YAMATO RELEASED A RESEARCH REPORT INDICATING THAT NETEASY-S (09999.HK) (NTES.US) PREVIOUSLY TEAMED UP AGAIN WITH BLIZZARD CHINA UNDER THE BANNER OF MOTION VISION (ATVI.US). THE WORLD OF WARCRAFT UNIFORM OFFICIALLY LAUNCHES TODAY (27TH), AND ESTIMATES THE GAME WILL BRING ABOUT FOUR MONTHS OF REVENUE GROWTH THIS YEAR INVOLVING ABOUT 4 RMB billion also raised NetEasy's year-over-year PC gaming revenue forecast by 2%.

NetEasy's Sixteen Swallows PC version will be released on July 26, and the company also expects more room for growth in PC gaming revenue. At the same time, Yamato raised its revenue forecast by 2% to reflect the launch of its flagship game, Eternal Destruction, which will be launched on July 25.

YAMATO STRESSED THAT NETEASY WILL BE LAUNCHING MANY NEW GAMES IN THE SECOND HALF OF THE YEAR, WHICH WILL BE A KEY CATALYST FOR ITS SHARE PRICE AND WILL MAKE NETEASY ONE OF THE MOST PREDICTABLE COMPANIES FOR REVENUE GROWTH IN THE INDUSTRY. IT WILL CONTINUE TO BE LISTED AS A PREFERRED STOCK, REGAINING ITS “BUY” RATING, RAISING ITS TARGET PRICE FROM $225 TO $235 FOR FULL REVENUE THIS YEAR And earnings per share rose 2% to 3%.