Tencent, NetEase Shares Could Benefit From Success of New Games -- Market Talk

Dow Jones

Jan 06, 2025

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)

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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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 05, 2025 22:59 ET (03:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent, NetEase Shares Could Benefit From Success of New Games -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent, NetEase Shares Could Benefit From Success of New Games -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-06 11:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 05, 2025 22:59 ET (03:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0051755006.USD","symbol_name":"摩根大通中国A (dist)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501224476","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501224476","pubTimestamp":1736135940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. 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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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 05, 2025 22:59 ET (03:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}