On July 6, NetEase rose 3.14% in regular trading, trading at $131.115/share, with turnover of $63.21 million.

The rally was driven by a dual catalyst. Hang Seng Indexes Company previously announced that NetEase has been included in Stock Connect and meets the fast-inclusion rule requirements, with the stock set to be added to the Hang Seng Index series constituent stocks after market close on July 17, effective July 20. The market widely expects this move to significantly boost Hong Kong-listed share liquidity and attract greater mainland capital allocation. Additionally, China Exchanges Services Company announced the inclusion of NetEase in both the CES Stock Connect Select 100 Index and CES Shanghai-Shenzhen-Hong Kong 300 Index, effective July 13.

Meanwhile, Goldman Sachs analyst Lincoln Kong highlighted NetEase as a key recommendation, noting the stock has maintained strong momentum since the solid Q1 results in May. Goldman expects this strength to continue through H2, driven by multiple new game launches in July that should further expand profit margins. The firm also positioned NetEase as an attractive non-AI safe-haven play, noting its high-barrier gaming assets stand out as peers face margin pressure from excessive AI investment.

(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.)