0359 GMT - Tencent and NetEase's shares could benefit from the potential success of their new game launches, Daiwa analysts say in a research note. The new games "Path of Exile 2" and "Marvel Rivals" released by Tencent and NetEase, respectively, in December could exceed market expectations as their sales momentum remains strong after four weeks, the analysts say. The success of the games could help expand the Chinese game makers' influence in the international market, they say, noting that international expansion remains an important catalyst for their stock re-rating. Tencent remains Daiwa's top pick, while NetEase could deliver an upside surprise if one of its titles achieves better-than-expected sales. Tencent's shares are 1.35% down at HK$408.00, while NetEase is up 0.3% at HK$136.90. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
January 05, 2025 22:59 ET (03:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。