NetEase Inc. logo

NetEase Inc.

9999 · HKEX · Communication Services · HK$615B

Develops and operates mobile and PC games alongside music streaming, online education services, AI-powered language tools, and digital marketing services, primarily across China.

Technical Bias: Bearish lean
HK$192.60+HK$0.40 (+0.21%)Delayed

As of Aug 31, 2026

Summary

NetEase Inc. operates in digital entertainment and online services across gaming, music streaming, and e-commerce in mainland China and beyond. The stock shows a bearish technical lean, trading at HK$192.20 with a market capitalisation of HK$615 billion. Over the past year, the stock is down 2.4%, whilst the last month has seen a 7.0% decline.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

+0.21%

1W

-4.85%

1M

-6.97%

3M

-0.40%

YTD

-9.02%

1Y

-2.35%

As of Aug 28, 2026

Technical indicators

RSI (14)
43.6Neutral
MACD (12,26,9)
-0.47Bearish
Moving averages
50: 199.14 · 200: 195.53Neutral
Support / Resistance
HK$188.40 / HK$196.95

Technical Bias

Bearish lean

0 Bullish · 1 Bearish · 2 Neutral

NetEase's technical setup leans bearish right now. The MACD sits at minus 0.47, suggesting momentum is fading, while RSI at 43.6 and moving averages (50-day at 199.14, 200-day at 195.53) offer no clear directional push either way. The stock trades at HK$192.20, between support at HK$188.40 and resistance at HK$196.95. This is a derived technical read, not a recommendation.

A transparent read of the indicators below — not a prediction or recommendation.

As of Aug 28, 2026

Fundamentals

Market cap
HK$615B
P/E ratio
16.37
EPS
HK$11.03
Profit margin
27.88%
Revenue growth (YoY)
+7.9%
Free cash flow
HK$48.4B
Beta
0.8
52-week range
HK$167.82 – HK$243.13
Dividend yield
1.99%
Ex-dividend date
Sep 2, 2026
Next earnings

As of Aug 31, 2026

Upcoming catalysts

  • Ex-dividend dateSep 2, 2026 · 3.01 / share

As of Aug 31, 2026

Latest news

As of Aug 31, 2026

MonkeyTrade's Take on NetEase Inc.

Our read on the signals above — informational, not a recommendation.

Short-term outlook

NetEase's short-term setup leans bearish: the MACD is under its signal line, RSI sits in neutral territory but shows no upward push, and the stock has shed 7% over the past month while trading below both its 50-day (HK$199.14) and 200-day (HK$195.53) averages. A break below the HK$188.40 support would confirm further downside, while a reclaim of HK$196.95 resistance would be needed to challenge this bearish read. No earnings date is set to disrupt the picture near-term.

Medium-term outlook

NetEase's fundamentals look solid for the medium term: 7.9% revenue growth, a chunky 27.9% profit margin, a 2.0% dividend yield and a modest 16.37 P/E all point to a profitable, reasonably priced business. Yet the technical lean is bearish, suggesting the market isn't yet rewarding that quality. A shift to a bullish technical read, or a fresh acceleration in revenue growth, would be the trigger to turn more constructive.

Key risks

  • Older, established game titles continue to drive a large share of revenue, raising questions about the pipeline of new hits to sustain growth.
  • Revenue growth of +7.9% year-on-year is comparatively modest, so any slowdown in core segments could weigh more heavily on sentiment.
  • The stock is trading well below its 52-week high of HK$243.13, currently at HK$192.20, reflecting valuation uncertainty flagged in recent fair-value estimates.
  • As a Communication Services company reliant on gaming, NetEase remains exposed to regulatory shifts affecting the sector in its key markets.

About NetEase Inc.

NetEase Inc. is a Chinese technology company operating in the Electronic Gaming & Multimedia industry, within the broader Communication Services sector. Listed on the Hong Kong Stock Exchange under ticker 9999, the company has built its position around online games and digital entertainment, making it one of the more prominent names in its space. With a market capitalisation of HK$615B, NetEase sits among the larger players in this industry, reflecting its scale and established presence in the market.

Looking at the numbers, NetEase trades on a price-to-earnings ratio of 16.37, giving investors a sense of how the market is currently valuing its earnings. The stock also carries a dividend yield of +2.0%, offering a small income component alongside any share price movement. Together, these figures give a snapshot of how NetEase is positioned financially within its sector today.

How to trade NetEase Inc.

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AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk. How we build these pages.