0741 GMT - NetEase's planned summer launch of its Sea of Remnants game is expected to re-accelerate its gaming growth in 2H, Nomura analysts Jialong Shi and Rachel Guo say in a note. They note that the Chinese company's better-than-expected 1Q results reflect the strong resilience and enduring popularity of its decade-old game titles. Nomura expects online game revenue growth to rise to 9% in 2H from 5% in 1H. The bank maintains its buy rating on NetEase and keeps its $155.00 target price on the company's ADRs, which last closed at $116.55. (jason.chau@wsj.com)
(END) Dow Jones Newswires
May 25, 2026 03:41 ET (07:41 GMT)
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