China's Major Gaming Companies Likely to Have a Fruitful 2H -- Market Talk

Dow Jones07-18

0633 GMT - China's major gaming companies likely to have a fruitful 2H, according to Daiwa analyst John Choi in a research note. The gaming pipeline for Tencent Holdings and NetEase in 2H looks solid, with Tencent to release "Need For Speed Mobile" and NetEase to release "Naraka Mobile," the analyst says. Existing games have also performed well recently, the analyst points out. Tencent's "DnF Mobile" remains the highest-grossing game in June, with Daiwa estimating gross revenue of CNY3.2 billion. He adds that NetEase's "Eggy Party" gross revenue was up 38% on month, thanks to its anniversary campaign. The analyst keeps a buy rating on Tencent and NetEase. Tencent's shares are down 0.3% and NetEase shares are 0.1% higher. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

July 18, 2024 02:33 ET (06:33 GMT)

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Tencent's \"DnF Mobile\" remains the highest-grossing game in June, with Daiwa estimating gross revenue of CNY3.2 billion. He adds that NetEase's \"Eggy Party\" gross revenue was up 38% on month, thanks to its anniversary campaign. The analyst keeps a buy rating on Tencent and NetEase. Tencent's shares are down 0.3% and NetEase shares are 0.1% higher. (tracy.qu@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 18, 2024 02:33 ET (06:33 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Major Gaming Companies Likely to Have a Fruitful 2H -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Major Gaming Companies Likely to Have a Fruitful 2H -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-18 14:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0633 GMT - China's major gaming companies likely to have a fruitful 2H, according to Daiwa analyst John Choi in a research note. The gaming pipeline for Tencent Holdings and NetEase in 2H looks solid,...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NTES","symbol_name":"网易","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2452144127","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2452144127","pubTimestamp":1721284380,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0633 GMT - China's major gaming companies likely to have a fruitful 2H, according to Daiwa analyst John Choi in a research note. The gaming pipeline for Tencent Holdings and NetEase in 2H looks solid, with Tencent to release \"Need For Speed Mobile\" and NetEase to release \"Naraka Mobile,\" the analyst says. Existing games have also performed well recently, the analyst points out. Tencent's \"DnF Mobile\" remains the highest-grossing game in June, with Daiwa estimating gross revenue of CNY3.2 billion. He adds that NetEase's \"Eggy Party\" gross revenue was up 38% on month, thanks to its anniversary campaign. The analyst keeps a buy rating on Tencent and NetEase. Tencent's shares are down 0.3% and NetEase shares are 0.1% higher. 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The gaming pipeline for Tencent Holdings and NetEase in 2H looks solid, with Tencent to release \"Need For Speed Mobile\" and NetEase to release \"Naraka Mobile,\" the analyst says. Existing games have also performed well recently, the analyst points out. Tencent's \"DnF Mobile\" remains the highest-grossing game in June, with Daiwa estimating gross revenue of CNY3.2 billion. He adds that NetEase's \"Eggy Party\" gross revenue was up 38% on month, thanks to its anniversary campaign. The analyst keeps a buy rating on Tencent and NetEase. Tencent's shares are down 0.3% and NetEase shares are 0.1% higher. 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