Netease cloud music was listed today at an opening price of HK $205 and a market value of HK $42.59 billion


At 9:30 a.m. on December 2, Netease cloud music (Cloud Village) was listed on the main board of the Hong Kong Stock Exchange in the form of “cloud beating the Gong”, with the stock code of “9899”. The opening quotation of Netease cloud music is HK $205, corresponding to a market value of HK $42.59 billion. Currently reported at HK $202.8, down 1%.
Netease cloud music held a small-scale offline ceremony at its headquarters in Hangzhou, and held an online Gong beating ceremony at Netease Fuxi immersive activity system “Yaotai”. Ding Lei, CEO of Netease, delivered a speech on the spot, thanking all music lovers for their support. Netease cloud music executive team with 7 “cloud village villagers” sounded the gong for listing.