
"Stock Movement" NetEase Cloud Music fell 7% against the market, marking the third consecutive day of decline, with large sell-offs during yesterday's closing auction period

NetEase Music's stock price fell 7% against the market trend, marking the third consecutive day of decline, currently priced at HKD 222, down 12.9% from the closing price of HKD 255 on November 3. Yesterday, approximately 1.71 million shares were traded, involving HKD 384 million, with large sell-offs occurring, a trading volume of 46,200 shares at a transaction price of HKD 238.8. The Hang Seng Index rose by 467 points, closing at 26,402 points
According to the Economic News Agency on the 6th, NetEase Cloud Music (09899) is currently down 7%, trading at HKD 222, with a turnover of approximately 1.71 million shares, involving HKD 384 million. The stock reached a high of HKD 243 and a low of HKD 218.4. NetEase Cloud Music has fallen for three consecutive days, with the current price down 12.9% from the closing price of HKD 255.0 on November 3.
Yesterday afternoon at 04:08, there was a large sell-off in NetEase Cloud Music, with a trading volume of 46,200 shares at a transaction price of HKD 238.8, involving HKD 11.03 million. The stock dropped 4.3% shortly after the market opened yesterday to HKD 231.0, which was the lowest point of the day. The stock price then fluctuated upwards, closing with a decline of only about 1%, with a total trading volume of 482,790 shares and a total transaction amount of HKD 114.4 million.
Currently, the Hang Seng Index is at 26,402, up 467 points or 1.8%, with the main board turnover exceeding HKD 184.4 billion. The National Enterprises Index is at 9,329, up 166 points or 1.8%. The Hang Seng Technology Index is at 5,918, up 132 points or 2.3%. (vs)

