Movement Alert｜NTES Intraday Rise 3.01% in Regular Trading, backed by reaffirmed target price and profit growth outlook

Market Focus10-26 09:31

On October 26, NTES rose 3.01% in Regular Trading, trading at HK$189.3, with turnover of HK$135 million.

The move aligns with a recent market update stating that CICC maintained its HK$265 target price on NTES, while expecting third-quarter non-GAAP net profit attributable to shareholders to rise 9% year over year and investment income to improve sequentially from the second quarter.

Additional context from the latest disclosed analyst view indicates that NTES is being supported by expectations for a richer game pipeline, with the 2027 title Infinite positioned as having valuation premium potential, and a broader multi-genre innovation lineup reinforcing expectations for a new product cycle and earnings recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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