Daiwa has released a research report attributing the better-than-expected 29% growth in NTES-S' (09999.HK) +21.900 (+13.028%) Short selling $496.88M; Ratio 12.594% (NTES.US) 1Q25 net profit to stronger-than-expected revenue from PC and console games, as well as a decrease in operating expenses.Given the successful performance of several new games launched by NTES-S, Daiwa adopted a more optimistic stance on the monetization potential of upcoming game releases. It lifted its 2025-27 revenue forecasts for the company by 2% and EPS projections by 8-16%.Related NewsCLSA: NetEase (NTES.US) TP Raised to US$140 on Outstanding 1Q PC Game PerformanceDaiwa reiterated a Buy rating on NTES-S' H-shares and raised the target price from HKD180 to HKD210.(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.)