NTES: Largely Inline With Slight Upside In 3Q18 Due to Weak Season In e-Commerce; Policy In Games And Negative Impact On Ad From Slowing Economy
NTES will report 3Q18 results on November 14th after the markets close followed by an 8pm EST conference call. Based on our proprietary data and calculations, NTES’s 3Q18 revenue is likely to be slightly above our model and largely inline with or slightly above consensus expectation at RMB16,812.1M.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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