Tech giant NTES is a leading Chinese content and commerce company to name a few strings to its bow, the company reported strongly in the 3rd quarter last year and yet again its all-around regulatory concerns from Beijing. We like the stock believing it’s cheap trading around 20x Est earnings for 2022, similar to previous names we like NSET leaving room to average into another dip under $US90 & $US80.
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Monthly Update: Portfolio performance and positioning during October
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is bullish NTES around $US95
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Monthly Update: Portfolio performance and positioning during October
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