U.S. stock market anomaly | NetEase (NTES.US) soars over 11%, with first quarter net profit up nearly 35% year-on-year.

According to the CITIC Finance app, on Thursday, NetEase (NTES.US) surged by over 11%, closing at $119.52. NetEase announced its performance for the first quarter of 2025, with a net income of 28.8285 billion Chinese Yuan, an increase of 7.4% year-on-year; gross profit was 18.5 billion Chinese Yuan (2.5 billion US dollars), up 8.6% year-on-year; net profit attributable to the company's shareholders was 10.301 billion Chinese Yuan (1.4 billion US dollars), an increase of 34.94% year-on-year.