NTES-S (09999.HK)  +21.900 (+13.028%)    Short selling $496.88M; Ratio 12.594%   (NTES.US)      's ADR spiked 14.6% to US$122.76, and once rocketed 15.4% to a high of US$123.56 during the intraday trading session.

NTES-S announced its 1Q25 results after the market closed yesterday (14th). Net income surged by 35% YoY to RMB10.301 billion, higher than the upper limit of RMB8.111 billion estimated by 4 brokers as consolidated by our reporters. Its net income per share reached RMB3.25, while its net income per ADS amounted to RMB11.88.

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Under non-GAAP, NTES-S' net income soared by 32% YoY to RMB11.236 billion, beating the upper end of RMB9.314 billion forecasted by 9 brokers as consolidated by our reporters. Non-GAAP net income per share/ net income per ADS were RMB3.54/ RMB17.7. Quarterly DPS was US$13.5 US cents, or US$67.5 cents per ADS.

Youdao (DAO.US)      's net revenues fell 6.7% YoY to RMB1.3 billion, while NETEASE MUSIC (09899.HK)  +13.400 (+7.053%)    Short selling $20.83M; Ratio 4.879%   's net revenues were RMB1.9 billion, declining 8.4% YoY. Innovative businesses and others net revenues dropped 17.6% YoY to RMB1.6 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)