On July 17, NetEase rose 3.37% in pre-market trading, trading at $134.83/share, with turnover of $107,900.

On the news front, NetEase Cloud Music and Warner Music Group announced a multi-year strategic partnership renewal. Under the new agreement, the two parties will deepen cooperation in global artist promotion, cultural exchange, and music content collaboration, with NetEase Cloud Music continuing to provide Warner Music's global licensed catalog to Chinese users.

Additionally, Hang Seng Indexes Company previously announced that NetEase will be included in Hang Seng Index series constituent stocks after market close on July 17, effective July 20. Passive fund allocation expectations continue to serve as a near-term share price catalyst. Since joining Stock Connect on June 30, NetEase has consistently attracted southbound capital inflows, ranking among top net purchases. Haitong International estimates that NetEase's average daily trading volume could increase approximately 60% following Stock Connect inclusion.

(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.)