A big move in the gaming industry. Tencent and NetEase officially announce new games! 96 games approved in May
On May 20, the State Press and Publication Administration released approval information for domestic online games in May 2024. A total of 96 games have been approved. Since this year, the State Press and Publication Administration has distributed a total of 524 domestic game editions and 46 imported game editions.
NetEase Q1 2024 Earnings Preview
A quick look at the Hong Kong market | The trends of the three major indices diverged. Auto stocks and photovoltaic solar energy stocks strengthened. After that, Xiaopeng Motor rose more than 13%, and Xinte Energy rose more than 17%
The trend of TechNet shares was divided. Kuaishou rose more than 2% and NetEase fell more than 3%; gold stocks continued to recover, and China Gold International and Lingbao Gold fell more than 4%.
Changes in Hong Kong stocks 丨 NetEase fell nearly 4% to announce results tomorrow
Glonghui May 22 | NetEase (9999.HK) fell nearly 4% to HK$152.3, the second day in a row. NetEase will announce the US stock pre-market results on May 23. The agency expects NetEase to achieve revenue of 26.786 billion yuan in the first quarter of 2024, an increase of 6.95% year on year; earnings per share of 12.13 yuan, an increase of 17.0% year on year.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and auto stocks strengthened. Zhuguang Holdings rose more than 26%, and Xiaopeng Motor rose more than 13%
The trend of TechNet shares was divided. Bilibili rose more than 2%, NetEase fell nearly 3%; beer stocks declined, China Resources Beer fell more than 3%, and Tsingtao Brewery shares fell nearly 2%.
Intraday Overview | Hong Kong stocks fluctuated higher. After that, Xiaopeng Motors rose more than 12%, leading auto stocks, and Lenovo Group rose more than 11%
The Hang Seng Index rose 0.43%, the Science Index rose 0.72%, and the National Index rose 0.55%; Technet shares generally rose, NIO rose 5%, and Oriental Select rose nearly 4%; Hong Kong Airlines stocks rallied; China Southern Airlines shares rose more than 5%, and China Eastern Airlines shares rose more than 4%.
CICC: Maintaining NetEase's (09999) “Outperform the Industry” rating, target price of HK$206
CICC suggests continuing to monitor the operating status of NetEase's existing products and the progress of new product testing and launch.
Express News | Galaxy Securities: The supply side is stabilizing, and the game industry as a whole ushered in an upward cycle
NetEase fell 5.04% in the intraday period and is now at $99.450, with a current market capitalization of US$64.095 billion.
NetEase fell 5.04% in the intraday period and is now at $99.450, with a current market capitalization of US$64.095 billion.
The “milestone moment” of AI regulation has arrived! EU officially approves AI regulations
On Tuesday, the European Union officially approved a critical AI regulation reached in December last year. This “landmark” AI regulation standard and regulation for global AI regulation will come into effect next month.
US Stock Outlook | The multi-military momentum of US stocks is like a rainbow! Damo gave up being bearish, and Deutsche Bank raised its target price
Wall Street's last famous short! Komo strategists insist on a pessimistic outlook on US stocks; ABN AMRO: The US dollar is stable in the short term, but it may follow a rise in yield; the options market shows that Nvidia's earnings report may cause market capitalization fluctuations of 200 billion US dollars.
NetEase S (9999.HK): A variety of blockbuster new games unveiled at the 520 press conference, optimistic about the development of the game business in 24 years
Core idea On the evening of May 20, 2024, NetEase held an annual game conference. At this conference, NetEase announced product updates for more than 40 games, including expectations for new games and updates for old games. Among them are
Overview of the Hong Kong market | The three major indices pulled back, and the technical index fell nearly 4%; automobile stocks and non-ferrous metals stocks generally fell, Ideal Auto fell by more than 19%, and Zijin Mining fell nearly 5%
Technology network stocks declined one after another. Bilibili fell more than 6%, Baidu fell more than 4%; biotech stocks fell, and Pharmaceutical Biotech and Pharmacom Joint Stock fell by more than 6%.
Killing insane! Ali: 97% price reduction; Baidu: No money!
Recently, the big model price war is in full swing, and two more heavyweight players have been welcomed.
Express News | Ministry of Foreign Affairs: Willing to strengthen exchanges and cooperation with the US in the field of artificial intelligence
NetEase's First-Quarter Net Profit Likely Rose 19%
By Sherry Qin NetEase is scheduled to report first-quarter results on Thursday. Here's what you need to know: NET PROFIT FORECAST: The Chinese gaming giant is expected to post a 19% rise in its first-
NetEase Gaming 520 press conference showcases more than 40 products
On May 21 | May 20, at the NetEase Games 520 press conference, more than 10 new games, more than 30 popular games/IPs and platform products were released one after another. Among them, “The Sixteen Voices of Yan Yun” announced that the “Zhong Lu Test” will begin on May 31, and an official public beta on July 26 this summer. This year marks the 10th anniversary of 520 Gaming Love Day. NetEase Games also stated that in the next ten years, it will continue to listen carefully to players' opinions, continue to optimize the game experience, and increase players' benefits.
PwC survey: Industries that “embrace AI” are showing a surge in productivity
① According to a report released by PwC on Tuesday (May 21), productivity in some AI-intensive industries is growing faster than others; ② These industries include financial services, information technology, etc., and productivity has increased 4.3% in the four years up to 2022; ③ PwC executives pointed out that more job advertisements emphasized the importance of artificial intelligence skills.
Omdia: Global gaming revenue is expected to resume growth starting next year, and the market size will reach US$304 billion in 2028
Omdia expects global game revenue to resume growth from 2025, thanks to the revival of a series of blockbusters (including “GTA VI”), Nintendo's start of a new console cycle, and continued strong growth in in-game advertising.
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell by more than 3%; Technet stocks and auto stocks generally fell, Bilibili fell nearly 6%, and Ideal Auto fell by more than 19%
Biotech stocks declined in many shares; Kingsley Biotech and Pharmaceutical Biotech fell more than 5%; non-ferrous metals stocks pulled back, Shandong gold fell more than 7%, and Luoyang Molybdenum Industry fell more than 6%.
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