에 대한 최신 뉴스 NetEase (NASDAQ:NTES) 주식

NetEase

NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).

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미국에 상장된 중국 기업들의 주가는 약세로 인해 지난주 상승폭을 잃었다. 중국은 투자자들의 경기 부양 기대에 미치지 못해 2주 연속 상승세를 보인 후 하락세를 보인 것으로 알려졌다.

리 오토, 테슬라 및 니오는 지난주 최악의 성과를 보인 11개 대형주 중 일부 (10월 7일 - 10월 11일)

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이들 8개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 탐보란 리소시스(NYSE:TBN)의 주식은 지난주 13.84% 하락했다.

스노우플레이크 및 JD닷컴 지난주 최악의 성과를 보인 8개 대형주 중 일부 (8월 18일-8월 24일)

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2023년 논란 끝에 블리자드 엔터테인먼트(Blizzard Entertainment)와 넷이즈(NetEase Inc) (NASDAQ:NTES)가 화해해 인기 게임 타이틀이 중국 시장으로 돌아오게 되었다. 사건의 전말 (What Happened): 수요일에 발표된 공동성명서에 따르면 2023년 화제를 모은 월드 오브 워크래프트(World of Warcraft)와 블리자드 엔터테인먼트의 다른 사랑받는 게임들이 1년간의 협상 끝에 중국으로 돌아오게 된 것이 확인됐다.

중국, 블리자드와 넷이즈 사이의 합의에 월드 오브 워크래프트를 다시 환영

NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares

NetEase Inc

Benchmark analyst Fawne Jiang maintains NetEase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) with a Buy and lowers the price target from $120 to $105.

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Benchmark Maintains Buy on NetEase, Lowers Price Target to $105

WIIM

NetEase shares are trading higher. The company reported Q3 financial results.

NetEase, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>)&nbsp;reported a fiscal third-quarter revenue decline of 3.9% year-on-year to $3.73 billion (26.2&nbsp;billion Chinese yuan), topping the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41964319/netease-announces-third-quarter-2024-unaudited-financial-results" rel="noreferrer noopener">analyst consensus estimate of $3.65 billion</a>.
The Chinese gaming&nbsp;player&#8217;s&nbsp;adjusted EPADS of $1.67 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $1.61</a>. The stock climbed after the print.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/41951274/nutanix-catalysts-include-hci-growth-vmware-market-share-shift-and-ai-demand-analyst" rel="noreferrer noopener">Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst</a>
Segments and margins: Games and related value-added services revenues declined 4.2%&nbsp;year over year&nbsp;to $3.0 billion.&nbsp;The corresponding gross margin decreased by 20 bps to 68.8%, mainly attributable to changes in product mix.
Youdao,&nbsp;Inc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAO#NYSE">DAO</a>)&nbsp;revenue climbed by 2.2%&nbsp;year over year&nbsp;to $224.1 million,&nbsp;and&nbsp;the corresponding gross margin declined by 570 bps to 50.2%, primarily due to decreased net revenues from its&nbsp;learning services.
Cloud&nbsp;Music&#8217;s&nbsp;revenues were $284.9 million, up&nbsp;1.3% year over year, and its gross margin expanded by 560 bps to 32.8%.
Innovative businesses and other revenue declined 10.3%&nbsp;year over year&nbsp;to $252.8 million, and the gross margin increased by 1,050 bps to 37.8%, mainly due to increased gross profit margins from several businesses included within the segment.
As&nbsp;of September 30, 2024, NetEase held $17.1 billion in cash and equivalents and generated $1.5 billion in operating cash flow.
Dividend: The board of directors approved a dividend of&nbsp;$0.4350&nbsp;per ADS for the third quarter of 2024.
NetEase launched new popular titles and expanded existing games into additional regions, enhancing its competitive presence across diverse gaming genres.
The mobile version of Naraka: Bladepoint, released in July, quickly gained traction, climbing to No. 4 on the iOS grossing chart after its September update, meeting strong player demand for action-based PvP games.
Racing Master led the App Store and Google Play free-to-play charts in Japan after its August launch.
The return of World of Warcraft and Hearthstone in China reignited high levels of player enthusiasm. World of Warcraft&#8217;s relaunch boosted daily active players by 50% compared to pre-shutdown figures, while Hearthstone saw over 150% growth in player activity.
NetEase maintained the popularity of key games like Identity V and Naraka: Bladepoint, highlighting its strong operational capabilities in the online gaming sector.
The company expanded its portfolio by announcing exciting new titles, including Destiny: Rising and MARVEL Mystic Mayhem. Upcoming releases like Marvel Rivals and Where Winds Meet are set for a December debut.
Youdao achieved its first-ever operating profit for a third quarter, marking a turnaround from a loss in the same period last year.
NetEase Cloud Music continued its growth, expanding its subscriber base and maintaining healthy revenue momentum within its music-focused ecosystem.
NetEase&nbsp;stock plunged 18% year-to-date. <a target="_blank" href="https://www.benzinga.com/government/regulations/24/11/41948430/whats-going-on-with-us-listed-chinese-stocks-alibaba-jd-nio-li-xpeng-on-wednesday" rel="noreferrer noopener">U.S. listed Chinese stocks</a> saw a selloff as the fiscal stimulus failed to impress the street and Donald Trump&#8217;s presidential victory makes the country susceptible to huge tariffs that Trump promised during his campaigns.
<a target="_blank" href="https://www.benzinga.com/general/gaming/24/11/41885423/netease-games-executives-arrested-in-139m-bribery-money-laundering-scandal-report" rel="noreferrer noopener">Authorities arrested NetEase Games</a> General Manager Xiang Lang, esports head Jin Yuchen, and other staff on bribery and money laundering charges.
NetEase said in a statement to Benzinga that it recently addressed two cases of suspected misconduct. The instances involve &#8220;a small number of employees within its domestic Chinese market operations,&#8221; the company said.
Price Action: NTES stock is up 4.20% at $79.48 premarket at&nbsp;the last check Thursday.
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41948028/mastercard-lowers-financial-forecast-signals-slower-eps-revenue-growth-ahead" target="_blank" rel="noreferrer noopener">Mastercard Lowers Financial Forecast, Signals Slower EPS, Revenue Growth Ahead</a></li>
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NetEase Q3 Earnings: Revenue And EPS Beat As Cloud Music Grows, Gaming Weakens

NetEase Q3 Adj EPS $1.67 Misses $1.84 Estimate, Sales $3.73B Miss $3.98B Estimate

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Earnings Scheduled For November 14, 2024

NetEase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) will release its quarterly earnings report on Thursday, 2024-11-14. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate NetEase to report an earnings per share (EPS) of $1.84.
Investors in NetEase are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Overview of Past Earnings</h3>
The company's EPS beat by $0.01 in the last quarter, leading to a 0.21% drop in the share price on the following day.
Here's a look at NetEase's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.65</td>
<td>1.79</td>
<td>1.71</td>
<td>1.45</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.66</td>
<td>1.81</td>
<td>1.60</td>
<td>1.82</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-4.0%</td>
<td>2.0%</td>
<td>4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731506506_0.png" alt="eps graph" />
<h3>Market Performance of NetEase's Stock</h3>
Shares of NetEase were trading at $78.47 as of November 12. Over the last 52-week period, shares are down 30.16%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Analysts' Take on NetEase</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding NetEase.
A total of 3 analyst ratings have been received for NetEase, with the consensus rating being Buy. The average one-year price target stands at $101.67, suggesting a potential 29.57% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of and Electronic Arts, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<h3>Peers Comparative Analysis Summary</h3>
Within the peer analysis summary, vital metrics for and Electronic Arts are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Electronic Arts</td>
<td>Neutral</td>
<td>5.80%</td>
<td>$1.57B</td>
<td>3.97%</td>
</tr>
</tbody>
</table>

Key Takeaway:
NetEase ranks in the middle among its peers for Consensus rating. It is at the bottom for Revenue Growth and Gross Profit, but at the top for Return on Equity.
<h3>All You Need to Know About NetEase</h3>
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).
<h3>Unraveling the Financial Story of NetEase</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: NetEase displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 6.14%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 26.52%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): NetEase's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.24%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): NetEase's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 3.57%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.1.
<a href="https://www.benzinga.com/quote/NTES/earnings">To track all earnings releases for NetEase visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For NetEase

Editor&#8217;s note: This story has been updated with comments from NetEase. 
NetEase Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) NetEase Games, one of China's leading gaming companies, is facing a<a href="https://www.benzinga.com/general/gaming"> corruption scandal. </a>
According to <a href="https://news.bloomberglaw.com/tech-and-telecom-law/netease-says-police-detained-executives-for-alleged-bribery">reports </a>from Bloomberg Law, the company's General Manager Xiang Lang, along with esports lead Jin Yuchen and several other employees were arrested on charges of bribery and money laundering.
NetEase said in a statement to Benzinga that it recently addressed two cases of suspected misconduct. The instances involve &#8220;a small number of employees within its domestic Chinese market operations,&#8221; the company said. 
&#8220;These matters are currently under investigation by the relevant authorities and as this investigation is ongoing, we are unable to provide additional details at this time.&#8221;
The company said it is committed to a workplace based on integrity, transparency and fairness and has a zero-tolerance policy on unethical conduct. 
<h1 class="wp-block-heading">Employee Dismissals, Investigation Details</h1>
In an internal memo, NetEase Games confirmed nine employees were dismissed due to their involvement in the alleged bribery scheme, the Bloomberg Law report said. 
See Also:<a href="https://www.benzinga.com/general/gaming/24/09/41012154/netease-owned-skybox-labs-slashes-workforce-due-to-unprecedented-challenges"> NetEase-Owned SkyBox Labs Slashes Workforce Due To &#8216;Unprecedented Challenges&#8217;</a>
The case is reported to involve 28 suppliers to the company, with an estimated value of one billion yuan (around $139.3 million). The names of those involved have reportedly been removed from the company's internal systems.
After the arrests, staff reported that their computer screensavers were changed to messages reminding employees of the company's compliance protocols.
This investigation marks the second major internal anti-corruption inquiry at NetEase since September 2023,<a href="https://www.eurogamer.net/netease-games-fires-two-senior-execs-for-alleged-money-laundering-and-bribery"> according</a> to Eurogamer. 
Read Next:
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<li><a href="https://www.benzinga.com/markets/asia/24/08/40659768/netease-to-close-ouka-studios-developer-of-visions-of-mana-report">NetEase To Close Ouka Studios, Developer Of Visions Of Mana: Report</a></li>
</ul>
Photo: Shutterstock.

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NetEase Games Executives Arrested In $139M Bribery, Money Laundering Scandal: Report (UPDATED)

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Shares of Chinese stocks are trading lower despite a Chinese stimulus measure. Chinese stocks have been on watch following the US election as investors assess the potential impact of president-elect Trump's policies.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$540.00</td>
<td>$31.7K</td>
<td>1.2K</td>
<td>4.0K</td>
</tr>
<tr>
<td>DJT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$30.00</td>
<td>$59.7K</td>
<td>7.2K</td>
<td>1.6K</td>
</tr>
<tr>
<td>VZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$42.00</td>
<td>$39.5K</td>
<td>2.9K</td>
<td>1.6K</td>
</tr>
<tr>
<td>GOOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$170.00</td>
<td>$25.5K</td>
<td>9.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$100.00</td>
<td>$78.2K</td>
<td>5.1K</td>
<td>929</td>
</tr>
<tr>
<td>NTES</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$112.0K</td>
<td>1.6K</td>
<td>701</td>
</tr>
<tr>
<td>TTD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$120.00</td>
<td>$102.5K</td>
<td>2.2K</td>
<td>397</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we observe a call option sweep with neutral sentiment. It expires in 84 day(s) on January 17, 2025. Parties traded 5 contract(s) at a $540.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.7K, with a price of $6346.0 per contract. There were 1210 open contracts at this strike prior to today, and today 4088 contract(s) were bought and sold. 
• Regarding DJT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), we observe a put option trade with bearish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 98 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $59.7K, with a price of $610.0 per contract. There were 7233 open contracts at this strike prior to today, and today 1604 contract(s) were bought and sold. 
• Regarding VZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), we observe a put option sweep with bearish sentiment. It expires in 147 day(s) on March 21, 2025. Parties traded 194 contract(s) at a $42.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $204.0 per contract. There were 2955 open contracts at this strike prior to today, and today 1602 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on December 20, 2024. This event was a transfer of 35 contract(s) at a $170.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $730.0 per contract. There were 9516 open contracts at this strike prior to today, and today 1382 contract(s) were bought and sold. 
• For DIS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), we notice a call option trade that happens to be bullish, expiring in 238 day(s) on June 20, 2025. This event was a transfer of 99 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $78.2K, with a price of $790.0 per contract. There were 5156 open contracts at this strike prior to today, and today 929 contract(s) were bought and sold. 
• For NTES (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>), we notice a call option trade that happens to be neutral, expiring in 84 day(s) on January 17, 2025. This event was a transfer of 350 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $112.0K, with a price of $320.0 per contract. There were 1684 open contracts at this strike prior to today, and today 701 contract(s) were bought and sold. 
• For TTD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), we notice a call option trade that happens to be bullish, expiring in 84 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $102.5K, with a price of $1025.0 per contract. There were 2295 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Reported Earlier, NetEase Cloud Music Lands Exclusive 30-Day K-POP Premieres From Kakao Entertainment

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Shares of US-listed Chinese stocks are trading higher after China's Sept. retail sales and industrial production data beat estimates.

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Shares of US-listed Chinese stocks are trading lower after China's September exports missed estimates. China stimulus uncertainty has also weighed on stocks recently.

Shares of US-listed Chinese stocks are trading lower on continued weakness amid stimulus uncertainty.

Shares of U.S.-listed Chinese companies, including gaming and internet giant NetEase Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>), fell 3.06% to $85.65 Monday afternoon amid a broader sell-off in Chinese stocks driven by investor dissatisfaction with China&#8217;s latest <a href="https://www.benzinga.com/government/24/10/41312039/whats-going-on-with-us-listed-chinese-stocks-alibaba-baidu-nio-xpeng-on-monday">economic stimulus efforts</a>.
What&#8217;s Happening: NetEase, a major player in China&#8217;s online gaming, e-commerce and entertainment sectors, saw its stock take a hit Monday as investors weighed the potential impacts of China&#8217;s uncertain economic trajectory. 
The company, which relies heavily on consumer spending and internet activity in China, has been sensitive to the broader macroeconomic environment, particularly as China&#8217;s economy grapples with slowing growth and regulatory scrutiny.
While Beijing&#8217;s latest stimulus package promised subsidies for low-income households, support for the property market and replenishment of state banks' capital, the absence of clear financial commitments left investors unimpressed.
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Market analysts had hoped for more aggressive measures, particularly concrete figures on government spending, to inject confidence back into the Chinese economy. 
Prior reports suggested the issuance of 2 trillion yuan ($284.4 billion) in sovereign bonds to alleviate debt and boost consumption, but the lack of confirmation on this front has further fueled uncertainty.
Why This Matters: For NetEase, which depends heavily on a robust domestic market to drive demand for its online games, cloud services, and educational platforms, such ambiguity around the size and timing of the stimulus package could impact the company's future earnings. 
Moreover, ongoing geopolitical tensions between China and the U.S., particularly restrictions on access to advanced AI technology, continue to pose significant risks to the broader tech sector, including NetEase. The ability to innovate and stay competitive in areas like cloud computing, artificial intelligence, and gaming could be further hindered by these restrictions.
Adding to investor concerns, China&#8217;s regulatory environment has grown increasingly stringent over the past year, with crackdowns on major tech companies for antitrust practices and data security issues.
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<h2 class="wp-block-heading">Is NTES A Good Stock To Buy?</h2>
Wall Street analysts view NetEase on the whole as a Buy, given the history of coverage over the past three months. Jiong Shao from Barclays in NetEase is the most bearish, expecting a 21.15% fall in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, NetEase fell 8.31%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 5.91% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
NTES has a 52-week high of $118.89 and a 52-week low of $75.85.

Why NetEase (NTES) Shares Are Falling

The stock of U.S.-listed&nbsp;Chinese&nbsp;companies gave up gains last week due to weakness. Chinese planning officials reportedly fell short of&nbsp;investor stimulus expectations, resulting in a dip after <a target="_blank" href="https://www.benzinga.com//node/41198527" rel="noreferrer noopener">two consecutive weeks of gains</a>.
These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>NetEase, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) stock plummeted 13.66%, giving up gains after two weeks of upmove.</li>
<li>Futu Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) stock dipped 13.25% after investors soured on China&#8217;s stimulus measures.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) shares were down 13.14%.</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares fell 12.91% last week following its Cybercab unveiling, with <a href="https://www.benzinga.com//node/41295072" target="_blank" rel="noreferrer noopener">investors assessing a potential</a> 2026 or 2027 timeline.</li>
<li>Toronto Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) stock lost 10.52% last week <a href="https://www.benzinga.com//node/41271816" target="_blank" rel="noreferrer noopener">following a report suggesting</a> the company is expected to pay approximately $3 billion in penalties and face growth limits as part of an anti-money-laundering settlement.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) stock lost 9.48% last week after investors soured on China&#8217;s stimulus measures.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock fell 8.50% after Jefferies cut its price forecast <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings" target="_blank" rel="noreferrer noopener">from $271 to $266.</a></li>
<li>The AES Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>) share dipped 8.41%.</li>
<li>Align Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) lost 8.00% last week after several analysts lowered the <a href="https://www.benzinga.com/quote/algn/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares were down 7.83%, giving up gains after two weeks of upmove.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) shares declined 7.63%, giving up gains after two weeks of upmove.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41304776/uber-microstrategy-and-robinhood-are-among-top-11-large-cap-gainers-last-week-oct-7-oct-11-are-the-o" target="_blank" rel="noreferrer noopener">Uber, MicroStrategy And Robinhood Are Among Top 11 Large Cap Gainers Last Week (Oct 7-Oct 11): Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Tesla

US Listed Chinese Stocks Give Up Gains - Li Auto, Tesla And Nio Are Among Top 11 Large Cap Losers Last Week (Oct 7-Oct 11): Are The Others In Your Portfolio?

NetEase Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) shares are trading lower by 5.28% to $89.45 Wednesday afternoon. Shares of U.S.-listed Chinese stocks are trading lower on continued weakness after Chinese planning officials reportedly fell short of <a href="https://www.benzinga.com/news/24/10/41254085/china-stock-rally-loses-steam-as-investor-optimism-subsides-not-quite-enough-to-satiate-lofty-expect">investor stimulus expectations</a>.
What To Know: As concerns mount over China's slowing economy, NetEase, which relies heavily on consumer spending on gaming and digital services, is facing increased uncertainty about its growth prospects.
NetEase, known for its popular online games like Fantasy Westward Journey and Justice, as well as its expanding music and education platforms, is deeply tied to the health of China's consumer market. 
The company's stock took a hit as investors reacted to underwhelming announcements from China's National Development and Reform Commission (NDRC), which failed to deliver the large-scale economic stimulus many had been hoping for. 
While expectations were high for new measures to boost consumption and stimulate growth, the NDRC's announcements were limited to modest infrastructure spending and future projects, far short of the significant fiscal support that could have shored up consumer confidence.
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This lack of aggressive stimulus has raised concerns about weaker consumer spending, particularly in discretionary sectors like gaming and entertainment, which are critical to NetEase's business. With China's economy facing headwinds from slowing growth and a shaky property market, there are fears that consumers may cut back on non-essential spending, including gaming, digital services, and in-app purchases. 
For a company like NetEase, which generates significant revenue from its gaming division, any slowdown in consumer spending could impact its top line.
What Else: NetEase's reliance on a robust domestic consumer base for its gaming revenue makes it particularly vulnerable to shifts in China's economic environment. 
If consumers become more cautious with spending, demand for entertainment products like video games and digital content could slow, putting pressure on NetEase's growth.
Despite the current challenges, NetEase has been investing heavily in expanding its portfolio of games and services, including international expansion through its gaming division, which has produced hit titles globally. The company has also been diversifying into new areas like cloud music services and online education, which have shown growth potential.
However, the lack of strong consumer stimulus from Beijing may weigh on these efforts in the near term, as economic uncertainty dampens consumer willingness to spend on digital entertainment.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41257938/fed-minutes-reveal-heated-debate-over-september-interest-rate-move-traders-trim-november-easing-">Fed Minutes Reveal Heated Debate Over September Interest Rate Move: Traders Trim November Easing Bets</a>
<h2 class="wp-block-heading">How To Buy NTES Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in NetEase&#8217;s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NTES has a 52-week high of $118.89 and a 52-week low of $75.85.

Why NetEase (NTES) Stock Is Down 5% Today

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.
Shares of Delek Logistics Partners, LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKL#NYSE">DKL</a>) fell sharply in today's <a href="https://www.benzinga.com/quote/DK/news">pre-market trading</a>.
Delek Logistics Partners priced its public offering of 3,846,153 common units at $39 per unit.
Delek Logistics Partners shares dipped 10.2% to $40.11 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>UP Fintech Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) fell 7.3% to $8.92 in pre-market trading after dipping around 16% on Tuesday.</li>
<li>Agora, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) shares fell 6.6% to $3.52 in pre-market trading after declining 7% on Tuesday.</li>
<li>Futu Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) shares declined 6% to $105.33 in pre-market trading after dipping 13% on Tuesday. Shares of US-listed Chinese stocks recorded losses after Chinese planning officials reportedly fell short of investor stimulus expectations.</li>
<li>Noah Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOAH#NYSE">NOAH</a>) fell 6% to $12.50 in pre-market trading after dipping 7% on Tuesday.</li>
<li>Lufax Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) shares fell 5.3% to $3.22 in pre-market trading after tumbling 14% on Tuesday.</li>
<li>NetEase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) shares fell 4.8% to $89.86 in pre-market trading following a 5% decline on Tuesday.</li>
</ul>
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Pre-Market Outlook

Delek Logistics Partners, Futu Holdings, NetEase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Shares of US-listed Chinese stocks are trading lower on continued weakness after Chinese planning officials reportedly fell short of investor stimulus expectations.

After weeks of soaring performance that positioned Chinese stocks among the best global performers year-to-date, a sharp selloff swept across Chinese markets overnight, with the Hang Seng Index in Hong Kong plummeting more <a href="https://www.benzinga.com/markets/asia/24/10/41213691/fast-and-furious-rally-pushes-chinese-stocks-to-double-s-p-500-performance-year-to-date">than 9% on Tuesday. </a>
The massive drop marks the index&#8217;s worst single-day loss since October 2008, during the height of the global financial crisis.
In mainland China, the Shanghai Composite Index also faced intense volatility but managed to close 4.6% higher after fluctuating wildly throughout the day, following a holiday week. 
Investors, previously riding the rally, rushed to lock in profits, dampened by disappointment over the lack of aggressive fiscal stimulus announcements from Chinese officials.
<h3 class="wp-block-heading">Lack of Bold Stimulus Disappoints Investors</h3>
The sharp downturn was driven by growing disillusionment with Beijing&#8217;s latest policy measures, or rather, the absence of any major new stimulus. 
Hopes had been high that the National Development and Reform Commission (NDRC) would unveil bold fiscal support to bolster the economy, but no such plans materialized.
Zheng Shanjie, chairman of the NDRC, addressed the nation in a media briefing, reiterating that China is on track to achieve its 5% GDP growth target for the year.
However, while acknowledging the economy's challenges in the face of a &#8220;more complex and extreme&#8221; global environment, the only concrete measures announced were a front-loaded 100 billion yuan ($14.1 billion) budget from 2025 and another 100 billion yuan for construction projects. Investors had expected far more robust action, including trillions in new bond issuances and initiatives to stimulate consumption.
The muted response from Beijing rattled the markets. 
&#8220;While Chinese officials discussed hitting growth targets, they didn't address further stimulus measures. The markets want their lifeline!&#8221; wrote macroeconomist Ayesha Tariq, summarizing the frustration.
Goldman Sachs analyst Lisheng Wang highlighted that some investors had been expecting concrete stimulus measures ahead of the NDRC press conference, so the lack of any major announcements came as a letdown. 
&#8220;We believe any large stimulus package would require joint efforts from key ministries and significant fiscal resources,&#8221; Wang wrote, adding that major measures—such as a central government special bond issuance—could still be announced later in the year.
Goldman Sachs anticipates that China may approve an additional 1-2 trillion yuan in ultra-long-term government bonds by year-end to support debt swaps and maintain a fiscal easing stance in 2025.
Despite the initial disappointment, Goldman Sachs remains optimistic that further steps to boost domestic demand, stabilize inflation, and rebuild market confidence are still on the horizon.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/10/41222716/as-florida-prepares-for-one-of-deadliest-hurricanes-here-are-some-potential-stock-winners-and-lo">As Florida Prepares For One Of Deadliest Hurricanes, Here Are Some Potential Stock Winners And Losers From Milton Threat</a>
<h2 class="wp-block-heading">Market Reactions: Offshore Chinese Equities Tumble</h2>
Chinese stocks trading in offshore markets, such as those in Hong Kong and New York, were the hardest hit. 
These stocks are heavily owned by foreign investors, making them more sensitive to shifts in risk sentiment. The combination of profit-taking after weeks of gains and the lack of immediate fiscal stimulus sent these shares plummeting.
Shares of Chinese tech giants listed in Hong Kong—such as Tencent Holdings, Xiaomi, and electric vehicle maker BYD—fell more than 8%. Heavily indebted property developer Country Garden Services Holdings plummeted by 15%.
The selloff extended to U.S.-listed Chinese stocks during premarket trading on Tuesday, where major names tumbled sharply:
<ul>
<li>Tencent Music Entertainment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TME#NYSE">TME</a>) -10.4%</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) -9.7%</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) -8.6%</li>
<li>PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) -8.4%</li>
<li>NIO Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) -7.6%</li>
<li>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) -7.6%</li>
<li>Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) -7.4%</li>
<li>NetEase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) -6.3%</li>
<li>Alibaba Group Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) -5.6%</li>
</ul>
Exchange-traded funds tracking Chinese equities also took a major hit:
<ul>
<li>iShares MSCI China ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NYSE">MCHI</a>) -10%</li>
<li>KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) -9.7%</li>
<li>iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) -8.3%</li>
</ul>
<h3 class="wp-block-heading">What Comes Next?</h3>
With investors eagerly awaiting further developments, the next few weeks will be critical for China&#8217;s stock markets. Analysts are watching closely for announcements from ad-hoc government meetings and the upcoming National People&#8217;s Congress standing committee session, where more concrete fiscal actions could be unveiled.
Another major global event impacting China markets will be the U.S. presidential election on Nov. 5.
Looking further ahead, early to mid-December will see another Politburo meeting, specifically on economic policies, followed by the Central Economic Work Conference in mid to late December, where China&#8217;s broader economic strategy for the next year could be laid out.
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Photo: Shutterstock

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Chinese Stocks Plunge As Stimulus Hopes Fade: Hong Kong Posts Worst Daily Decline Since October 2008

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NetEase, Inc. 2024 Q3 - Results - Earnings Call Presentation

NetEase, Inc. (NTES) Q3 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
NetEase (NASDAQ:<a href="https://investorplace.com/stock-quotes/ntes-stock-quote/">NTES</a>) just reported results for the second quarter of 2024.<ul><li>NetEase reported earnings per share of $1.66. This was above the analyst estimate for EPS of $1.65.</li><li>The company reported revenue of $3.51 billion.</li><li>This was 5.22% worse than the analyst estimate for revenue of $3.70 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	
	The post <a href="https://investorplace.com/earning-results/2024/08/ntes-stock-earnings-netease-for-q2-of-2024/">NTES Stock Earnings: NetEase Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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