|Bid||104.81 x 1000|
|Ask||104.88 x 800|
|Day's range||102.43 - 106.18|
|52-week range||82.50 - 134.33|
|Beta (5Y monthly)||0.44|
|PE ratio (TTM)||35.49|
|Earnings date||11 Aug 2021 - 16 Aug 2021|
|Forward dividend & yield||0.85 (0.80%)|
|Ex-dividend date||02 Jun 2021|
|1y target est||134.71|
Does the July share price for NetEase, Inc. ( NASDAQ:NTES ) reflect what it's really worth? Today, we will estimate the...
(Bloomberg) -- Cloud Village Inc., the music streaming arm of Chinese gaming giant NetEase Inc., has won approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter.The unit plans to start gauging investor demand for its offering as soon as next week, the people said, asking not to be identified as the information is private. An IPO could raise about $1 billion, Bloomberg News reported in May.The approval was first reported by Yicai. A
Shares of DiDi Global (NYSE: DIDI), Alibaba (NYSE: BABA), and NetEase (NASDAQ: NTES) were all rising today on no company-specific news. All of these China-based companies are likely seeing their share prices jump today after a major sell-off of Chinese tech stocks over the past couple of weeks. DiDi's stock was up 9.3%, Alibaba popped 4.9%, and NetEase's share price spiked 12.6% as of 2:15 p.m. EDT.