Netease Stock News

NetEase announced early Tuesday morning that it plans to spin off its music streaming business Cloud Village in a $500 million initial public offering (IPO) in the Hong Kong stock exchange. The announcement came as the Chinese tech giant attempted to revive the IPO, [] The post Chinese tech giant NetEase to spin off its music streaming business Cloud Village in a $500 million Hong Kong IPO appeared first on Tech News | Startups News .

Also, a youth coding platform raised US$5 million in angel investment from the VC firm of an early Kuaishou backer.

Chinese Internet technology company NetEase is all set to initiate an initial public offering (IPO) of its music streaming unit - Cloud Village.

NetEase Inc (NASDAQ: NTES) launched the Hong Kong initial public offering (IPO) of its music business, Cloud Village, to raise a maximum of $519.6 million (HK$4.04 billion). Cloud Village will offe

NetEase Cloud Music, the music streaming arm of Chinese tech giant NetEase, is planning to raise up to HKD $3.52 billion ($451.9 million) from an initial public offering (IPO) in Hong Kong. The post NetEase Cloud Musics Hong Kong IPO Set for December 2 appeared first on Pandaily .

NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which could raise around $500 million. READ FULL ARTICLE The post Chinese #tech giant NetEase launches $500 million Hong Kong IPO for its music business appeared first on ByteFunding .

NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which could raise around $500 million.

NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which could raise around $500 million.

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Shares in Asia-Pacific were mixed on Monday as China kept its benchmark lending rate unchanged. The Hang Seng index in Hong Kong dipped 0.39%, closing at 24,951.34. Hong Kong-listed shares of JD.com and NetEase gained 1.93% and 3.02%, respectively, following a Friday announcement that the two stocks are set to be included in the benchmark Hang Seng index from Dec. 6. In mainland China, the Shanghai composite rose 0.61% to close at 3,582.08 while the Shenzhen component advanced 1.411% to 14,960.66. China on Monday kept the one-year

NetEase (NASDAQ:NTES) had its target price lowered by Citigroup from $142.00 to $136.00 in a report released on Wednesday morning, Price Targets.com reports. Citigroup currently has a buy rating on the technology companys stock. NTES has been the topic of several other reports. Zacks Investment Research raised NetEase from a sell rating to a hold []

NetEase, Inc. (NASDAQ:NTES) declared a quarterly dividend on Friday, November 19th, Wall Street Journal reports. Shareholders of record on Wednesday, December 1st will be given a dividend of 0.225 per share by the technology company on Thursday, December 16th. This represents a $0.90 dividend on an annualized basis and a yield of 0.78%. The ex-dividend []