NetEase - TechWire

NetEase

2025.06.16

13:32

Goldman Sachs is bullish again: Global funds return to China and are optimistic about China's "Top Ten" stocks

Recently, Goldman Sachs' chief China equity strategist, Jinjin Liu, released a research report titled "The Return of China's Private Enterprises: The Tide Has Turned". Jinjin Liu pointed out that driven by various macro, policy and micro factors, the medium-term investment prospects of China's private enterprises are improving. Goldman Sachs also imitated the "Big Seven" of the US stock market and listed China's "Big Ten", that is, the top ten Chinese private listed companies that Goldman Sachs is particularly optimistic about. They are: Tencent, Alibaba, Xiaomi, BYD, Meituan, NetEase, Midea, Hengrui Medicine, Ctrip and Anta. The total market value of the above ten companies is US$1.6 trillion, accounting for 42% of the weight of the MSCI China Index, and the daily trading volume is US$11 billion. Goldman Sachs analysts expect that the earnings of the "Big Ten" will increase by 13% (compound annual growth rate) in the next two years, with a price-to-earnings ratio of 16 times. The "Big Ten" will jointly embody the latest economic themes such as China's artificial intelligence/technology development, "going out", new consumption and improving shareholder returns. In addition, Jinjin Liu specifically pointed out that investing in private enterprises does not mean excluding state-owned enterprises - Goldman Sachs reiterated that it still prefers "high-quality" Chinese state-owned enterprises and shareholder return combinations.

2025.06.12

10:24

Hong Kong-listed film, television and entertainment stocks fluctuated upward, with NetEase Cloud Music (09899.HK) rising more than 6.5%, Tencent Music (01698.HK) rising more than 2.5%, and Alibaba Pictures (01060.HK) rising more than 1%.

2025.06.06

07:02

Transforming passive risk aversion into active layout, expectations for the return of Chinese concept stocks are rising

Recently, with the US regulatory policy tightening and the geopolitical situation tense, the return of Chinese concept stocks has become a hot topic again. The Hong Kong SAR government hopes to consolidate its position as the "preferred place" for the return of Chinese concept stocks through measures such as system optimization and interconnection upgrade. In the Hong Kong stock market, leading companies such as Alibaba, JD.com, and NetEase have taken the lead in completing dual listings or second listings, and small and medium-sized Chinese concept stocks will gradually follow suit. Recently, Chen Haolian, deputy director of the Hong Kong Financial Services and the Treasury Bureau, revealed that since the reform of the listing system in 2018, 33 Chinese concept stocks have been listed in Hong Kong, and their market value accounts for more than 70% of the market value of all Chinese concept stocks. However, some voices in the industry believe that the shortcomings of the Hong Kong stock market in terms of capacity, liquidity and valuation discounts still need to be overcome. This situation is changing. Recently, the Hong Kong dollar exchange rate has frequently touched the strong side exchange guarantee, and the Hong Kong Monetary Authority has intervened many times, reflecting the surging inflow of funds. With the expansion of the Hong Kong Stock Connect and the launch of the Liquidity Support Tool (LMM) in June, the return of Chinese concept stocks may shift from pure risk aversion to active market-oriented layout.

2025.06.05

14:43

Kuaishou Keling AI reaches in-depth cooperation with NetEase's "Ni Shui Han" mobile game

Kuaishou Keling AI has reached an in-depth cooperation with NetEase's popular mobile game "Ni Shui Han", integrating AI video generation technology into the game to enhance the social gameplay of the game. Keling AI has provided API services to more than 10,000 customers, covering advertising marketing, film and television animation, smart terminals and other fields. This cooperation has broadened the commercial application prospects of Keling AI in the gaming industry.

2025.06.04

18:31

The AI competition in gaming is heating up. Tencent, Mihoyo, and NetEase are showing off their technology trump cards

Tencent Games has created a game creation AI full-link solution business called "VISVISE", which includes development tools such as Auto LUV and skirt AI created by the GoSkinning team of its product performance department, and various AI game tools are under intensive development. Not long ago, Tencent Hunyuan also released the Hunyuan game visual generation platform. It is reported that the platform is the first industrial-grade AIGC game content production engine built on the Hunyuan large model, which can greatly optimize the game asset generation and game production process. For example, in the case given by the Hunyuan game team, the Hunyuan game platform can accurately restore professional terms such as "thick coating", "celluloid", and "cyberpunk", and supports high consistency generation of various mainstream game styles and themes such as realism, cartoons, and oriental mythology. AI is becoming a new engine for Tencent's game business. In this year's first quarter earnings call, Tencent CEO Ma Huateng said that in the first quarter, Tencent's AI capabilities have made substantial contributions to businesses such as Evergreen Games. Not only Tencent, but also NetEase and Mihayou have increased their AI game layouts.

2025.06.03

09:22

Hong Kong stocks opened, with the Hang Seng Index up 0.53% and the Tech Index up 0.54%. Most tech stocks rose, with NetEase (09999.HK) up more than 2%, Bilibili (09626.HK) and Tencent Holdings (00700.HK) up more than 1%.

2025.05.30

16:10

Hong Kong stocks closed: Hang Seng Index fell 1.20% Hang Seng Technology Index fell 2.48%

At the close of Hong Kong stocks, the Hang Seng Index fell 1.20%, and the Hang Seng Technology Index fell 2.48%. The Hong Kong Stock Technology ETF (159751) closed down 2.18%, and the Hang Seng Hong Kong Stock Connect ETF (159318) closed down 1.33%. Xpeng Motors fell more than 5%, NetEase and NIO fell more than 4%, and Bilibili fell more than 3%.

10:45

Hong Kong tech stocks fell collectively, Lenovo Group fell more than 5%

Hong Kong-listed technology and internet stocks fell collectively, with Lenovo Group falling more than 5%, Alibaba and Bilibili falling more than 4%, and NetEase, Xiaomi Group, JD.com and others following suit.

09:37

The Hang Seng Index's decline widened to 1%, the Hang Seng Tech Index now fell 1.65%, BYD Co., Ltd. (01211.HK) fell more than 3%, and NetEase (09999.HK) fell nearly 5%.

09:22

Hong Kong stocks opened: Hang Seng Index opened 0.99% lower, Hang Seng Technology Index opened 1.26% lower

Hong Kong stocks opened, the Hang Seng Index opened 0.99% lower, and the Hang Seng Technology Index opened 1.26% lower. Ideal Auto rose more than 4%, and NetEase fell more than 3%.

2025.05.28

13:19

The performance of Hong Kong tech and internet stocks was differentiated. Kuaishou (01024.HK) rose more than 6% in the afternoon, NetEase (09999.HK) rose nearly 3%, Alibaba (09988.HK) and Tencent Holdings (00700.HK) fell more than 1%.

2025.05.27

14:30

Hong Kong tech and internet stocks strengthened in the afternoon, with Meituan (03690.HK) up nearly 2%, NetEase (09999.HK) up more than 1%, and Tencent Holdings (00700.HK) and Alibaba (09988.HK) following suit.

2025.05.26

10:05

Mobile game stocks in Hong Kong stocks strengthened, with Zhongyou Mobile Games (00302.HK) rising more than 4%, Bilibili (09626.HK) rising more than 3%, and NetEase (09999.HK), Linekong Interactive (08267.HK) and others following suit.

2025.05.23

10:02

Hong Kong-listed technology and internet stocks rose, with Bilibili (09626.HK) up more than 5%, NetEase (09999.HK) and Baidu (09888.HK) up 1.8%, and Meituan (03690.HK) up more than 1%.

2025.05.17

04:02

Nasdaq China Golden Dragon Index closed up 0.52%

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