NTES (09999.HK) Latest News & Headlines | Longbridge

Weekly Recap | NTES +0.82%, consensus target above spot
Weekly Review·Sep 19 at 05:27 AM
- NetEase rose 0.82 % this week to close at 183.6 HKD, outperforming the Hang Seng Index by approximately 1.49 percentage points amid moderate trading volume. - Twenty-three institutions currently cover the stock with a consensus rating of strong buy and a target price of 251.74 HKD, which is about 37.1 % higher than the current price. - Market participants should monitor the upcoming Hong Kong Consumer Price Index release and sector sentiment following recent divergences between tech stocks and the broader market.
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Weekly Recap | NTES -2.98%, consensus target above spot
Weekly Review·Sep 12 at 07:41 AM
- NetEase cumulative fell 2.98% this week to close at 182.1 HKD, slightly underperforming the Hang Seng Index by 0.59 percentage points amid low trading volume. - The company released no major corporate announcements this week, while 23 institutions maintained an aggregate consensus rating of strong buy with a target price of 251.48 HKD. - Future market performance will likely be influenced by upcoming Hong Kong macroeconomic data and whether the stock can maintain technical support near 180 HKD.
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Weekly Recap | NTES -1.72%, most brokers rate it buy
Weekly Review·Sep 5 at 05:57 AM
- NetEase shares fell 1.72% to close at 189.1 HKD this week, underperforming the Hang Seng Index by 2.05 percentage points amid compressed trading volume. - Corporate developments included NetEase Music hinting at a HarmonyOS native app, an executive reducing holdings, and the company maintaining a strong consensus rating of Buy from 18 out of 23 institutions. - The average institutional target price stands at 250.94 HKD, offering significant upside potential relative to the current price while sector performance depends on future capital inflows.
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Weekly Recap | NTES -1.39%, most brokers rate it buy
Weekly Review·Aug 29 at 05:08 AM
- NetEase shares fell 1.39 % to close at 192.2 HKD over the week, underperforming the Hang Seng Index. - Key corporate events included the release of Once Human on PS5 and XBOX alongside the granting of 224,739 ADS rewards. - Twenty-three institutions maintain a consensus strong buy rating with a target price of 250.87 HKD, representing a 30.52 % premium over the current price.
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Weekly Recap | NTES +4.02%, most brokers rate it buy
Weekly Review·Aug 22 at 04:26 AM
- NetEase accumulated a 4.02% gain over four trading days, closing at 202 HKD driven by a strong post-earnings rebound. - Second-quarter revenue rose 7.9% year-on-year to 30.1 billion RMB, while Non-GAAP net profit dropped 18.7% to 7.747 billion RMB due to investment losses. - A total of 23 institutions covered NetEase with a consensus strong buy rating and a target price of 249.79 HKD.
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