NetEase Rises 3% Overnight as Flagship Game Sea of Oblivion Launches Today Coupled with Hang Seng Index Inclusion

Market Focus07-09

On July 9, NetEase rose 3.24% overnight, trading at $137.6/share, with turnover of $306,300.

On the news front, the company's flagship new game Sea of Oblivion officially launched its PC open beta today, with total pre-registrations exceeding 33 million. The mobile version is also expected to go live within July, generating significant summer release cycle momentum.

Regarding index inclusion, Hang Seng Indexes Company previously announced that NetEase will be added to Hang Seng Index series constituent stocks after market close on July 17, effective from July 20. Additionally, China Exchanges Services Company has added NetEase to the China Hong Kong Stock Connect Select 100 Index and China Shanghai-Shenzhen-Hong Kong 300 Index. Market participants widely expect these inclusions to significantly enhance liquidity and attract more mainland capital allocation. Goldman Sachs analysts recently reiterated a Buy rating on NetEase, highlighting its high-barrier gaming core assets as an attractive non-AI high-growth safe haven.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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