Approval of Naraka Bladepoint mobile version fuels expectations for strong earnings
- NetEase shares rise 5.5% after mobile version of blockbuster PC game is approved
- Approval fuels expectations of strong earnings for NetEase
- Mobile version of Naraka Bladepoint game seen as key driver for 2024
- NetEase’s PC version of Naraka Bladepoint named Top Seller on Steam’s Best of 2021 games list
- Fourth quarter results for NetEase expected to be strong
NetEase shares surged 5.5% in Hong Kong after the mobile version of its popular PC game, Naraka Bladepoint, was approved by China’s National Press and Publication Administration. This approval has raised expectations for strong earnings for NetEase this year. Naraka Bladepoint, launched in 2021, is a top-selling Chinese PC game with a global presence. The mobile version of Naraka Bladepoint, along with other new game launches, is expected to be a key driver for NetEase in 2024, according to HSBC analysts. NetEase’s PC version of Naraka Bladepoint was well-received by players and was named a Top Seller on Steam’s Best of 2021 games list. NetEase is set to announce its fourth quarter results, and analysts are anticipating strong earnings due to the success of games like Justice Mobile and Eggy Party.
Factuality Level: 8
Factuality Justification: The article provides factual information about NetEase’s rise in shares after the approval of its mobile game and the expectations of strong earnings. It includes details about the approval of the game, its success in the PC market, and analyst predictions. There are no obvious signs of bias, misleading information, or sensationalism in the article.
Noise Level: 3
Noise Justification: The article provides relevant information about NetEase’s shares rising after the approval of the mobile version of its popular PC game. It includes details about the approval, the game’s success, analyst predictions, and upcoming earnings report. The article stays on topic and supports its claims with data and examples. However, it lacks in-depth analysis, accountability, and antifragility considerations, which prevents it from scoring higher.
Financial Relevance: Yes
Financial Markets Impacted: NetEase shares in Hong Kong and the company’s U.S.-listed ADRs
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the approval of the mobile version of NetEase’s blockbuster PC game, which is expected to drive strong earnings for the company. There is no mention of any extreme events or their impact.
Public Companies: NetEase (NTES)
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