---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42277387.md"
description: "$NetEase(NTES.US) rose by seven or eight points, with the catalyst being the completion of its dual primary listing on the Hong Kong Stock Exchange on 6/30. Secondary listings of Chinese concept stocks typically see a mild reaction, but $NetEase(NTES.US) directly surged this time. The market clearly views "inclusion in the Stock Connect + decoupling from compliance risks" as a substantive positive. However, Alibaba and JD.com did the same thing without such a strong move. Is this truly a window for valuation reassessment, or just a one-day event-driven rally? If chasing now, should we wait for a pullback and the ADR price gap to narrow? 🤔"
datetime: "2026-06-29T09:59:18.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42277387.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42277387.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42277387.md)
author: "[袋鼠](https://longbridge.com/en/profiles/27248405.md)"
---

# $NetEase(NTES.US) rose by seven or eight points, w…


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