NTES-S (09999.HK) +3.200 (+1.952%) Short selling $177.81M; Ratio 20.357% will announce its 1Q25 results on this Thursday (15th) at around 6pm. Driven by strong performance in PC games (thanks to revenue contributions from Marvel Rivals and Blizzard Entertainment's game products) and cost-saving measures, the Company offset weakness in mobile games (decline in the sell-through of its main series games).Investors will focus on whether the Company's core games, such as classic IPs like Fantasy Westward Journey, can still contribute stable revenue, the launch schedule of Destiny : Rising and Marvel Mystic Mayhem games, as well as the development progress of Ananta, and whether there will be a significant rebound in the Youdao and advertising businesses. Related NewsRatings & TPs on NTES-S (09999.HK) (Table)Investors will be watching the Company's game event on 20 May (next Tuesday), as well as content updates for key games.----------------------------------------------------------------Based on nine brokers' forecasts, NTES-S' 1Q25 non-GAAP net profit is expected to be in the range of RMB8.615 billion to RMB9.314 billion, up 1.2-9.4% YoY from RMB8.511 billion a year ago. Median was RMB9.015 billion, up 5.9% YoY.Related NewsDaiwa: HSI Reaches Mid-yr Target, but Structural Opportunities Limited; Focus on TMT/ Domestic Demand/ Other Sectors SuggestedBroker│1Q25 Non-GAAP Net Profit Forecast (RMB)│YoY Change Nomura│9.314 billion│+9.4% Barclays│9.311 billion│+9.4% CCBI│9.111 billion│+7.0% Citi│9.051 billion│+6.3% CLSA│9.015 billion│+5.9% Goldman Sachs│8.833 billion│+3.8% Haitong International│8.794 billion│+3.3% BOCI│8.631 billion│+1.4% UBS│8.615 billion│+1.2% Calculated on the basis of NTES-S' 1Q24 non-GAAP net profit of RMB8.511 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 16:25.)