TOPIC

/ company

NetEase

NetEase is the second-largest online gaming firm in China, behind only Tencent. It develops both online PC and mobile games, including flagship titles such as Justice and Fantasy Westward Journey, two Chinese online role-playing games; and Eggy Party, a mobile casual party game. The company has also signed a deal with Blizzard to bring World of Warcraft to China. NetEase also operates NetEase Cloud Music, a music streaming service with more than 200 million active users.

Chairman / President

Ding Lei

CEO / Managing Director

Ding Lei

CFO / Finance Director

Li Ying

Industry

Internet, Online Services, Gaming

Website

netease.com

Headquarters address

NetEase Building, No. 599 Wangshang Road, Binjiang District, Hangzhou, Zhejiang, China

Stock Code

NASDAQ:NTES
SEHK:9999

Year founded

1997

Three Kingdoms Tactics, a war-based strategy game, is Lingxi’s most popular title. Photo: Lingxi Games

Video gaming

Alibaba sheds gaming business Lingxi to double down on AI and e-commerce

The landmark deal sees Citic Capital’s private equity arm acquiring the unit famous for strategy game Three Kingdoms Tactics.

17 Aug 2026 - 6:00PM

NetEase

Alibaba sheds gaming business Lingxi to double down on AI and e-commerce

The landmark deal sees Citic Capital’s private equity arm acquiring the unit famous for strategy game Three Kingdoms Tactics.

Mainland investors dodge AI tumult by extending buying spree in Hong Kong

Why 17 people have held title of China’s richest person in past 27 years

Chinese dad sues online gaming firms for US$1.5 to force anti-addiction rules

Case attracts widespread attention, rallying support for Qin in his quest to urge these companies to strengthen regulations that protect minors.

Fed uncertainty, AI doubts: the twist benefiting US-listed Chinese stocks

Chinese shares trading overseas are being cast as defensive plays as Fed path confusion shifts money away from US equities and bonds.

Adidas, Lenovo among companies in China giving workers a World Cup final holiday

Chinese tech firms NetEase and 37 Interactive Entertainment are allowing employees to enjoy a half-day off on Monday morning.

China’s DeepSeek eyes US$70b valuation in new talks weeks after first round

Company’s fresh fundraising talks come straight off its landmark Series A, as investors scramble to back national AI champion.

DeepSeek on hiring spree – seeks newcomers, not just AI geniuses

The Chinese AI giant is looking to double in size as it seeks to become a ‘driving force’ in the creation of artificial general intelligence.

How DeepSeek’s landmark funding cements founder’s grip amid heated AI rivalry

Liang remains committed to pursuing artificial general intelligence (AGI) – a vision he reinforced to investors repeatedly last month.

China’s DeepSeek nears US$7 billion haul in first-ever funding round

DeepSeek’s founder and CEO Liang Wenfeng is reportedly committing around 20 billion yuan of his own capital.

Hang Seng Index review to boost market capitalisation by 4.5%: analysts

Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.

China’s Warren Buffett calls Pop Mart a long-term buy, hints at owning stake

Duan Yongping sees Pop Mart as a promising long-term investment, praising its growth potential and unique business model.

Hong Kong stocks fall further as US and Iran dig in heels amid escalating war

Stopping Iran from having nuclear weapons and threatening the Middle East is of ‘far greater interest and importance to me’, Trump says.

Hong Kong stocks slip, led by tech firms, after Beijing’s OpenClaw warning

Tencent and Alibaba lose ground while CATL and Geely buck market trend.

Hong Kong stocks slide for a second day as US-Iran war rattles sentiment

Risk-off sentiment is seen across major Asia-Pacific markets, with South Korea’s Kospi benchmark falling 7.2 per cent.

Hong Kong stocks gain by most in nearly a month on China export optimism

‘China and Hong Kong are the biggest beneficiaries’ of US court decision on tariffs, Goldman Sachs strategists and economists say.

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

Hong Kong stocks slip as regulator summons tech firms over train tickets

Approaching Lunar New Year holiday also dampens investors’ enthusiasm for technology stocks, analyst says.

Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

Hong Kong stocks rise despite losses for tech firms on tax concerns

Baidu, Kuaishou among internet stocks losing ground amid rumours regulators may adjust value-added taxes on the sector.

Hong Kong stocks search for direction amid geopolitical concerns

Gold crosses US$5,000 for the first time amid mounting geopolitical uncertainty and growing investor aversion to major currencies.

Next level: why China’s game makers are quietly bankrolling generative AI

From scripts and storylines to customer service and user-generated worlds, developers are deploying LLM tools across the gaming pipeline.

Hong Kong stocks snap 4-day winning streak as Chinese tech giants falter

Online travel-booking agency Trip.com slumps 19 per cent after China opens antitrust probe into the company.

Hong Kong stocks hit 7-week high as investors diversify into Chinese tech names

Investors also boost wagers that Beijing will ramp up policy support to prop up economic growth in 2026.

Hong Kong stocks jump into 2026 with biggest surge since May

Investors expect Beijing’s ‘policy pivot’ to continue, with a focus on demand-side stimulus and stabilising the housing market, analyst says.

China-founded Tripo AI updates 3D content platform as users more than double

‘This shows that we’re on the right track,’ founder and CEO Simon Song Yachen says.

Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

Investors shrug off weaker US Federal Reserve easing hopes and bet on resilient corporate profits into 2026.

SMIC, Pop Mart lead Hong Kong stocks higher before Christmas trading break

Hong Kong’s market will close early on Wednesday and remain shut on December 25 and 26.