Netease Inc ( (HK:9999) ) just unveiled an announcement.
NetEase, Inc. has announced the filing of a post-effective amendment with the U.S. Securities and Exchange Commission to deregister unissued securities under its 2009 Restricted Share Unit Plan. This move is part of the company’s strategic decision to terminate the effectiveness of the registration statement, potentially impacting its financial structuring and signaling a shift in its equity management strategy.
More about Netease Inc
NetEase, Inc. is a technology company incorporated in the Cayman Islands, primarily engaged in providing online services centered around content, community, communication, and commerce. The company is known for its diverse portfolio, including online gaming, e-commerce, and advertising services, with a significant market presence in China.
YTD Price Performance: 13.08%
Average Trading Volume: 7,239,366
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$489B
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