NetEase pre-market stock price rises over 4%, will soon release financial reports, institutions expect second-quarter performance to improve.

NetEase pre-market up 4.6%, at $137. On the news front, NetEase is set to release its financial report before the market opens on August 14 Eastern Time. According to a report from Lyon Securities, it is expected that NetEase's second quarter performance will improve, with total revenue and adjusted EBIT increasing by 12% and 29% year-on-year, reaching 28.5 billion and 10.4 billion RMB respectively. The bank estimates that the group's gaming revenue will increase by 17.9% year-on-year. Games such as "Justice" and "Egg Party" are performing steadily, while "Peak Speed" is showing growth again, and "Fifth Person Identity" and new games are performing well. The bank mentioned that NetEase's product lineup for the second half of the year includes RPG game "Marvel Secret Magic Tide", ARPG game "Diablo II reset version" and FPS game "No Lord Stargate". NetEase has recently had about 21 games approved, and it is believed that this will continue to drive the company's growth.