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NetEase Shares Soar on Strong Game Revenue Prospects Despite Earnings Miss

By MarketWatch   |   Nov 14, 2024 at 11:25 PM EST
NetEase Shares Soar on Strong Game Revenue Prospects Despite Earnings Miss

Despite missing earnings estimates, NetEase's shares surged in Hong Kong driven by analysts' confidence in its upcoming gaming titles boosting revenue in 2025. The company's strong pipeline and positive outlook led to a 13% increase in shares.

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