NTES - NetEase, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+4.25 (+1.71%)
At close: 4:00PM EDT

254.51 +1.15 (0.45%)
Pre-Market: 8:57AM EDT

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Previous Close249.11
Bid248.00 x 1100
Ask253.80 x 1000
Day's Range251.04 - 256.58
52 Week Range184.60 - 289.69
Avg. Volume690,246
Market Cap32.42B
Beta (3Y Monthly)0.55
PE Ratio (TTM)37.99
Earnings DateN/A
Forward Dividend & Yield4.16 (1.64%)
Ex-Dividend Date2019-08-22
1y Target EstN/A
Trade prices are not sourced from all markets
  • How To Trade Stocks: What Is A Base? And How To Use Stock Charts To Win Big
    Investor's Business Daily

    How To Trade Stocks: What Is A Base? And How To Use Stock Charts To Win Big

    A base is an important concept in chart reading for growth investors. NetEase formed a pair of good ones in both 2015 and 2016

  • NTES or VG: Which Is the Better Value Stock Right Now?

    NTES or VG: Which Is the Better Value Stock Right Now?

    NTES vs. VG: Which Stock Is the Better Value Option?

  • The Big Questions Facing Alibaba Stock

    The Big Questions Facing Alibaba Stock

    Alibaba Group's (NASDAQ:BABA) second-quarter results fulfilled most bullish expectations of the owners of Alibaba stock.Earnings of $1.83 per share easily beat estimates of $1.50. Sales of $16.74 billion were up 42% versus the same period a year earlier. The company's cloud revenue jumped 66%. year-over-year Source: Shutterstock For weeks. I've called Alibaba stock invincible, and a core holding. I called BABA stock one of the best names to own now, and said buying Alibaba Group before BABA's earnings was investors' best chance to maximize profit. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat the results from Alibaba Group and its rival, JD.Com (NASDAQ:JD) prove, is that the Chinese consumer wasn't hunkering down last spring, anticipating trouble ahead. Instead, they were buying goods with both hands.But what about the future? * Major Headlines Mean Opportunities for Smart Investors The Storm Clouds GatherOn the surface, Alibaba Group exudes confidence about its future.It is buying Kaola, the largest online merchant that sells imported goods to Chinese consumers, from Netease (NASDAQ:NTES) for $2 billion. Alibaba co-founder Joseph Tsai is buying the Brooklyn Nets and their arena for $2.35 billion. But China faces an existential tipping point, one that Alibaba symbolizes. Alibaba Group is built on human capital, on people like Tsai thinking creatively and deeply about things like supply chains and software. But the best minds don't just think about business and sports.The Nets' previous owner, Mikhail Prokhorov, also thought money would immunize him from what was happening back in his home country, Russia. It didn't. And it won't for Tsai,who is reportedly worth $9.3 billion, either. The Hong Kong QuandaryIn Q2, the owners of Alibaba stock approved an 8:1 stock split in preparation for a new listing of BABA stock in Hong Kong next month.The Hong Kong exchange, like American exchanges, doesn't require corporate democracy. Dual-share structures like Alibaba's, in which the managers control a company without owning a majority stake, are not allowed on the Shanghai Exchanges. So if China decides to kill Hong Kong's autonomy, it will also be cracking down on Alibaba's corporate structure.People can't be told to think creatively about money and not be expected to think about their future. After losing most of the 20th century to anarchy, Chinese people have a strong preference for order over liberty. But all the Chinese people I know do love liberty.Alibaba has an extensive presence in Hong Kong. It owns the South China Morning Post, Hong Kong's leading newspaper. It wants to reach Chinese investors through Hong Kong's exchange. But it may have to embrace free thought to accomplish that goal. The Bottom Line on Alibaba StockFor Alibaba stock, success covers a multitude of sins.But today, economic growth requires human capital. To do their best mental work, people must be free. Money has made Alibaba Group executives Jack Ma and Joe Tsai as free as any American billionaire.But what about the people who work at Alibaba's headquarters in Hangzhou? How much liberty will they demand, and what risk to order will their demands create?As long as that's an open question, the gains of BABA stock will be limited.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in BABA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post The Big Questions Facing Alibaba Stock appeared first on InvestorPlace.

  • JD.com Stock Can Keep Climbing

    JD.com Stock Can Keep Climbing

    Shares of JD.com (NASDAQ:JD) soared on Tuesday. JD stock gained nearly 13% after its second-quarter earnings came in well ahead of analysts' average expectations.Source: Sundry Photography / Shutterstock.com And there's a simple reason why JD.com stock can keep climbing. Specifically, even after those gains, JD.com is up only 2% over the past month. That's because JD stock dropped 17% in five sessions a couple of weeks ago on fears of an escalating trade war, and Tuesday's gains only recaptured most of those losses.In other words, the good news from JD's earnings doesn't seem priced in. And that, in turn, suggests that JD could keep moving higher, as long as the company gets a little bit of outside help.InvestorPlace - Stock Market News, Stock Advice & Trading Tips JD.com Crushes EstimatesCompared with analysts' average expectations, JD.com had a truly impressive quarter. Its earnings per share of 33 cents, excluding certain items, was 25 cents above the average estimate. That was the company's biggest earnings beat since its 2014 IPO. JD's year-over-year revenue growth of almost 23% was more than five percentage points better than the Street's average expectation.On an absolute basis, too, the results looked strong. The 22.9% increase in its sales was a notable acceleration from the 13% growth that JD.com reported in Q1. And its net income, excluding certain items, increased more than 600% year-over-year. * 10 Stocks Under $5 to Buy for Fall And it's how JD grew its sales and profits, not just by how much they increased, that helps the bull case on JD stock. When JD.com sold off last year, worries about a potential trade war and its impact on the Chinese economy were key drivers of the decline . But investors also fretted about the company's higher spending, which pushed profits to nearly zero in Q2 of 2018.In Q2 of this year, however, JD managed to drive strong growth while posting a modest increase in gross margin and, more importantly, controlling its operating expenses. Its fulfillment expenses only rose at half the rate of its revenue. Furthermore, its marketing spending increased less than 7%, and its general and administrative spending increased only 5%. JD.com's spending on technology jumped 34% year-over-year, but that line item amounted to less than 2.5% of its revenue.That focus on cost control is much-needed, and not just for JD.com. NetEase (NASDAQ:NTES) stock rallied after its Q2 results showed that its cost leverage had driven solid profit growth. Investors have wanted Chinese stocks to start showing some margin improvement, and NTES and JD.com both delivered.JD.com's Q2 results showed that the company is moving in the right direction. And so it's a little surprising that JD stock has not responded more favorably to the results. Why JD Stock Should Keep Moving HigherIt seems that JD.com stock can -- and maybe should -- move even higher. Again, the stock trades below where it did on July 30, before JD.com posted a blowout quarter and the U.S. decided to postpone additional tariffs. At this point, the outlook of JD stock seems to be stronger than it was two weeks ago, and yet JD stock is cheaper than it was then.And JD.com is getting close to cheap or at least, it's not quite that expensive. Heading into Q2, analysts' average 2019 EPS estimate for the full year was 68 cents. JD.com now has generated 66 cents in non-GAAP EPS in just the first two quarters of the year.JD can generate EPS of over $1 in 2019, which would put its price-earnings multiple below 30. In 2o20, that multiple could drop to the low- to mid-twenties.That multiple isn't necessarily that cheap in the context of Chinese stocks right now. Rival Alibaba (NYSE:BABA) trades at less than 20 times the average fiscal 2021 EPS estimate. Internet plays Baidu (NASDAQ:BIDU) and Weibo (NASDAQ:WB) are even cheaper.But JD.com's thin margins, still only 2%+ in Q2, still have much more room to increase. And thus there's more room for the company's profit to grow, making a higher multiple justified.JD does pose some risks. JD.com hasn't always been the most consistent performer. Sentiment toward Chinese stocks on the whole still looks shaky -- and that goes double for Chinese tech, as I wrote last month. As a result, in the near-term, JD stock might be choppy.Still, for Chinese bulls, JD stock looks awfully attractive. And there appears to be room and reason for its post-earnings gains to continue.As of this writing, Vince Martin did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks Under $5 to Buy for Fall * 5 Stocks to Avoid Amid the Ongoing Trade War * 7 5G Stocks to Buy Now for the Future The post JD.com Stock Can Keep Climbing appeared first on InvestorPlace.

  • Baidu’s CEO Warns of ‘Pain’ After Search Giant Fights Off Rivals

    Baidu’s CEO Warns of ‘Pain’ After Search Giant Fights Off Rivals

    (Bloomberg) -- So challenging are the times for Baidu Inc. that even meager revenue growth is cause for celebration.The Chinese search leader’s shares surged as much as 10% in extended trading after it reported sales inched up 1.4% to 26.3 billion yuan ($3.8 billion) in the June quarter, versus projections for a drop. Baidu foresees current-quarter revenue of 26.9 billion yuan to 28.5 billion yuan, flat to down a tad and roughly in line with estimates.The better-than-expected results will soothe investors’ worries for now that the 19-year-old company is losing steam rapidly as China’s internet evolves from desktop to mobile. Yet it continues to grapple with a broader economic slowdown as well as competition for advertisers from Tencent Holdings Ltd. and ByteDance Inc. The latter is chipping away at Baidu’s ad sales via increasingly popular news and social media apps, and also recently launched a general search engine -- a direct challenge to Baidu’s core business.“Facing severe outside challenges and a weak macro environment, the company has initiated a series of groundbreaking changes from top to bottom, involving company structures, personnel moves and business consolidation,” Baidu Chief Executive Officer Robin Li said in a letter to employees after the results. “Despite periodic pain, these changes will have positive and profound impact, enabling Baidu to walk farther and steadier.”Read more: Baidu’s $66 Billion Dive Knocks It Out of China’s Internet Top 5Net income dropped to 2.41 billion yuan, reversing a loss in the prior quarter -- Baidu’s first since going public in 2005. The company enjoyed a near-monopoly in online search after Alphabet Inc.’s Google exited China in 2010 but has in past years suffered a plethora of troubles from a regulatory clampdown over healthcare ads to the departure of a slew of top executives including Xiang Hailong, a 14-year veteran who ran its core search business.The search giant is betting on new technology such as artificial intelligence and self-driving cars, but these pushes aren’t going to pay off financially any time soon. In the meantime, Baidu is investing in content to hold onto users, backing social media platforms including Q&A site Zhihu and science sharing platform Guokr. Daily active app users climbed 27% in the June quarter to 188 million, while subscribers on its Netflix-style iQiyi service grew by about 50% to 100.5 million in June.Baidu had fallen off the list of China’s five most valuable internet companies, trailing Meituan and NetEase Inc., after shedding more than 40% of its market value this year. Once touted as a member of China’s tech triumvirate alongside Alibaba Group Holding Ltd. and Tencent, Baidu has been left behind as the country’s internet evolves.Baidu’s forecast “indicates continued pressure from multiple headwinds, including China’s weakening macroeconomic environment hurting advertisers’ sentiment, the company’s cleanup of low quality health-care advertisers, and the large influx of competitive advertising inventory depressing industry prices,” Bloomberg Intelligence analyst Vey-Sern Ling said.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum Murphy, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Baidu Reports Earnings With Stock Holding a Value Level

    Baidu Reports Earnings With Stock Holding a Value Level

    The Chinese internet giant has been hurt by the the trade war, a slowing local economy, and market share losses to NetEase.

  • Price Targets Raised On Alibaba Stock After Quarterly Earnings Blowout
    Investor's Business Daily

    Price Targets Raised On Alibaba Stock After Quarterly Earnings Blowout

    Alibaba Group stock edged up Friday as the China e-commerce giant received several price target hikes following its quarterly earnings report that beat views on the top and bottom lines.

  • Financial Times

    Alibaba to buy Kaola ecommerce platform

    Alibaba is to acquire rival NetEase’s cross-border online shopping platform, according to two people familiar with the matter, as China’s highly competitive $2tn ecommerce market takes early steps towards consolidation. to Rmb114.92bn ($16.3bn), might pay about $2bn for Kaola, according to one person familiar with the deal. Chinese shoppers have turned in large numbers to online retailers, led by Alibaba’s Taobao and Tmall platforms and JD.com: spending roughly four times as much as their US peers.

  • What Downturn? Alibaba Reports Steady Results Amid Global Tumult

    What Downturn? Alibaba Reports Steady Results Amid Global Tumult

    (Bloomberg) -- Forget the world’s chaos for a moment. Alibaba Group Holding Ltd. is doing just fine.Despite a trade war, the slowing domestic economy and brutally aggressive competition, China’s largest technology company reported revenue and profit numbers that handily beat analyst estimates. Revenue rose a blazing 42%, while net income more than doubled. Shares popped 3% in U.S. trading.Insulated because of its predominantly domestic business, Alibaba is benefiting from a demographic shift to internet shopping. Chinese online sales accelerated in the June quarter, helped by sales promotions that unfolded across the country’s largest e-commerce platforms. Alibaba’s report dropped just as the risks of a recession spike, U.S.-China trade tensions ratchet up yet again and archrival Tencent Holdings Ltd. warns of a tough economic outlook.“It’s surprising how resilient Alibaba is,” said Michael Norris, a Shanghai-based research and strategy analyst at consultancy AgencyChina. “There’s a big disconnect between Wall Street, which has really given a beating to Alibaba’s shares, and people on the ground.”Revenue rose 42% to 114.9 billion yuan ($16.3 billion) in the three months ended June, while net income also came in ahead of expectations at 24.4 billion yuan. That was helped by more than 4.3 billion yuan of pretax profit from Ant Financial, the payments-to-lending affiliate controlled by billionaire Jack Ma.“Despite the macro environment not being as good as last year, Alibaba has launched a lot of new initiatives and the personalized product feed is helping maintain its growth rate,” said Steven Zhu, an analyst with Pacific Epoch. “Its live-streaming services and collaboration with international brands are helping.”The economic slowdown is eroding parts of the company’s sprawling empire of e-commerce, retail stores, delivery services and more. Revenue in its digital media and entertainment segment inched up just 6%, despite streaming service Youku enlarging its average daily subscribers by 40%. Growth in its cloud computing division, which commands half the country’s market share, slowed to a still-respectable 66%.Small and mid-sized enterprises may be leery of spending on ads -- Alibaba’s biggest source of income -- given the current environment. That prompted Chief Financial Officer Maggie Wu to tell analysts Alibaba is in no rush to monetize its new shopping recommendation feeds.Longer term, investors have raised flags about the impact on margins of Alibaba’s enormous spending on so-called new retail -- its effort to use technology to overhaul physical retailers -- and deepen its footprint in lower-tier cities and rural areas. Alibaba said it will continue to invest in those initiatives, as well as on-demand services like food delivery unit Ele.me, which is fighting a fierce, money-losing battle with giant Meituan.Alibaba is approaching a critical juncture just as Chief Executive Officer Daniel Zhang prepares to replace billionaire co-founder Ma as chairman in September. A U.S. campaign of tariffs and other curbs is heightening uncertainty around the world’s second-largest economy, while the emergence of rivals at home such as Pinduoduo Inc. tests its longstanding dominance of Chinese online retail.The e-commerce titan may be on the look-out for assets to bolster its lead. Alibaba is in talks to pay $2 billion for NetEase Inc.’s Kaola, which specializes in selling foreign goods to Chinese consumers, local media outlet Caixin reported.The company is also hatching plans to raise more capital. Alibaba’s quarterly performance bolsters its ambition of pulling off what could be Hong Kong’s biggest share sale since 2010. The company is said to have already filed confidentially for a stock listing, but it’s unclear when it might go ahead with the float given the widespread protests that have gripped Hong Kong over the past 11 weeks. Executives made no mention of the issue during their conference call.Overall, adjusted earnings per share came to 12.55 yuan versus the 10.3 yuan projected. Net cash slipped 4% in the quarter, depressed by a $250 million cash settlement reached last quarter on a U.S. federal class action lawsuit.The “key standout for us is that Alibaba’s China commerce business grew 40%, close to twice the rate of the China online retail industry,” said Neil Campling at Mirabaud Securities. “The scale benefits are paying off and Alibaba is enjoying both active consumer growth momentum and higher average spend.”\--With assistance from Zheping Huang and Sheryl Tian Tong Lee.To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin Chan, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bloomberg

    Baidu’s $66 Billion Dive Knocks It Out of China’s Top 5 Internet Companies

    (Bloomberg) -- Baidu Inc. has dropped off the list of China’s five most valuable internet companies, underscoring the challenges facing the search giant from a weakening economy to intensifying competition.NetEase Inc., China’s second-largest gaming house, has overtaken Baidu in market value after posting better-than-expected quarterly earnings last week. Shares of NetEase have gained 11% this year, while Baidu’s plunged 40%. The latter company, once touted as a member of China’s internet triumvirate alongside Alibaba Group Holding Ltd. and Tencent Holdings Ltd., has bled $66 billion of capitalization since its peak in May 2018 -- the equivalent of one Morgan Stanley.Baidu has struggled to fend off competition from the likes of Tencent and ByteDance Inc., both of which are luring smartphone-savvy consumers and advertisers to their popular mini-video and social media apps.The company enjoyed a near-monopoly in Chinese internet search after Google departed the market in 2010 over government censorship. This week, ByteDance launched its own standalone search engine, posing a serious threat to the almost two-decades-old Baidu. The company was previously pushed out of the Top 3 in market value by e-commerce operator JD.com Inc. and food delivery service Meituan.Baidu, together with rivals Alibaba and Tencent, has long formed part of a trio of leading internet companies known by the acronym BAT. Now even that title seems under threat, with some dubbing ByteDance the new “B” in the group. Baidu in May posted its first quarterly loss since its 2005 stock market debut, after the Chinese economy slowed and rivals chipped away at its advertising sales.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Philippe Laffont's Top 6 Buys in the 2nd Quarter

    Philippe Laffont's Top 6 Buys in the 2nd Quarter

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  • Tencent Music Entertainment's Slowing Growth Spooks the Bulls
    Motley Fool

    Tencent Music Entertainment's Slowing Growth Spooks the Bulls

    Can the growth of the Chinese streaming music giant's karaoke app offset the slowdown in its digital music platforms?

  • The NetEase (NASDAQ:NTES) Share Price Is Up 194% And Shareholders Are Boasting About It
    Simply Wall St.

    The NetEase (NASDAQ:NTES) Share Price Is Up 194% And Shareholders Are Boasting About It

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • How the End of Growth Could Save China Internet Stocks

    How the End of Growth Could Save China Internet Stocks

    (Bloomberg Opinion) -- It’s time for Chinese internet executives to embrace the slowdown.Heady days of 50% sales growth are over, which means they needn’t keep burning marketing money to chase revenue that isn’t there. Part of this slowdown is due to both Chinese and global economic weakness, yet much of it was the inevitable conclusion to a long and lucrative boom in the world’s hottest industry. The sooner management accepts this new reality, the sooner they can start delivering stable earnings growth. Investors have already shown impatience. The CSI Global China Internet index –  a collection of 30 companies that includes Alibaba Group Holding Ltd. and Tencent Holdings Ltd. as well as lesser-known Mango Excellent Media Co. – has dropped 22% over the past year. By contrast, the Dow Jones Internet Composite Index, which tracks the likes of Amazon.com Inc. and Snap Inc., is off just 2%. A quick look at revenue for these Chinese companies tells the tale. As recently as a year ago, top-line growth surpassed 50% across the industry, spurred by massive rises at Alibaba and Xiaomi Corp. On a more balanced basis, the median growth rate was 10 to 15 basis points slower, which is still significant.And yet operating income fell far behind, dropping into a decline on a weighted basis with median growth rates in the single digits. I’ve warned about this disconnect between revenue growth and profits. The problem has been that management, and investors, became so obsessed with the top line that they lost sight of the bottom. Which is why companies spent big on marketing to ensure revenue numbers kept hitting those heady heights.The result was a negative correlation between revenue growth and operating income expansion. That’s not the way it should be. Companies should reap the rewards for selling more of their wares, not suffer for it.Now there are signs that this obsession with growth may be coming to an end. After more than a year of using marketing dollars to juice revenue, some of the more savvy management teams have reined in spending. They’re pragmatic enough to recognize that in this new, more sedate era there’s a limit to how much they can gain from chasing users.We’re in the early phases of the June-quarter earnings season, but there are already encouraging signs. NetEase Inc., the online games and content company, cut its sales and marketing budget by 22% after reducing it by 32% the prior quarter. The result is that while revenue climbed only 15%, operating profit expanded 49%. The stock was rewarded with a 13% rise over the following two days.China Literature Ltd., a provider of e-books and online publishing, by contrast reaped little reward from an 85% increase in marketing expenses for the first half, posting revenue growth of just 30% and a 15% drop in operating income. The company showed weakness in its paid-reading business while its free model has yet to be fully monetized, analyst Wei Ming of China International Capital Corp. wrote Tuesday, noting that the company faces continuing regulatory headwinds. Investors saw the folly in spending big on marketing when there are limits to driving revenue, sending the stock down as much as 19% in Hong Kong.Both Alibaba and Tencent will report earnings in coming days. Investors have come to understand that revenue growth isn’t what it used to be. If management embraces this new normal, then shares may enjoy the rewards of fiscal discipline. To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Why NetEase Shares Jumped Today
    Motley Fool

    Why NetEase Shares Jumped Today

    Easing trade tensions are sending many Chinese stocks higher.

  • NetEase Keeps Playing to Win
    Motley Fool

    NetEase Keeps Playing to Win

    The Chinese video game company is still trying to deliver the growth investors want to see.

  • NetEase's Sales Growth Decelerates Again, but its Profit Soars
    Motley Fool

    NetEase's Sales Growth Decelerates Again, but its Profit Soars

    Should investors buy this Chinese tech stock as trade jitters batter the market?

  • Tencent (TCEHY) to Report Q2 Earnings: What's in the Cards?

    Tencent (TCEHY) to Report Q2 Earnings: What's in the Cards?

    Tencent's (TCEHY) second-quarter 2019 results are likely to benefit from gaming portfolio strength, improving social networks revenues and momentum in cloud services.

  • Thomson Reuters StreetEvents

    Edited Transcript of NTES earnings conference call or presentation 8-Aug-19 1:00am GMT

    Q2 2019 NetEase Inc Earnings Call

  • Video Game Giant Activision Disappoints With Sales Guidance
    Investor's Business Daily

    Video Game Giant Activision Disappoints With Sales Guidance

    Video game publisher Activision Blizzard late Thursday beat Wall Street's targets for the second quarter, but disappointed with its sales guidance. Activision stock wavered in late trading.

  • Why Shares of NetEase Popped Today
    Motley Fool

    Why Shares of NetEase Popped Today

    The Chinese internet company enjoyed soaring profits in the second quarter.

  • Why NetEase Stock Has Risen 10.0% on Thursday
    Market Realist

    Why NetEase Stock Has Risen 10.0% on Thursday

    NetEase (NTES) shares have risen almost 10.0% in early market trading on Thursday. The company announced its second-quarter results on Wednesday.