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24.11.2020 03:26:00

3 Reasons NetEase Is Still a Top Chinese Tech Stock to Own

NetEase's (NASDAQ: NTES) stock popped last week after the Chinese tech company posted its third-quarter earnings. Some investors might be reluctant to chase that rally, especially given that the stock has risen nearly 50% this year, but I think it's still a great buy, for three simple reasons.NetEase's revenue rose 27% year-over-year to 18.66 billion yuan ($2.75 billion) during the quarter, which met analysts' expectations and marked an acceleration from its previous quarters:\.MetricContinue reading
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