On July 22, NetEase fell 4.69% in pre-market trading, trading at $123.0/share, with turnover of $701,900.

On the news front, Hong Kong-listed technology stocks suffered a broad selloff during the session, with NetEase's Hong Kong shares plunging over 7%, Tencent Holdings dropping over 7%, Kuaishou falling over 6%, and Bilibili declining over 5%. The Hang Seng Tech Index fell 2.11%, and selling pressure transmitted directly to US-listed Chinese stocks in pre-market trading.

Notably, NetEase had previously surged over 5% following its formal inclusion in the Hang Seng Index series, which triggered passive fund allocation demand. Short-term profit-taking from that rally, combined with deteriorating sector-wide sentiment, amplified the magnitude of the current pullback.

(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.)