On June 16, NetEase-S fell 3.04% in regular trading, trading at HK$194.4/share, with turnover of HK$594 million.
On the news front, NetEase recently disclosed its annual results, reporting full-year revenue of RMB 112.6 billion with gaming contributing 82%, and net profit attributable to shareholders surpassing RMB 30 billion for the first time. However, revenue growth has narrowed from previous double-digit levels to approximately 7%, raising market concerns over weakening growth momentum. R&D expenditure reached RMB 17.7 billion as the company intensified AI investment, though this has yet to translate into meaningful revenue contribution in the near term. CEO William Ding noted that AI has become a core capability across NetEase's R&D and operations, with a focus on vertical applications rather than general-purpose large models.
Within the Interactive Home Entertainment sector, stocks declined broadly. Among individual names, Tanwan fell 6.06%, Kingsoft fell 3.2%, XD Inc fell 2.14%, 7Road fell 1.72%, and NetDragon fell 1.18%.
(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.)