offices at Building No.7, West Zone, Zhongguancun Software Park (Phase II), No.10 Xibeiwang East Road, Haidian District, Beijing, People's Republic of China on December 12, 2024 at 3:00 p.m. – 5:00 p.m.

prnewswire.com

NetEase Announces Third Quarter 2024 Unaudited Financial Results

HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 202 4  Financial Highlights Net revenues were RMB26.2 billion (US$3.7 billion), a decrease of 3.9% compared with the same quarter of 2023.

prnewswire.com

NetEase: Robust IP, Strong R&D, And An Attractive Price

NetEase has a strong history of developing successful games and maintaining profitability, with a focus on mobile-first gaming and robust intellectual property. The company demonstrates impressive net profit growth and competitive advantage through significant R&D investment and high insider ownership. Despite regulatory challenges in China, NetEase remains undervalued compared to competitors, with a forward PE of 11.56.

seekingalpha.com

Youdao to Report Third Quarter 2024 Financial Results on November 14

HANGZHOU, China , Oct. 31, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its third quarter 2024 financial results on Thursday, November 14, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 5:00 a.m.

prnewswire.com

NetEase to Report Third Quarter 2024 Financial Results on November 14

HANGZHOU, China , Oct. 31, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2024 third quarter on Thursday, November 14, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 7:00 a.m.

prnewswire.com

NetEase Cloud Music Acquires Exclusive 30-Day Premiere for Kakao Entertainment's Latest K-POP Hits in China

HANGZHOU, China , Oct. 23, 2024 /PRNewswire/ -- NetEase Cloud Music, a leading online music platform in China, has joined forces with Kakao Entertainment, a prominent South Korean entertainment company, to premiere new K-POP songs in China. Starting October 24, 2024, NetEase Cloud Music will exclusively feature Kakao Entertainment's latest music releases for the first 30 days concurrent with their global launch.

prnewswire.com

Delek Logistics Partners, Futu Holdings, NetEase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.

benzinga.com

Chinese Tech Stocks Slump as Nasdaq's Golden Dragon Index Dips

On Tuesday, major Chinese stocks experienced significant declines, leading to a 6.85% drop in the Nasdaq Golden Dragon China Index (HXC). Among those showing gains, Taiwan Semiconductor Manufacturing (TSM) rose by 0.86%, WSP Global (WSP) increased by 1.08%, and RLX Technology (RLX) edged up by 0.53%.

gurufocus.com

NetEase (NTES) Stock Dips Amid Game Launch Issues in China

NetEase (NTES, Financial) shares experienced a significant decline in pre-market trading, dropping over 8.8% to $90.7. On the Hong Kong Stock Exchange, its shares closed with a decline of over 10.8%, settling at 141 HKD.

gurufocus.com

Mixed Performance for Chinese Stocks with HXC Index Down 2.37%

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%.

gurufocus.com

NetEase Youdao (DAO) Surges Over 30% Following Positive Financial Data

On October 3, NetEase Youdao (DAO, Financial) experienced a significant increase of 30.79%, reaching $5.65 per share with a trading volume of $3.47 million.

gurufocus.com

NetEase Inc (NTES) Trading 4.88% Higher on Oct 2

Shares of NetEase Inc (NTES, Financial) surged 4.88% in mid-day trading on Oct 2. The stock reached an intraday high of $103.78, before settling at $101.36, up from its previous close of $96.64.

gurufocus.com

NetEase releases gaming limits for children for upcoming holidays

NetEase Games on Monday released specific dates and time slots during which Chinese children will be permitted to play its video games during the upcoming Mid-Autumn Festival and National Day holidays.

reuters.com

Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

These eight large-cap stocks were the worst performers in the last week. Are they in your portfolio?

benzinga.com

NetEase: The Post-Q2 Sell-Off Is A Buying Opportunity

NetEase's Q2 showed top-line growth (+6.1% revenue, +11.6% gross profit) but a 17% drop in net income, leading to a 12% stock decline since my last analysis. AI-driven innovations and global expansion enhance NetEase's long-term potential; the gaming portfolio and dividend yield of 3.15% are key bullish factors. Despite competition and regulatory risks, FY25 could drive 25% price growth due to valuation recovery.

seekingalpha.com

NetEase Stock Drops on Weaker-Than-Expected Profits

NetEase (NTES) American depository receipts (ADRs) tumbled as the company's second-quarter profit failed to meet expectations despite growing video game revenue.

investopedia.com

NetEase, Inc. (NTES) Q2 2024 Earnings Call Transcript

NetEase, Inc. (NASDAQ:NTES ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Brandi Piacente - President, Piacente Financial Communications William Ding - Founder, Director & CEO Bill Pang - VP, Corporate Development Conference Call Participants Alicia Yap - Citigroup Jialong Shi - Nomura Ritchie Sun - HSBC Yang Bai - CICC Lei Zhang - Bank of America Securities Lincoln Kong - Goldman Sachs Felix Liu - UBS Thomas Chong - Jefferies Alex Poon - Morgan Stanley Daniel Chen - JPMorgan Operator Good day, and welcome to the NetEase 2024 Second Quarter Earnings Conference Call. Today's conference is being recorded.

seekingalpha.com

NetEase Announces Second Quarter 2024 Unaudited Financial Results

HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 202 4  Financial Highlights Net revenues were RMB25.5 billion (US$3.5 billion), an increase of 6.1% compared with the same quarter of 2023.

prnewswire.com

Cloud Music Inc. Reports First Half 2024 Financial Results

HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the first half of 2024 ended June 30, 2024. Summary of Key Financial Metrics  (RMB in thousands, unless otherwise stated) Six months ended 30 June 2024 2023 (Unaudited) (Unaudited) Revenue 4,070,493 3,908,380 Gross profit 1,425,731 965,147 Profit before income tax 813,578 311,961 Profit for the period 809,949 293,750 Non-IFRS measure: Adjusted net profit (1) 880,749 331,893 First Half 2024 K ey Financial Highlights Revenue was RMB4.1 billion, an increase of 4.1% compared with RMB3.9 billion for the same period of 2023.

prnewswire.com

Youdao Reports Second Quarter 2024 Unaudited Financial Results

HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$181.9 million), representing a 9.5% increase from the same period in 2023.

prnewswire.com

NetEase Q2 Earnings Preview: Great Games On The Horizon, Great Financial Position

NetEase, Inc. reports Q2 earnings pre-market on August 16th. Analysts expect $3.65B in revenue, $1.67 non-GAAP EPS, and $1.52 GAAP EPS. Expect updates on mobile games like Eggy Party and Naraka: Bladepoint Mobile, as well as margin improvements and financial strength.

seekingalpha.com

Cloud Music Inc. to Report First Half 2024 Financial Results on August 22, 2024

HANGZHOU, China , Aug. 5, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced that it will report its financial results for the first half of 2024 ended June 30, 2024 on Thursday, August 22, 2024, after the Hong Kong market closes. The Company's management will host an earnings conference call at 7:00 p.m.

prnewswire.com

Youdao to Report Second Quarter 2024 Financial Results on August 22

HANGZHOU, China , Aug. 5, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its second quarter 2024 financial results on Thursday, August 22, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 6:00 a.m.

prnewswire.com

NetEase to Report Second Quarter 2024 Financial Results on August 22

HANGZHOU, China , Aug. 5, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2024 second quarter on Thursday, August 22, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 8:00 a.m.

prnewswire.com

The Single Best Stock to Buy Under $100

247wallst.com

NetEase Cloud Music Partners with Timbaland's Beatclub™ to Revolutionise China's Beat Marketplace

HANGZHOU, China , July 17, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a special partnership with Timbaland's Beatclub™ ("Beatclub") to unleash creativity and foster innovation across China's growing music scene. Under the collaboration, hundreds of signature, premium Beatclub beats will be introduced to NetEase Cloud Music's Beatsoul, China's premier beat transaction platform, marking a significant milestone in China's music industry.

prnewswire.com

NetEase: Undervalued In The Near Term

NetEase's valuation contractions stem from lower growth expectations, but near-term alpha is possible if valuation multiple contractions are overextended. Regulatory pressures, economic conditions, and maturing game franchises impact revenue and EPS growth; strategic international expansion aims to offset these challenges. Despite short-term obstacles, the long-term strategy could yield higher-than-expected growth rates if well-executed; my 6-12 month price target suggests a 16.85% potential upside.

seekingalpha.com

The 3 Best Chinese Stocks to Buy in June 2024

The best Chinese stocks are in prime position for a rebound later this year. Ray Dalio, the billionaire behind the world's largest hedge fund, recently discussed the attractiveness of Chinese stocks amidst market uncertainty.

investorplace.com

NetEase, Inc. (NTES) Q1 2024 Earnings Call Transcript

NetEase, Inc. (NASDAQ:NTES ) Q1 2024 Earnings Conference Call May 23, 2024 7:00 AM ET Company Participants Brandi Piacente - President, Piacente Financial Communications Bill Pang - VP, Corporate Development Conference Call Participants Felix Liu - UBS Lei Zhang - Bank of America Securities Lincoln Kong - Goldman Sachs Ritchie Sun - HSBC Xueqing Zhang - CICC Thomas Chong - Jefferies Jialong Shi - Nomura Alex Poon - Morgan Stanley Daniel Chen - JPMorgan Operator Good day, and welcome to the NetEase 2024 First Quarter Earnings Conference Call. Today's conference is being recorded.

seekingalpha.com

Youdao Reports First Quarter 2024 Unaudited Financial Results

HANGZHOU, China , May 23, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total net revenues were RMB1.4 billion (US$192.8 million), representing a 19.7% increase from the same period in 2023.

prnewswire.com

NetEase Announces First Quarter 2024 Unaudited Financial Results

HANGZHOU, China , May 23, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the first quarter ended March 31, 2024. First  Quarter 202 4  Financial Highlights Net revenues were RMB26.9 billion (US$3.7 billion), an increase of 7.2% compared with the first quarter of 2023.

prnewswire.com

NetEase Showcases Latest Game Advancements at 2024 Annual Product Launch Event

HANGZHOU, China , May 20, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced an exciting product lineup, content reveals and plans for over 40 game franchises and products at its annual product launch event on May 20. The 120-minute online event showcased an array of NetEase's vibrant and diversified gaming offerings across genres and platforms.

prnewswire.com

Cloud Music Inc. Expands K-Pop Portfolio with Kakao Entertainment

HANGZHOU, China , May 13, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with Kakao Entertainment Corp. ("Kakao Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute Kakao Entertainment's music catalog in China. Under the terms of the Agreement, the two companies will engage in diverse approaches to unlock more opportunities for Kakao Entertainment's vast and influential catalog as well as its prominent artists to effectively build influence among younger generation users in China.

prnewswire.com

Youdao to Report First Quarter 2024 Financial Results on May 23

HANGZHOU, China , May 6, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its first quarter 2024 financial results on Thursday, May 23, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 6:00 a.m.

prnewswire.com

Cloud Music Inc. Adds Expansive K-Pop Portfolio with JYP Entertainment Agreement

HANGZHOU, China , April 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with JYP ENTERTAINMENT Corp. ("JYP Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute JYP Entertainment's music catalog in China. Under the terms of the Agreement, the two companies will leverage their musical prowess to jointly promote the presence of fan-favorite K-Pop artists from JYP Entertainment's catalog and bring more high-quality music to Chinese music lovers.

prnewswire.com

Youdao Filed 2023 Annual Report on Form 20-F

HANGZHOU, China , April 25, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that the Company had filed its annual report on Form 20-F for the full year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The annual report is available on the Company's investor relations website at ir.youdao.com and on the SEC's website at www.sec.gov.

prnewswire.com

Microsoft Could Get Boost From NetEase Deal Returning 'StarCraft' and Other Games to China

Microsoft (MSFT) and NetEase (NTES) announced a renewed publishing deal that would bring "World of Warcraft" and other popular video games back to China.

investopedia.com

Microsoft and NetEase to re-launch Warcraft game in China, ending feud

Chinese video games giant NetEase said it is working with Microsoft to bring popular games including "World of Warcraft" back to the country after a public fallout that ended a decade-long partnership in 2023.

reuters.com

Blizzard Entertainment and NetEase Renew Agreement to Bring Beloved Titles Back to China; Microsoft Gaming, NetEase Enter Broader Collaboration

IRVINE, Calif. & REDMOND, Wash. & HANGZHOU, China--(BUSINESS WIRE)--Beloved video game titles from Blizzard Entertainment that captivated millions of players in China will return to the market sequentially, beginning this summer, under a renewed publishing deal Blizzard Entertainment, Microsoft Gaming, and NetEase (NASDAQ: NTES and HKEX: 9999) announced today. After continuing discussions over the past year, both Blizzard Entertainment and NetEase are thrilled to align on a path forward to once.

businesswire.com

The 3 Best Chinese Stocks to Buy in April 2024

As the Chinese economy continues to rebound, investors are searching for the best Chinese stocks to buy in April. Despite recent geopolitical tensions, China remains a powerhouse of economic activity.

investorplace.com

Dividend Watch: 3 Companies Boosting Payouts

Growing dividend payouts reflect a company's successful nature, opting to share a growing portion of profits with shareholders.

zacks.com

NetEase, Inc. (NTES) Q4 2023 Earnings Call Transcript

NetEase, Inc. (NTES) Q4 2023 Earnings Call Transcript

seekingalpha.com

Cloud Music Inc. Reports Fiscal Year 2023 Financial Results

HANGZHOU, China , Feb. 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2023 ended December 31, 2023. Summary of Key Financial and Operating Metrics  (RMB in thousands, unless otherwise stated) Year ended 31 December 2023 2022       (Unaudited) (Unaudited) Financial Metrics Revenue 7,866,992 8,992,221 Gross profit 2,102,670 1,293,118 Profit/(Loss) before income tax 767,679 (204,479) Profit/(Loss) for the year 734,182 (221,494) Non-IFRS measure: Adjusted net profit/(loss) (1) 818,500 (114,573) Operating Metrics Online music services -MAUs (million) 205.9 189.4 -Monthly paying users (thousand) 44,120.0 38,267.1 -Monthly ARPPU (RMB) 6.9 6.6 Social entertainment services -Monthly paying users (thousand) 1,602.9 1,332.3 -Monthly ARPPU (RMB) 178.6 326.0 Fiscal Year 2023  Key Financial and Operating Highlights Revenue was RMB7.9 billion, a decrease of 12.5% compared with RMB9.0 billion in 2022.

prnewswire.com

Youdao Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

HANGZHOU, China , Feb. 29, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total net revenues were RMB1.5 billion (US$208.5 million), representing a 1.8% increase from the same period in 2022.

prnewswire.com

NetEase (NTES) to Report Q4 Earnings: What's in the Offing?

NetEase's (NTES) Q4 results are expected to benefit from the new additions to its gaming portfolio, which have driven user growth.

zacks.com

NetEase Earnings: Mobile Games Are Here To Stay And Will Dominate

NetEase is expected to report decent full-year results, with improved operational efficiency and successful game releases. The company has a strong financial position with a large cash reserve and minimal debt. Revenues have been mixed, but margin expansions and improved ROA and ROE indicate positive performance.

seekingalpha.com

Hoping For Better Luck, HK Stocks Enter The Year Of The Dragon

Since its launch in 1969, the Hang Seng has always risen in the dragon years, with gains averaging around 14%. But any rally this time could be hampered by uncertainties over the U.S. presidential election and interest rate policy.

seekingalpha.com

Cloud Music Inc. to Report Fiscal Year 2023 Financial Results on February 29, 2024

HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that it will report its financial results for the fiscal year of 2023 ended December 31, 2023 on Thursday, February 29, 2024, after the Hong Kong market closes. The Company's management will host an earnings conference call at 7:00 p.m.

prnewswire.com

Youdao to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 29

HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its fourth quarter and fiscal year 2023 financial results on Thursday, February 29, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 5:00 a.m.

prnewswire.com

3 Video Game Stocks to Play as the Metaverse Takes Off

2023 was rough for the video gaming industry; the sector slowed from industry-wide layoffs to stagnant consumer demand. However, the start of 2024 brings a new dawn for gamers as exciting gaming events, like the New York Game Awards and the “oh so cool” CES 2024, spice up gamers' appetite for upcoming title announcements and cool tech.

investorplace.com

These Oversold Chinese Stocks Are Primed to Rebound

It's been a tough couple of months for leading Chinese stocks. Worries about a slowdown in the world's second-largest economy, particularly in the slumping real estate sector, have hurt China's stock market.

investorplace.com

3 top rated Chinese stocks in prime value territory

As China's economy continues to face headwinds entering the new year, recent data has unveiled a harsh stock market sell-off, impacting U.S.-listed Chinese stocks such as Alibaba NYSE: BABA, Baidu NASDAQ: BIDU, and NetEase NASDAQ: NTES.

marketbeat.com

China quietly pulls draft gaming rules from website

Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans. The link to the draft rules was no longer accessible as of this morning, as first reported by Reuters.

techcrunch.com

China regulator removes draft video game rules from website; shares jump

China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a move that boosted gaming company shares.

reuters.com

NetEase: A Worthy Buy Despite Regulatory Risks

NetEase Inc is recommended as a buy with estimated per share values of $86.39, $98.15, and $104.17 in different scenarios. The recent drop in NetEase's share price due to new gaming regulations may be an overreaction from the market. The company's gaming division has historically shown decent revenue growth rates and operates with similar cost structures as peer companies.

seekingalpha.com

3 Communication Services Stocks to Buy as the Sector Keeps Growing

Meta Platforms (META), Telefonica Brasil (SAM) and NetEase (NTES) are three communication services stocks that you can look into as the sector continues to grow on expectations of a Fed rate cut.

zacks.com

Best Income Stocks to Buy for January 15th

PAX, DBSDY and NTES made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 15, 2024.

zacks.com

New Strong Buy Stocks for January 15th

CBT, BROS, WRK, ROCK and CBOE have been added to the Zacks Rank #1 (Strong Buy) List on January 15, 2024.

zacks.com

10 Top Strong Buy Stocks That Can Soar 20% or More From Here

As the stock market enters a new year, some investors are still nervous. For many sectors, 2023 brought significant turbulence as companies battled shifting macroeconomic tides and rising uncertainty that hasn't completely subsided yet.

investorplace.com

Contrarian Outlook: The Bull Case for Top Ranked Chinese Tech Stocks

Although many investors have been burned trying to buy Chinese Technology stocks over the better part of the last three years, current valuations along with other bullish catalysts make them more compelling than ever. The long China tech thesis is further bolstered by the fact that so many investors have been hurt trying to buy these stocks for so long, that the narrative now suggests many investors are holding large short positions.

zacks.com

2 Stocks to Tap Improving Prospects in the Software & Services Industry

The Internet-Software & Services industry is in recovery mode even as an economic slowdown looms large. NTES and OKTA are a couple that still look good.

zacks.com

Virtual Reality Ventures: 3 Stocks Pioneering Immersive Technology

Virtual reality ( VR ) had its peak in 2023 alongside artificial intelligence ( AI ). They are already part of the technology of this new era.

investorplace.com

Swinging With Bollinger Bands

While I typically focus on value investing, there is a swing trading strategy I like that uses a combination of GuruFocus' All-in-One Screener and Interactive Charts. This strategy involves a technical analysis tool called Bollinger Bands (or BB for short).

gurufocus.com

Tencent And NetEase Stocks Continue To Rebound As China Reportedly Ousts Official Who Proposed New Gaming Restrictions

The Chinese government has ousted a top official in charge of regulating the country's gaming industry, according to reports, in a likely effort to stem the damage from a stock market rout over proposed restrictions on online games in late December.

forbes.com

China's gaming stocks climb on report regulatory official removed

Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.

reuters.com

3 Tech Stocks Suited Nicely for Income Investors

Investors love tech stocks, as their growth potential is undoubtedly promising. And for those looking to blend tech exposure paired with quarterly payouts, these three stocks fit that criteria.

zacks.com

NetEase, Tencent shares rebound after China voices support for gaming industry

Recently beaten-down China online gaming stocks rebounded on Wednesday in Hong Kong on news of a more conciliatory tone on the sector by the country's top gaming regulator.

marketwatch.com

NetEase: I Am Buying The Sell-Off

On December 23rd, the Chinese government published a first draft of guidelines aimed at curbing excessive spending and time commitment in online gaming. Although I understand that the regulatory announcement will rekindle fears of a broader crackdown on gaming in China, I believe the intent of the government is less aggressive than feared. Looking beyond the new regulatory guidelines for gaming in China, whose long-dated impact on the sector remains uncertain, I argue that NetEase remains an attractive, structural growth story.

seekingalpha.com

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

marketwatch.com

Tencent, NetEase shares rebound after China regulator's assurance on new rules

Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country's top gaming regulator said it will “carefully study” the concerns of all stakeholders on draft rules aimed at curbing excessive online gaming and spending.

cnbc.com

Top 3 Tech And Telecom Stocks That Could Blast Off In December - NetEase (NASDAQ:NTES), Charge Enterprises (NASDAQ:CRGE)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

benzinga.com

3 Growth Stocks to Buy BEFORE the New Year's Eve Ball Drop

As we prepare to ring in 2024, there is optimism that growth stocks could continue to rebound to greater highs next year. Interest rate cuts expected by April may benefit high-growth companies that had difficulty accessing capital last year.

investorplace.com