Hong Kong Stock Market News | NTES-S opens more than 4% higher, institutions believe that the potential re-collaboration with game developer Activision Blizzard is a positive development.

Zhitong
2024.01.02 01:30
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NTES-S opened more than 4% higher, with a gain of 4.2%, at HKD 146.5, with a turnover of HKD 50.62 million. There is news that NTES-S may collaborate again with game developer Activision Blizzard, which is positive for NTES-S. It is estimated that the collaboration will enhance NTES-S's profitability. Morgan Stanley maintains a positive outlook on NTES-S's performance, believing that its current valuation is attractive and investors can take advantage of the low price to accumulate.