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NetEase Drops as Rival Tencent's New Game Poses Competition

(Bloomberg) About $7 billion has been wiped off NetEase Inc.’s market capitalization this week as investors worry about competition from rival Tencent Holdings Ltd.’s upcoming party game.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsWall Street’s Furious Bull Run Gets Reality Check: Markets WrapHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsBitcoin Surges Past $42,000 Even as Stocks and Bonds Take a HitIsrael’s Wider War Has US Cautioning of ‘S ....

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Eqis Capital Management Inc. Takes Position in NetEase, Inc. (NASDAQ:NTES)

Eqis Capital Management Inc. bought a new stake in shares of NetEase, Inc. (NASDAQ:NTES – Free Report) during the 2nd quarter, Holdings Channel reports. The fund bought 10,034 shares of the technology company’s stock, valued at approximately $970,000. Other hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited […] ....

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NetEase, Inc. to Issue Quarterly Dividend of $0.50 (NASDAQ:NTES)

NetEase, Inc. (NASDAQ:NTES – Get Free Report) declared a quarterly dividend on Thursday, November 16th, Zacks reports. Stockholders of record on Friday, December 1st will be given a dividend of 0.495 per share by the technology company on Friday, December 15th. This represents a $1.98 annualized dividend and a dividend yield of 1.73%. The ex-dividend […] ....

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