Morgan Stanley Sticks to Its Buy Rating for Netease Inc (9999)

Morgan Stanley and Bernstein both maintain Buy ratings for Netease Inc, with price targets of HK$265.20 and HK$240.00 respectively.

GuoSen Remains a Buy on Netease Inc (9999)

GuoSen analyst maintained a Buy rating on Netease Inc yesterday and set a price target of HK$228.00.TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off Netease Inc has an analyst consensus of Strong Buy, with a price target consensus of HK$256.10.

The Hang Seng Index closed up 1.97%, the Hang Seng Tech Index rose 2.78%, with technology stocks leading the gains

Technology stocks led the gains, with KUAISHOU-W rising about 7%, NetEase rising about 6%, and Alibaba rising about 5%. Semiconductor stocks and lithium battery stocks fell, with Hua Hong Semiconductor down about 5% and Ganfeng Lithium down about 6%

The Hang Seng Tech Index rose by 3%, and the Hang Seng Index increased by 2.1%. WERIDE-W rose by about 12%, KUAISHOU-W rose by about 8%, NetEase rose by about 6%, and Alibaba rose by about 5%

The Hang Seng Index opened up 0.92%, and the Hang Seng Tech Index rose 1.13%

Nio rose over 4%, NetEase rose over 3%, and Baidu and Tencent Music rose over 2%. Risk warning and disclaimer: The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at one's own risk