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<Research>G Sachs: NTES-S 3Q Results Miss, But Structural Growth Unchanged
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While NTES-S (09999.HK) delivered worse-than-expected results for 3Q25, it managed to maintain its structural growth unchanged, Goldman Sachs wrote in its research report. Goldman Sachs kept a target price of USD160 on NetEase (NTES.US) and HKD250 on NTES-S (09999.HK), though it reduced its net profit forecast by 0-2%. In the broker's opinion, NetEase's strategy of focusing on enriching its existing evergreen game portfolio and complementing it with a few high-quality new games has begun to show results. AAStocks Financial News |
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