CLSA projected NTES-S (09999.HK) +1.400 (+0.727%) Short selling $459.50M; Ratio 16.522% to record total revenue of RMB29.7 billion in 1Q26, up 2.9% YoY, thanks to improved game momentum. However, adjusted EBIT was forecast to decline 5% YoY given higher S&M expenses for new games promotions.The broker foresaw "Where Winds Meet" global success to be a major growth driver for NetEase in 2026 and open up western markets for NetEase games. Related NewsNTES-S (09999.HK) Gains Nearly 4% as Brokers' Latest Ratings, TPs and Views CompiledThe broker revised its forecasts and maintained an Outperform rating on NetEase, Inc. It kept the US TP for NetEase, Inc. (NTES.US) unchanged at USD150.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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