Nomura released a research report expecting NTES-S (09999.HK) +0.200 (+0.108%) Short selling $255.64M; Ratio 22.187% 's 1Q revenue to elevate 4% YoY to RMB30 billion, 1% above market consensus. The non-GAAP EPADS was forecast to fall 7% YoY to RMB16.27, 6% above market expectations. Gross margin for the period was expected to increase 0.9 ppts YoY to 65%, in light of improving revenue mix towards higher-margin self-produced titlesNetEase, Inc. confirmed it needs to convert its Hong Kong listing status from secondary to primary listing to comply with local listing rules. The broker believed this move will pave the way for inclusion of its H shares into Stock Connect, which could serve as a share price catalyst.Related News CLSA Expects NetEase, Inc. (NTES.US) Game "Where Winds Meet" to Be Growth Engine This Year; Rates OutperformNomura maintained its Buy rating on NetEase, Inc. (NTES.US) with a TP of USD155. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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