NetEase Shares Near Record High as China’s Gen Z Embraces Games

NetEase Inc. shares are closing in on their first new all-time high in over four years, as a wave of youthful consumerism adds to a host of positives for China’s game stocks.

Hong Kong-listed shares of the company behind hits like Eggy Party are roughly 7% away from their 2021 record. The stock ranks among the top gainers this year on indexes of Chinese tech and global game companies.