financetom
Business
financetom
/
Business
/
Why NetEase (NTES) Stock Is Rising
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why NetEase (NTES) Stock Is Rising
Jul 22, 2024 8:33 AM

NetEase Inc ( NTES ) shares are trading higher by 2.46% to $93.60 during Monday’s session amid strength in Chinese stocks are trading higher after China lowered key interest rates.

Lower interest rates typically reduce borrowing costs for consumers. This can lead to increased discretionary spending as consumers have more disposable income. NetEase ( NTES ), being a major player in online gaming and digital entertainment, would benefit from higher consumer spending on its platforms and services.

The rate cuts are aimed at stimulating the broader economy by encouraging investment and consumption. An improved economic outlook generally boosts investor confidence, leading to higher stock prices across sectors. As part of the Chinese tech sector, NetEase ( NTES ) would benefit from this overall economic stimulus.

Lower interest rates also make borrowing cheaper for companies. This allows businesses like NetEase ( NTES ) to finance expansion, invest in new technologies, or enhance their product offerings at a lower cost. Such strategic investments can lead to higher future revenues and profits, positively influencing the stock price.

Read Also: Ford, GM Face Profit Decline As EV Sales Slow And Cyber Outages Persist

How To Buy NTES Stock

By now you're likely curious about how to participate in the market for NetEase ( NTES ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of NetEase ( NTES ), which is trading at $93.89 as of publishing time, $100 would buy you 1.07 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alaska Airlines to audit IT systems after global outage
Alaska Airlines to audit IT systems after global outage
Oct 31, 2025
Oct 31 (Reuters) - Alaska Air Group ( ALK ) said on Friday it is partnering with Accenture ( ACN ) to conduct an audit of its IT systems, after an outage earlier this week grounded its flights across the U.S. The disruption stemmed from a global outage affecting Microsoft's ( MSFT ) Azure platform, which has impacted Alaska Air's...
Bank of America picks Manelski and Zuberi to run global markets unit, memo shows
Bank of America picks Manelski and Zuberi to run global markets unit, memo shows
Oct 31, 2025
Oct 31 (Reuters) - Bank of America ( BAC ) promoted Denis Manelski and Soofian Zuberi to become presidents and co-heads of global markets and made several other leadership changes in its trading arm, according to an internal memo seen by Reuters on Friday. The second largest U.S. bank looks to build momentum in sales and trading after 14 consecutive...
Astrotech Appoints Scott Bartley as Interim CFO
Astrotech Appoints Scott Bartley as Interim CFO
Oct 31, 2025
04:40 PM EDT, 10/31/2025 (MT Newswires) -- Astrotech ( ASTC ) said late Friday it named Scott Bartley as interim chief financial officer, starting Oct. 20. Bartley has served as a financial consultant since 2011 and as a consultant at Bridgepoint Consulting since 2018, according to a statement. Jennifer Canas delivered notice to the company's board on Oct. 17 about...
Pfizer sues Metsera, Novo Nordisk over breach of merger deal
Pfizer sues Metsera, Novo Nordisk over breach of merger deal
Oct 31, 2025
Oct 31 (Reuters) - Pfizer ( PFE ) on Friday filed a lawsuit against Metsera ( MTSR ) and Novo Nordisk, accusing them of breaking a merger agreement and interfering with the deal. (Reporting by Kamal Choudhury in Bengaluru; Editing by Anil D'Silva) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved