The BULLS are still in charge of the NTES stock price, despite the sell off in Chinese stocks in May, NTES had managed to stabilize and hold key support on continued high volume. We remain long into earnings Wednesday, with confidence that the improved conditions in the gaming sector within China will produce great results and guidance.
Average Target Price: $283
Average Recommendation: OVERWEIGHT
22 BUY
1 OVERWEIGHT
8 HOLD
Company Description
NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games. The E-commerce segment provides online selling and payment platform, e-reading applications, matchmaking services, online music, social network, personalized photo-based products, and online game-related accessories. The Advertising segment involves banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games and contests. The E-Mail Services segment comprise free and fee-based premium e-mail services.
Average Target Price: $283
Average Recommendation: OVERWEIGHT
22 BUY
1 OVERWEIGHT
8 HOLD
Company Description
NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games. The E-commerce segment provides online selling and payment platform, e-reading applications, matchmaking services, online music, social network, personalized photo-based products, and online game-related accessories. The Advertising segment involves banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games and contests. The E-Mail Services segment comprise free and fee-based premium e-mail services.
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