US Stock Market Move | Netease Inc Sponsored ADR (NTES.US) rose by 3%, Citi: China's gaming industry will continue to recover.
On Monday, NetEase (NTES.US) rose by 3%, closing at $131.305.
On Monday, Netease Inc Sponsored ADR (NTES.US) rose by 3% to $131.305. In the news, Citibank analysts stated after attending the 2025 China International Digital Interactive Entertainment Exhibition held in Shanghai that the enthusiasm for the latest game exhibition suggests that the Chinese gaming industry will continue to recover. These analysts noted that with the normalization of regulatory environment, stable competition landscape, and improved gaming content quality, this year's exhibition had a larger turnout and greater enthusiasm from players compared to last year. Citibank mentioned that Netease Inc Sponsored ADR showcased new games including "The Sea of Forgetfulness" and "Fate: Rise", which may indicate an accelerated release schedule for the second half of the year.
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