Express News | Netease Blizzard responded to the collapse of World of Warcraft.
Express News | Netease showcased over 40 games at ChinaJoy, including early access to the official server of World of Warcraft which attracted long queues for trial playing.
"Hong Kong stock" Hang Seng Index rose 16 points, household appliances and heavy equipment stocks rose sharply, and East Buy selection fell 23%.
The US economy grew more than expected last quarter. The Dow rose 81 points or 0.2% on the evening of the 25th, and the Hong Kong stock market rebounded with the external trend. The Hang Seng Index opened high by 74 points, rose 224 points in the early stage to 17,229 points, and then fell back. It once fell 80 points to 16,924 points, rose 16 points or 0.1% in the whole day, and closed at 17,021 points. The HSI Tech Index rose 22 points or 0.7%, and closed at 3,443 points. The total turnover of the market for the whole day was 104.67 billion yuan, and the net inflow of southbound transactions of Shanghai, Shenzhen and Hong Kong stock connect was 5.791 billion and 4 billion yuan respectively.
Maintain a "buy" rating for Netease-S (09999) with a target price of HKD 129, according to Furi.
Currently, "NARAKA: BLADEPOINT" ranks third on the iOS game total revenue chart.
Hang Seng Index rose 28 points in half a day, with electronic related stocks being popular. Eastbuy fell 21%.
The US economy grew better than expected in Q1. The Dow rose more than 500 points the night before (25th) and closed up 81 points or 0.2%. Hong Kong stocks rebounded with the external market in the morning, and the Hang Seng Index opened high with 74 points, rose 224 points in the initial stage, saw 17,229 points and then fell back. It had previously fallen as much as 80 points to 16,924 points and then rose 28 points or 0.17% in the morning and reported 17,033 points. The national index fell 4 points or 0.1%, reported 6,012. The Hang Seng Technology Index rose 22 points or 0.7%, reported 3,443. The total turnover of the market in half a day was 60.193 billion yuan. The net inflow of Shanghai, Shenzhen and Hong Kong Stock Connect transactions was 2.42 billion and 14.88 billion respectively.
Credit Suisse: If Netease's game Eternal Return continues to rank first three on the iOS game bestseller list, the first-month revenue may be higher than expected.
Furui issued a research report indicating that NetEase's newly released gaming "NARAKA: BLADEPOINT" is currently ranked third on the overall iOS gaming revenue list, with 40 million pre-registrations, and is expected to become a large-scale DAU game that emphasizes game balance and innovation. Furui believes that if the game can continue to occupy the top three of the best-selling game charts, NetEase's first-month revenue is expected to exceed the predicted 1 billion yuan. The bank maintains a "buy" rating with a target price of 129 yuan.