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New Street Research Insights

New Street Research

Research is provided by our team of experienced analysts. Our work is idea driven, based on independence of thought, sector expertise, and firmly focused on fundamentals and valuation of telecoms and internet names globally. New Street is headquartered in London with offices in New York, Singapore and Australia. 

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
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We also provide debt research on:
Pan European Telecom Services and Cable

Equity Bottom-Up

<p>We remain positive on the long-term prospects for <a href="https://www.smartkarma.com/entities/17203" target="_blank" data-smartkarma-citation="entities:17203:1">NetEase (NTES US)</a>, which we see as one of the dominant online game companies in China (along with <a href="https://www.smartkarma.com/entities/26" target="_blank" data-smartkarma-citation="entities:26:1">Tencent (700 HK)</a>).  However, in the short term, we are concerned that softness in mobile games is likely to extend through 3Q and into 4Q this year as hit titles mature. That is likely to continue to weigh on sentiment. Longer term we expect its position in online games to remain strong while its eCommerce efforts are also growing strongly. We have…</p>

We remain positive on the long-term prospects for NetEase (NTES US), which we see as one of the dominant online game companies in China (along with Tencent (700 HK)).  However, in the short term, we are concerned that softness in mobile games is likely to extend through 3Q and into 4Q this year as hit titles mature. That is likely to continue to weigh on sentiment. Longer term we expect its position in online games to remain strong while its eCommerce efforts are also growing strongly. We have…

We Expect Mobile Game Softness at Netease to Remain in 2017

NetEase Inc

We Expect Mobile Game Softness at Netease to Remain in 2017