NetEase's Music App Opens Unchanged in Hong Kong Trading Debut [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
an initial public offering that priced shares at the mid-point of a marketed range. Cloud Village Inc. shares traded at HK$205, the same price they were sold at in the IPO. That was within a range that went from HK$190 to HK$220. It raised $422 million in the IPO. The company began trading in the Asian financial hub after having put the listing on hold in August, delaying it just days after it began gauging investor demand. Initially it was pursuing an IPO of about $1 billion, Bloomberg News had reported in May. The listing happened even as China tightened control over its data and introduced a draft new rule that would require Hong Kong IPO candidates to undergo a cybersecurity review if the data they amassed could impact national security. Cloud Village's prospectus offered a lengthy analysis of the potential risks of the new regime, and said it hasn't been involved in any investigation, nor has it received any inquiry or notice in relation to the new rule. Read More: NetEas
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NTES
News
- NetEase to Report First Quarter 2024 Financial Results on May 23PR Newswire
- NetEase, Inc. (NASDAQ: NTES) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Cloud Music Inc. Adds Expansive K-Pop Portfolio with JYP Entertainment AgreementPR Newswire
- Cloud Music Inc. Adds Expansive K-Pop Portfolio with JYP Entertainment AgreementPR Newswire
- 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
NTES
Earnings
- 2/29/24 - Miss
NTES
Sec Filings
- 5/6/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- NTES's page on the SEC website