NetEase Pipeline Strong, But China’s Woes Hit Stock

By | July 7, 2015

Scalper1 News

China’s NetEase (NTES) has a strong games pipeline, said an analyst in a bullish report that didn’t help the stock amid China’s economic woes. Those games continue to include Chinese rights to U.S.-based Activision Blizzard’s (ATVI) popular “World of Warcraft” and “StarCraft II.” Even so, the China-based video game firm’s stock price took a hit on Tuesday as a wide swath of U.S.-listed China stocks collapsed amid that nation’s economic woes. Scalper1 News

Scalper1 News