New Game Launches Critical for NetEase's Shares Re-rating -- Market Talk

Dow Jones

05/22

0752 GMT - New game launches will be key for the re-rating of NetEase's shares, HSBC analysts say in a note. The bank now expects "Ananta" to be launched in early 2027 instead of 4Q this year and the next catalyst will be "Sea of Remnants," which could be launched in the summer. The brightest spot from its 1Q results is the strong gross margin expansion, thanks to the rising mix of self-developed PC games and mobile channel cost optimization, the analysts say. They think the revenue beat was likely driven by the recognition of deferred revenue accumulated in the past two quarters. HSBC lowers its target price for NetEase's ADRs to US$162.00 from US$170.00 due to the likely later-than-expected "Ananta" release. Its ADR ended 2.1% lower at US$114.34. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

May 22, 2026 03:52 ET (07:52 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hans/news/2637538391"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2637538391\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2637538391?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-22 15:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2637538391","market":"sg","top_or_hot":-1,"title":"New Game Launches Critical for NetEase's Shares Re-rating -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0752 GMT - New game launches will be key for the re-rating of NetEase's shares, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts say in a note. The bank now expects \"Ananta\" to be launched in early 2027 instead of 4Q this year and the next catalyst will be \"Sea of Remnants,\" which could be launched in the summer. The brightest spot from its 1Q results is the strong gross margin expansion, thanks to the rising mix of self-developed PC games and mobile channel cost optimization, the analysts say. They think the revenue beat was likely driven by the recognition of deferred revenue accumulated in the past two quarters. HSBC lowers its target price for NetEase's ADRs to US$162.00 from US$170.00 due to the likely later-than-expected \"Ananta\" release. Its ADR ended 2.1% lower at US$114.34. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 22, 2026 03:52 ET (07:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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>New Game Launches Critical for NetEase's Shares Re-rating -- 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\">\nNew Game Launches Critical for NetEase's Shares Re-rating -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-22 15:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0752 GMT - New game launches will be key for the re-rating of NetEase's shares, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts say in a note. The bank now expects \"Ananta\" to be launched in early 2027 instead of 4Q this year and the next catalyst will be \"Sea of Remnants,\" which could be launched in the summer. The brightest spot from its 1Q results is the strong gross margin expansion, thanks to the rising mix of self-developed PC games and mobile channel cost optimization, the analysts say. They think the revenue beat was likely driven by the recognition of deferred revenue accumulated in the past two quarters. HSBC lowers its target price for NetEase's ADRs to US$162.00 from US$170.00 due to the likely later-than-expected \"Ananta\" release. Its ADR ended 2.1% lower at US$114.34. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 22, 2026 03:52 ET (07:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\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":"2637538391","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637538391","pubTimestamp":1779436320,"columns":[],"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":"0752 GMT - New game launches will be key for the re-rating of NetEase's shares, HSBC analysts say in a note. The bank now expects \"Ananta\" to be launched in early 2027 instead of 4Q this year and the next catalyst will be \"Sea of Remnants,\" which could be launched in the summer. The brightest spot from its 1Q results is the strong gross margin expansion, thanks to the rising mix of self-developed PC games and mobile channel cost optimization, the analysts say. They think the revenue beat was likely driven by the recognition of deferred revenue accumulated in the past two quarters. HSBC lowers its target price for NetEase's ADRs to US$162.00 from US$170.00 due to the likely later-than-expected \"Ananta\" release. Its ADR ended 2.1% lower at US$114.34. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"NTES":"网易","09999":"网易"},"translate_title":"新游戏推出对网易股票重新评级至关重要——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NTES":1.5,"09999":1.5},"content_text":"0752 GMT - New game launches will be key for the re-rating of NetEase's shares, HSBC analysts say in a note. The bank now expects \"Ananta\" to be launched in early 2027 instead of 4Q this year and the next catalyst will be \"Sea of Remnants,\" which could be launched in the summer. The brightest spot from its 1Q results is the strong gross margin expansion, thanks to the rising mix of self-developed PC games and mobile channel cost optimization, the analysts say. They think the revenue beat was likely driven by the recognition of deferred revenue accumulated in the past two quarters. HSBC lowers its target price for NetEase's ADRs to US$162.00 from US$170.00 due to the likely later-than-expected \"Ananta\" release. Its ADR ended 2.1% lower at US$114.34. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 22, 2026 03:52 ET (07:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}