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NetEase Cloud Music Inc. ( (HK:9899) ) just unveiled an update.
NetEase Cloud Music Inc. has called its annual general meeting for 23 June 2026 in Hangzhou, where shareholders will review the audited financial statements for the year ended 31 December 2025 and the accompanying directors’ and auditors’ reports. The agenda also includes re-election of one executive director and two independent non-executive directors, authorization for the board to set directors’ pay, and re-appointment of PricewaterhouseCoopers as auditor.
Shareholders will further vote on granting the board a general mandate to repurchase up to 10% of the company’s issued shares, excluding treasury shares, within a defined period, subject to Hong Kong listing rules. Another proposed mandate would authorize the board to issue, allot, and deal with additional shares, including transfers of treasury shares, providing the company with flexibility for future capital management and potential fundraising while remaining within regulatory limits.
The most recent analyst rating on (HK:9899) stock is a Buy with a HK$245.00 price target. To see the full list of analyst forecasts on NetEase Cloud Music Inc. stock, see the HK:9899 Stock Forecast page.
More about NetEase Cloud Music Inc.
NetEase Cloud Music Inc. is a China-based online music platform operator listed in Hong Kong. The company focuses on digital music streaming and related services, serving users primarily in mainland China through its cloud-based music ecosystem.
Average Trading Volume: 887,790
Technical Sentiment Signal: Hold
Current Market Cap: HK$25.72B
Learn more about 9899 stock on TipRanks’ Stock Analysis page.