NTES-S (09999.HK) +2.100 (+1.128%) Short selling $55.27M; Ratio 10.583% (NTES.US) reported a 7.4% YoY increase in its 1Q25 revenue, higher than the expected 3%, primarily due to strong growth in gaming business revenue, according to a report from China Merchants Securities. The group's gross profit also rose by 8.6% YoY, with the GPM expanding by 0.7 ppts to 64.1%.China Merchants Securities lifted its target price for NTES-S' H-shares from HKD198 to HKD240 and for its US shares from USD127 to USD154, while maintaining the Buy rating unchanged.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-20 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related NewsCLSA: NetEase (NTES.US) TP Raised to US$140 on Outstanding 1Q PC Game Performance