JPMorgan Chase & Co issued a report that$NetEase, Inc.-S (09999.HK)$Since last year, the average cross-index of ETF (KWEB) and 00700.HK (00700.HK) in KraneShares has been 53 and 31 percentage points respectively, mainly due to the strong performance of new outbreaks ("Darkness" and "Harry Potter: magic Wake", etc.) and the limited reporting / e-commerce services affected by the epidemic.
The bank said that although the view on the long-term growth of trade in the global market is still positive and attaches importance to the content providers of the universe, it is because the market has overdone the online growth in the second half of this year and next year. Due to the high relationship between swaps and market income forecast, the bank expects its shares to have a downward consolidation force in the next six months, and there is also a downward trend in net income in the third quarter of this year.
Motors lowered the rating of Wangyi shares from "overweight" to "neutral" and lowered its target from HK $185 to HK $140.