Movement Alert|NTES Intraday Rise 3.16%, Game Pipeline and Buyback Support Sentiment

Market Focus
Oct 09

On October 9, NTES rose 3.16% in regular trading, trading at 192.4 Hong Kong dollars per share, with turnover of 213 million Hong Kong dollars.

The movement follows renewed institutional support and pipeline optimism. Goldman Sachs maintained a Buy rating with a target price of 263 Hong Kong dollars, citing Blizzard's game release plan through 2030 and NTES's exclusive licensing cooperation in China as a potential source of additional revenue. Guotou Securities International also initiated coverage with a Buy rating and a 220 Hong Kong dollar target price, noting that operating profit growth outpaced revenue growth in the first half of 2026, validating a shift from scale-oriented to profit-oriented strategy. Gam

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