On December 4th, Netease (NTES.US) rose 1.12% in pre-market trading to $90.36. According to a research report by JPMorgan, due to strong performance in the gaming business, Netease continues to be the top pick in the digital entertainment sector, with the target price raised from HK$170 to HK$185. Expectations from the return of Blizzard games, as well as contributions from the global version of Marvel Super War, Yan Yun Sixteen Sounds, Fragpunk, and other new games, are projected to accelerate the annual growth rate of online game revenue to 8% by 2025 from this year's 5%, with the fourth quarter of this year expected to reach 2% growth. Anticipating accelerated game revenue and strong shareholder returns, Netease's valuation is expected to be reevaluated in the next 6 to 12 months, maintaining a "shareholding" rating, with next year's adjusted earnings per share forecast raised by 5% to 57.6 yuan. (Seeking Alpha)