NTES-S (09999.HK) -2.500 (-1.693%) Short selling $50.71M; Ratio 12.616% 's newly released game, “NARAKA: BLADEPOINT”, is currently ranked No. 3 on the iOS game grossing chart, with 40 million pre-registrations, Jefferies released a research report saying. The game is expected to become a large DAU game that emphasizes on game balance and innovation.
If the game continues to stay in the top 3 position of the game grossing chart, Jefferies believed that NTES-S' first month revenue will exceed RMB1 billion. Jefferies kept rating at Buy on the Group, with a target price of $129.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-26 12:25.)
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