Stock Track | NetEase-S Soars 5.12% in Intraday Trading on Dual Primary Listing Conversion and Stock Connect Inclusion

Stock Track

Jun 30

NetEase-S (09999) shares surged 5.12% in intraday trading on Tuesday, driven by significant corporate and market access developments.

The company officially converted from a Hong Kong secondary listing to a dual primary listing status, concluding its transition grace period ahead of schedule. Concurrently, both the Shanghai Stock Exchange and Shenzhen Stock Exchange announced the inclusion of NetEase-S into the Stock Connect program, enabling mainland investors to directly purchase its shares and significantly enhancing its liquidity prospects.

Positive analyst sentiment further supported the move, with Goldman Sachs reiterating its Buy rating and raising its target price, while Morgan Stanley and Bank of America maintained their bullish ratings. Additionally, anticipation is building for the company's new game "Forgotten Sea," which is set for a PC public beta soon, with institutions estimating substantial first-year revenue potential.

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Concurrently, both the Shanghai Stock Exchange and Shenzhen Stock Exchange announced the inclusion of NetEase-S into the Stock Connect program, enabling mainland investors to directly purchase its shares and significantly enhancing its liquidity prospects.</p><p>Positive analyst sentiment further supported the move, with Goldman Sachs reiterating its Buy rating and raising its target price, while Morgan Stanley and Bank of America maintained their bullish ratings. Additionally, anticipation is building for the company's new game \"Forgotten Sea,\" which is set for a PC public beta soon, with institutions estimating substantial first-year revenue potential.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09999","symbol_name":"网易","start_time":0,"source_url":"","article_id":"1138589245","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138589245","pubTimestamp":1782783478,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NetEase-S (09999) shares surged 5.12% in intraday trading on Tuesday, driven by significant corporate and market access developments.The company officially converted from a Hong Kong secondary...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09999":"网易"},"translate_title":"个股赛道|网易-S盘中大涨5.12%双重主要上市转换及股通纳入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09999":1},"content_text":"NetEase-S (09999) shares surged 5.12% in intraday trading on Tuesday, driven by significant corporate and market access developments.The company officially converted from a Hong Kong secondary listing to a dual primary listing status, concluding its transition grace period ahead of schedule. 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