NetEase - TechWire

NetEase

2025.05.16

09:22

Hong Kong stocks opened, the Hang Seng Index opened down 0.87%, and the Tech Index opened down 0.95%. Alibaba (09988.HK) fell 6.1% after the results. The company will distribute a dividend of US$4.6 billion and announced that Taobao's profits may be affected by investments such as instant retail. NetEase (09999.HK) rose 10.89%, and its net profit attributable to shareholders in the first quarter increased by 35% year-on-year.

05:05

Hillhouse Capital's HHLR increased its Chinese assets in the first quarter and newly increased its holdings of multiple Chinese concept stocks

HHLR Advisors, an independent fund management platform under Hillhouse Capital that focuses on secondary market investment, announced its U.S. stock holdings as of the end of the first quarter of 2025. The 13F document shows that the total market value of HHLR's holdings in the first quarter increased from US$2.887 billion at the end of the previous quarter to US$3.539 billion, an increase of nearly 23%. Data shows that in the first quarter, HHLR continued to increase its allocation of Chinese assets, and newly entered and increased its holdings of nearly 20 Chinese concept stocks, including 10 companies such as Atour Group, Huazhu Group, Baidu, Yuchai International, Ideal Auto, Boss Direct Recruitment, and Ecarx Technology, as well as 8 companies such as Futu Holdings, Pinduoduo, NetEase, Beike, JD.com, Ctrip, and ZTO Express. As of the end of the first quarter of 2025, HHLR's top ten holdings were: Pinduoduo, Alibaba, Futu Holdings, BeiGene, NetEase, Beike, Legend Biotech, JD.com, Vipshop, and WNS HLDGS LTD, with Chinese concept stocks accounting for 9 seats. HHLR reduced its holdings in companies such as Alibaba and BeiGene in the first quarter.

04:01

Nasdaq China Golden Dragon Index closed down 2.37%; NetEase rose more than 14% and approached a record high

2025.05.15

21:33

NetEase (NTES.O) shares rose as much as 10 percent, its biggest intraday gain since December.

21:31

The three major U.S. stock indexes opened lower, with Alibaba falling more than 5% after its results.

The three major U.S. stock indexes opened lower, with the Dow Jones Industrial Average down 0.5%, the S&P 500 down 0.3%, and the Nasdaq down 0.6%. Alibaba fell 5.8%, with Q4 revenue up 7% year-on-year, lower than expected. NetEase soared 8.5%, with net income up 7.4% year-on-year in the first quarter. Apple fell 0.5%, as Trump said he did not want Apple to build a factory in India. Walmart fell 2.7% after the results, with the CFO saying price increases may start this month.

16:56

NetEase (NTES.O) shares rose 3.9% in pre-market trading in the U.S. as its first-quarter earnings report exceeded expectations.

16:38

Youdao Q1 financial report: operating profit of 104 million exceeded market expectations, setting a record high in the first quarter

NetEase Youdao released its unaudited financial report for the first quarter of 2025. The report shows that in the first quarter of 2025, Youdao achieved net income of 1.3 billion yuan and operating profit of 104 million yuan, a record high in the first quarter, a year-on-year increase of 247.7%; net operating cash outflow narrowed by 34.7% year-on-year, and financial efficiency improved significantly. In the first quarter of 2025, Youdao continued to promote the in-depth application of AI technology in the field of learning services, and promoted the intelligent upgrade of products based on the "Zi Yue" big model. Learning services generated net revenue of RMB 602 million in the first quarter. In addition, Youdao's AI subscription service also achieved strong growth, with sales of nearly 70 million yuan in the first quarter, an increase of more than 40% year-on-year.

16:37

NetEase (09999.HK) achieved a net profit of RMB 10.301 billion in Q1 2025, compared with RMB 7.634 billion in the same period last year.

16:35

NetEase (09999.HK) had revenue of RMB 28.8 billion in the first quarter of 2025, compared with RMB 26.852 billion in the same period last year.

16:32

NetEase: First quarter revenue was 28.8 billion yuan, compared with 26.9 billion yuan in the same period last year, and the market expected 28.5 billion yuan

NetEase released its first quarter financial report for 2025, with revenue of 28.8 billion yuan in the first quarter, compared with 26.9 billion yuan in the same period last year, and the market expected 28.5 billion yuan.

16:11

Hong Kong stocks closed: Hang Seng Index fell 0.79%, Hang Seng Technology Index fell 1.56%

At the close of Hong Kong stocks, the Hang Seng Index fell 0.79% and the Hang Seng Technology Index fell 1.56%. The Hong Kong Stock Technology ETF (159751) closed down 0.88%, and the Hang Seng Hong Kong Stock Connect ETF (159318) closed down 0.39%. Beike-W fell more than 5%, and NetEase Cloud Music fell more than 4%; Weimob Group rose nearly 20% against the market trend.

15:36

NetEase Cloud Music sues Lehua over copyright dispute

Tianyancha App shows that Beijing Lehua Yuanyu Culture Communication Co., Ltd. recently issued a new court hearing announcement. The plaintiff is Hangzhou NetEase Cloud Music Technology Co., Ltd. The case is a copyright licensing contract dispute. The case will be heard in the Hangzhou Xiaoshan District People's Court on May 21.

2025.05.14

10:33

Hong Kong-listed film, television and entertainment stocks strengthened, with Lehua Entertainment (02306.HK) rising more than 20%, NetEase Cloud Music (09899.HK) rising 9.6%, and Zhisu Technology Group (01159.HK) rising 7.5%.

2025.05.07

12:20

33 Chinese companies were shortlisted in the top 100 global mobile game publishers in terms of revenue in April, and "Honor of Kings" returned to the top of the list

On May 7, SensorTower's WeChat official account released the global revenue rankings of Chinese mobile game publishers in April 2025. Data shows that in April, a total of 33 Chinese manufacturers were shortlisted in the TOP100 global mobile game publisher revenue list, with a total revenue of US$2 billion, accounting for 38.4% of the revenue of the global TOP100 mobile game publishers in this period. Among them, Tencent, Diandian Interactive, NetEase, Mihoyo and Lemon Micro Fun occupied the top 5 of the Chinese mobile game publisher revenue list. Specifically, "Honor of Kings" increased its global revenue by 71% in April, returning to the top of the global mobile game revenue list, driving Tencent's mobile game revenue to increase by 10%. Since its launch in late February, Diandian Interactive's mobile game "Kingshot" has continued to grow rapidly in revenue, up 209% in April, becoming a new growth point after the hit mobile game "Whiteout Survival", driving the publisher's revenue this period by 5%.

09:49

Hong Kong-listed film, television and entertainment stocks fluctuated and strengthened. Tencent Music (01698.HK) rose nearly 5%, NetEase Cloud Music (09899.HK) rose more than 2%, IMAX China (01970.HK) rose 1.5%, and China Confucianism (00136.HK) and others followed suit.

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