Hong Kong Stock Market Anomaly | NetEase Cloud Music (09899.HK) rose more than 4%, with a nearly 14% increase in gross profit in the first quarter. Institutions say that market competition is becoming more benign.

According to the Wise Finance APP, NetEase Cloud Music (09899.HK) is now up more than 4%, as of the time of publication, rising by 4.42% to 198.4 Hong Kong dollars, with a turnover of 2.08 billion Hong Kong dollars.