NetEase - Asia Tech Wire

NetEase

2025.01.27

10:46

Hong Kong-listed film, television and entertainment stocks fluctuated upward, with Tencent Music (01698.HK) rising more than 5%, NetEase Cloud Music (09899.HK) rising more than 3.5%, China Confucianism (00136.HK) rising nearly 2.5%, and Star Chinese Music (06698.HK) rising more than 1%.

2025.01.25

00:49

Nasdaq China Golden Dragon Index rose more than 3%; popular Chinese stocks rose across the board

The Nasdaq China Golden Dragon Index rose more than 3%, and popular Chinese stocks generally rose. iQiyi rose 15%, Kingsoft Cloud rose more than 13%, NIO, Xpeng Motors, NetEase, JD.com, and Miniso rose more than 3%, and Baidu, Alibaba, Li Auto, and Bilibili rose more than 2%.

2025.01.24

15:13

SM Entertainment unilaterally refuses to renew the contract. NetEase Cloud Music: We are striving for copyright renewal with the utmost sincerity

On January 24, NetEase Cloud Music released a letter to Korean SM fans, stating that due to the unilateral decision of the copyright holder and the notification to NetEase Cloud Music that it would not renew the contract, NetEase Cloud Music would probably have to remove all songs from Korean SM Entertainment on January 31. NetEase Cloud Music said that the platform has always cherished these excellent music works and is well aware of the irreplaceable value of SM copyright content to the majority of fans. It is still striving for the possibility of copyright renewal through multiple ways, multiple aspects and multiple channels with the utmost sincerity.

2025.01.20

09:58

The Hong Kong stock market's film, television and entertainment sectors strengthened, with Maoyan Entertainment (01896.HK) rising more than 5%, Tencent Music (TME.N) rising more than 4%, and NetEase Cloud Music (09899.HK), China Ruyi (00136.HK) and others following suit.

2025.01.16

09:22

When the Hong Kong stock market opened, the Hang Seng Index opened up 0.88%, and the Science and Technology Index opened up 1.37%. Technology and internet stocks and auto stocks strengthened. NetEase (09999.HK) rose 4.3% and Xpeng Motors (09868.HK) rose 2.2%.

09:22

Hong Kong stocks opened: Hang Seng Index opened 0.88% higher, Hang Seng Technology Index opened 1.37% higher

Hong Kong stocks opened, the Hang Seng Index opened 0.88% higher, the Hang Seng Technology Index opened 1.37% higher. NetEase rose more than 4%, and SMIC rose more than 2%.

2025.01.13

17:08

A total of 585 Hong Kong stocks were shorted today, with a total short selling amount of HK$18.653 billion

Data disclosed by the Hong Kong Stock Exchange showed that a total of 585 Hong Kong stocks were shorted on January 13, with a total short selling amount of HK$18.653 billion. Among them, there were 42 stocks with short selling amounts exceeding HK$100 million. Tencent Holdings, Meituan-W, and NetEase-S ranked in the top three with short selling amounts of HK$1.804 billion, HK$925 million, and HK$762 million, respectively. In terms of the short selling ratio, a total of 74 stocks had a short selling ratio of more than 30%. Wharf Holdings, Weigao Holdings, and MTR Corporation ranked in the top three with 65.23%, 65.02%, and 64.43%, respectively. In terms of the deviation of the short selling ratio, a total of 104 stocks had a short selling ratio deviation of more than 100%. Dashi Holdings, Ubox Online, and Winner Fashion ranked in the top three with 826.85%, 778.85%, and 524.45%, respectively.

2025.01.10

09:22

Hong Kong stocks opened, the Hang Seng Index opened up 0.45%, and the Tech Index opened up 0.54%. Technology stocks rose and fell, with Hansoh Pharmaceutical (03692.HK) rising more than 3%, NetEase (09999.HK) rising more than 1%, and AIA (01299.HK) falling more than 1%.

2025.01.09

12:01

Hong Kong Stocks Midday Review: Hang Seng Index rose 0.09% Hang Seng Technology Index rose 0.17%

At the close of Hong Kong stocks at noon, the Hang Seng Index rose 0.09% and the Hang Seng Technology Index rose 0.17%. SMIC rose more than 4%, Xiaomi Group and NetEase rose more than 2%; Xpeng Motors and Bilibili fell more than 3%.

10:11

Hong Kong tech stocks rebounded, SMIC rose more than 5%

Hong Kong-listed technology and internet stocks rebounded, with SMIC rising more than 5%, Lenovo Group, Xiaomi Group, and SenseTime rising more than 3%, and Tencent Holdings and NetEase rising more than 2%.

09:59

Most of the Hong Kong-listed ChatGPT concept stocks rose, with Lenovo Group (00992.HK), iDreamSky (01119.HK), Xiaomi Group (01810.HK), SenseTime (00020.HK), and NetEase (09999.HK) all rising by more than 3%.

09:22

Hong Kong stocks opened: Hang Seng Index opened 0.13% lower, Hang Seng Technology Index opened 0.06% lower

Hong Kong stocks opened, the Hang Seng Index opened 0.13% lower, and the Hang Seng Technology Index opened 0.06% lower. NetEase rose more than 4%, while Xpeng Motors and Tencent Holdings fell more than 1%.

09:22

Hong Kong stocks opened, the Hang Seng Index opened down 0.13%, and the Tech Index opened down 0.06%. Technology stocks rose and fell, with NetEase (09999.HK) up about 4% and Xpeng Motors (09868.HK) down about 2%.

2025.01.08

16:54

Morgan Stanley: Chinese technology and internet stocks may face internal and external uncertainties this year, Tencent is the first choice

Morgan Stanley published a report on the outlook for Chinese tech stocks this year, saying that the industry may face external (tariffs, sanctions) and internal (policies, competition) uncertainties this year, and the bank expects tech companies to expand artificial intelligence, overseas business expansion and focus on capital returns. The bank said that by market segment, the priority order is social/games (Tencent), second is online travel platforms (OTA), third is local services, fourth is games (excluding Tencent), fifth is social media/entertainment (excluding Tencent), sixth is vertical industries (verticals), seventh is e-commerce, and finally is live streaming. Morgan Stanley said that Tencent is still the bank's first choice, and its WeChat store, AI 2C applications and capital management should be enough to offset the difficult gaming business; the bank is also optimistic about Ctrip and Meituan's consumption recovery and overseas opportunities, and both are rated "overweight"; NetEase's rating has been upgraded to "overweight", and it is expected that its gaming business will bottom out.

16:09

At the close of Hong Kong stocks, the Hang Seng Index closed down 0.86% and the Tech Index closed down 1.09%. Most sectors in the market closed down, Apple concept stocks weakened throughout the day, Sunny Optical Technology (02382.HK) closed down about 8%. NIO (09866.HK) closed down about 7%, and NetEase (09999.HK) closed up about 3%.

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