NETEASE CLOUD MUSIC INC

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NETEASE CLOUD MUSIC INC (9899) Price Performance

NETEASE CLOUD MUSIC INC (9899) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Communication Services sector under the Internet Content & Information industry. The stock currently trades at HKD129.40, up 0.78% from the previous close.

Over the past year, 9899 has traded between a low of HKD128.40 and a high of HKD302.40. The stock has lost 14.4% over this period. It is currently 57.2% below its 52-week high.

NETEASE CLOUD MUSIC INC has a market capitalization of $28.18B, with a price-to-earnings ratio of 9.21.

About NETEASE CLOUD MUSIC INC

NetEase Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. It operates NetEase Cloud Music, an online music platform. The company also offers ancillary and social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie; membership subscription; contents sublicensing; and online advertising services on its online platforms, as well as sells digital music album and songs, and virtual items in live streaming platforms. In addition, it provides online music streaming services. The company was formerly known as Cloud Music Inc. and changed its name to NetEase Cloud Music Inc. in November 2024. The company was founded in 1999 and is headquartered in Hangzhou, China. NetEase Cloud Music Inc. is a subsidiary of NetEase, Inc.