NetEase Cloud Music Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:9899 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Sep 24	SellHK$11,797	Wang Yanfeng	Individual	129	HK$91.45
20 Sep 24	SellHK$34,022	Yong Li	Individual	372	HK$91.46
19 Sep 24	SellHK$11,477	Wang Yanfeng	Individual	128	HK$89.67
19 Sep 24	SellHK$33,266	Yong Li	Individual	371	HK$89.67
17 Sep 24	SellHK$11,559	Wang Yanfeng	Individual	128	HK$90.31
17 Sep 24	SellHK$33,504	Yong Li	Individual	371	HK$90.31
02 Sep 24	SellHK$52,566,001	Alibaba Group Holding Limited	Company	600,000	HK$87.61
09 Jul 24	SellHK$351,740,996	Alibaba Group Holding Limited	Company	3,900,000	HK$90.19
06 Jun 24	SellHK$274,719,193	Alibaba Group Holding Limited	Company	2,800,000	HK$98.11
17 Apr 24	SellHK$191,685,995	Alibaba Group Holding Limited	Company	2,200,000	HK$87.13
05 Mar 24	SellHK$27,000	Wang Yanfeng	Individual	300	HK$90.00

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 9899?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	6,679	0.00309%
Institutions	21,976,566	10.2%
General Public	54,298,913	25.1%
Public Companies	139,619,793	64.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 74.84% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
59.8%	NetEase, Inc.	129,034,168	HK$15.1b	0%	no data
4.9%	Alibaba Group Holding Limited	10,585,625	HK$1.2b	-29.8%	no data
4.8%	Yunfeng Capital	10,366,988	HK$1.2b	0%	74.69%
1.65%	Loyal Valley Capital	3,556,368	HK$415.7m	0%	7.94%
1.15%	The Vanguard Group, Inc.	2,474,777	HK$289.3m	0.37%	no data
0.51%	Orbis Investment Management Limited	1,096,294	HK$128.2m	0%	0.05%
0.47%	First Sentier Investors (Australia) IM Ltd	1,021,250	HK$119.4m	0%	0.04%
0.4%	BlackRock, Inc.	865,100	HK$101.1m	4.05%	no data
0.31%	Norges Bank Investment Management	673,306	HK$78.7m	0%	no data
0.29%	FMR LLC	632,865	HK$74.0m	-0.41%	no data
0.1%	GIC Private Limited	225,000	HK$26.3m	0%	0.01%
0.1%	First Sentier Investors (UK) IM Limited	216,762	HK$25.3m	0%	0.08%
0.079%	Australian Super Pty Ltd	169,734	HK$19.8m	0%	no data
0.069%	Dimensional Fund Advisors LP	148,871	HK$17.4m	35.3%	no data
0.059%	Matthews International Capital Management, LLC	127,000	HK$14.8m	2.96%	0.02%
0.037%	Harvest Fund Management Co. Ltd.	80,000	HK$9.4m	0%	no data
0.027%	WCM Investment Management, LLC	57,400	HK$6.7m	220%	no data
0.022%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	46,600	HK$5.4m	-14.8%	no data
0.021%	State Street Global Advisors, Inc.	45,150	HK$5.3m	-3.11%	no data
0.02%	Exchange Traded Concepts, LLC	43,550	HK$5.1m	-4.7%	0.01%
0.015%	Geode Capital Management, LLC	31,379	HK$3.7m	-1.19%	no data
0.012%	Acadian Asset Management LLC	26,400	HK$3.1m	0%	no data
0.012%	Lazard Asset Management LLC	26,000	HK$3.0m	0%	no data
0.012%	ICBC Credit Suisse Asset Management Co., Ltd.	25,000	HK$2.9m	0%	no data
0.0026%	Northern Trust Global Investments	5,500	HK$643.6k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 04:54
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NetEase Cloud Music Inc. is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lei Zhang	BofA Global Research
Xueqing Zhang	China International Capital Corporation Limited
Tommy Wong	China Merchants Securities (HK) Co., Ltd