NetEase: Maturing Game Titles Lead to Weaker Results

China Online Gaming: Structural Shifts Reinforce Tencent and Netease. Tencent Remains Our Top Pick

This Chinese Internet Giant Is Building an All-In-One Platform

China Online Games: Tencent and NetEase Increasingly Dominant.

China Internet Gaming: Increasingly Competitive as Tencent Expands

China Internet: Sector Inputs Supportive for Tencent and NetEase.

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<p><a href="https://www.smartkarma.com/entities/17203" target="_blank" data-smartkarma-citation="entities:17203:1">Netease (NTES US)</a>  filed a confidential F-1 (prospectus) for NetEase Media and it could launch an IPO as early as this year. The company has no comment beyond the press release and details on their motivation which we detail below. We think the carved-out company will consist primarily of the mobile news app (news related live broadcasting) and not other live broadcast businesses. This app is under-appreciated by markets so an IPO of that business makes sense. The news should be seen as positive…</p>

Netease (NTES US)  filed a confidential F-1 (prospectus) for NetEase Media and it could launch an IPO as early as this year. The company has no comment beyond the press release and details on their motivation which we detail below. We think the carved-out company will consist primarily of the mobile news app (news related live broadcasting) and not other live broadcast businesses. This app is under-appreciated by markets so an IPO of that business makes sense. The news should be seen as positive…

Netease (Neutral) Looks to an IPO for Its Mobile News App.