Weekly Recap | NETEASE MUSIC -3.07%, testing its 60-day low
Weekly Review·
- NetEase Cloud Music fell 3.07% over the week to close at 86.85 HKD, underperforming the Hang Seng Index by 0.68 percentage points and hitting a 60-day low of 84.75 HKD.
- Sixteen financial institutions maintained a consensus "buy" rating with a target price of 151.93 HKD, representing a potential upside of approximately 74.9%.
- Market participants will monitor Hong Kong's upcoming unemployment rate data on September 17 and observe whether the stock price can stabilize near 84.75 HKD.