[ET Net News Agency, 24 November 2025] Daiwa raised the target price for NTES (09999) to HKD263 from HKD260 and maintained the "buy" rating.
The research house said it trims 2026-27E revenue by 1%, mainly on lower livestreaming revenue from Cloud Music. (rc)
The research house said it trims 2026-27E revenue by 1%, mainly on lower livestreaming revenue from Cloud Music. (rc)