NTES-S (09999.HK) +21.900 (+13.028%) Short selling $496.88M; Ratio 12.594% (NTES.US) 's 1Q25 results beat expectations, CLSA released a research report saying. Overall revenue/ adjusted EBIT increased by 7.4%/ 33.9% YoY, 1%/ 20% ahead of the broker's expectations respectively, driven by online games. PC game revenue surged over 80%, while the YoY decline in mobile games narrowed to 4%.Related NewsM Stanley: NetEase (NTES.US) TP US$117/ Rating Overweight as 1Q Results BeatBased on stronger-than-expected online game revenue, the broker raised its 2025/ 2026 adjusted net profit forecasts by 14%/ 10% each, and raised its target price for NTES-S' US stock from US$120 to US$140, with rating reiterated at Outperform. (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.)