On June 18, NetEase-S fell 3.07% in regular trading, trading at HK$189.5/share, with turnover of HK$839 million.

On the news front, the decline reflects continued market concern over NetEase's decelerating revenue growth amid broad weakness across Hong Kong-listed tech and gaming stocks. NetEase previously reported annual revenue of RMB 112.6 billion, with gaming contributing 82% and net profit surpassing RMB 30 billion for the first time. However, revenue growth narrowed to approximately 7%, significantly lower than prior double-digit rates, raising questions about future growth momentum. R&D expenditure reached RMB 17.7 billion as AI investment intensified, though it has yet to translate into meaningful incremental revenue in the near term.

Within the Interactive Home Entertainment sector, stocks declined broadly. Tanwan fell 3.54%, Kingsoft fell 3.04%, NetDragon fell 2.79%, XD Inc fell 1.82%, and 7Road fell 1.75%. Additionally, the Nasdaq Golden Dragon China Index declined 2.50% in the prior session, with NetEase's US-listed shares falling 3.27%, reflecting persistent selling pressure across Chinese internet names.

(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.)