Goldman Sachs: "Yanyun Sixteen Sounds" will be one of NetEase's most important releases and contributions next year

USHK News
2024.12.09 02:21

On December 9th, Jinshi Data reported that Goldman Sachs issued a research report stating that NetEase (09999.HK) confirmed that the PC version of "Yan Yun Shi Liu Sheng" and "Where Winds Meet" will officially launch at 10 AM Beijing time on December 27th, with the mobile version to follow. Goldman Sachs expects that the total sales for the first 12 months of the PC/mobile versions of "Yan Yun Shi Liu Sheng" will be RMB 1.8 billion and 2.4 billion, respectively, which corresponds to 7% of PC game revenue and 4% of domestic mobile game revenue in 2025. Goldman Sachs anticipates that this will be one of NetEase's most important game releases and contributions in 2025. The report indicates that as NetEase's game product line begins to release in the next two to three months, Goldman Sachs expects NetEase's revenue to accelerate growth compared to Q3 and improve visibility for 2025 performance. With Blizzard Entertainment's return in August 2024, the launch of new games will further drive strong growth in PC games. Goldman Sachs also expects NetEase's global game sales to significantly increase in 2025, as more games will be exclusively released globally by NetEase