Why Is Everyone Talking About NetEase Stock?
NetEase (NASDAQ: NTES), one of China's oldest tech companies, recently made headlines for all the wrong reasons. China's crackdown on for-profit education companies sparked concerns about its e-learning subsidiary Youdao (NYSE: DAO), while new playtime restrictions for online games and a potential slowdown in new video game approvals cast dark clouds over its online gaming business.
Those concerns caused NetEase stock to lose nearly a third of its value over the past seven months. Let's review the threats and see if this sell-off has created a good buying opportunity.
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Source Fool.com
