Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, vs. ~$1.2B est., driven by its self-developed games
Higher operating expenses and investment losses also weighed on the game maker's bottom line — Chinese videogame giant NetEase …
Chinese game giant NetEase reports Q4 net profit up 33% YoY to ~$1.2B, above ~$1.05B est., and revenue down 1.4%, a sign its gaming business is turning around
Sherry Qin / Wall Street Journal :
Chinese game giant NetEase reports Q4 net profit up 33% YoY to ~$1.2B, above ~$1.05B est., and revenue down 1.4%, a sign its gaming business is turning around
The company's revenue fell 1.4% but was slightly better than analysts' expectations — Chinese videogame giant NetEase returned …
NetEase's stock has rallied 85% since an October 2022 low, edging out rivals Tencent and Bilibili on the Hang Seng Tech Index after a slew of recent game hits
Jeanny Yu / Bloomberg :
Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, raises ~$422M in a Hong Kong IPO, pricing shares at HK$205, or ~$26.30
Bloomberg :
Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, raises ~$422M in a Hong Kong IPO, pricing shares at HK$205, or ~$26.30, each
- Cloud Village prices shares at midpoint of HK$205 after delay — Chinese tech firms listing in Hong Kong face new data rules
Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, is postponing the launch of its $1B Hong Kong IPO
- Cloud Village tested investor demand for the IPO last week — Tech shares have been hit by Chinese regulatory clampdown
Chinese gaming company NetEase's music streaming arm files for an IPO in Hong Kong, that source says could raise ~$1B; filing shows it had 180M+ MAUs in 2020
Bloomberg :
Chinese e-commerce giant JD.com rises ~6% in its debut in Hong Kong after raising $3.9B
- JD's listing followed NetEase's coming-out party a week ago — Alibaba, JD and NetEase bode well for future Chinese debuts — JD.com Inc. soared about 6% in its Thursday debut in Hong Kong …
Chinese gaming company NetEase raises $2.7B in its Hong Kong listing; shares rise as much as 9.7% in debut trading
Sherisse Pham / CNN :