core business: As of the closing bell, the company was valued at more than 31 billion dollars in market capitalization, according to Global Times China. The rally made Net Ease the best performer among the top 10 stocks by weight in the S&P US Listed China 50 index on Thursday, all of which extended gains with 58 ranking the second by rising 3.92 percent. Shares of Net Ease surged 10.26 percent to close at 238.02 US dollars. For Q2, Net Ease reported marked growth in its core business, including a diverse portfolio of online games, e-commerce and innovative business and others, such as Youdao online education service and cloud music service. The quarterly earnings per American Deposit Share also surged 46.6 percent year over year to over 3.4 dollars. Its total revenue jumped 15.3 percent year over year to more than 2.7 billion dollars.
(news.financializer.com). As
reported in the news.
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