China Tech Rout Deepens to $1.5 Trillion as Didi Emboldens Bears [Business News Network (BNN) (Canada)]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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Source: Business News Network
mainland firms listed there dealt a further blow to already soured sentiment on the sector. The Hang Seng Tech Index, which tracks mostly big Chinese technology giants traded in Hong Kong, dropped as much as 2.2% to hover over its lowest level since the gauge was launched in July last year. Members of the index have seen about $1.5 trillion of combined market value evaporate since a February peak. NetEase Inc. and Bilibili Inc. were among the top losers. The declines followed the Nasdaq Golden Dragon China Index's drop to the lowest in almost 19 months in the U.S. Ride hailing giant Didi has begun preparations to withdraw from U.S. stock exchanges and will start work on a Hong Kong share sale, it said in a statement Thursday, a stunning reversal as it yields to demands from Chinese regulators that had opposed its American listing. Separately, the Securities and Exchange Commission on Thursday announced its final plan for putting in place a new law that mandates foreign compani
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News
- NetEase, Inc. Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023 and Publication of 2023 Environmental, Social and Governance ReportPR Newswire
- NetEase, Inc. (NASDAQ: NTES) had its price target lowered by analysts at HSBC Holdings plc from $130.00 to $126.00. They now have a "buy" rating on the stock.MarketBeat
- Apache Software Foundation Announces New Top-Level Project Apache® Celeborn [Yahoo! Finance]Yahoo! Finance
- Is There An Opportunity With NetEase, Inc.'s (NASDAQ:NTES) 44% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Forge and Xterio Announce Partnership [Yahoo! Finance]Yahoo! Finance
NTES
Earnings
- 2/29/24 - Miss
NTES
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 20-F
- 3/12/24 - Form 144
- NTES's page on the SEC website