Morgan Stanley stated that due to the slowing growth in the second half of the year and limited EPS growth potential of NetEase (NTES.US) (09961.HK), mainly due to the normalizing revenue of the mobile game 'Onmyoji' which fell to the tenth place in iOS platform revenue rankings as of yesterday (7th), coupled with negative spiral of 'Fantasy Westward Journey' PC game and higher base of 'Nishuihan' strong performance of mobile game last year, lower performance of mobile game 'Egg Party' and more sales and promotional expenses in the third quarter. The bank maintains its 'Synchronized with the market' rating on NetEase's ADR and its target price at $100.
《大行》大摩料網易(NTES.US)下半年增長速度減慢 每股盈利上升有限
"Dahsing" expects netease (NTES.US) to slow down its growth rate in the second half of the year, with limited increase in earnings per share.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.