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johnsyn

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johnsyn

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Thursday, 05/16/2013 7:53:09 AM

Thursday, May 16, 2013 7:53:09 AM

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6:23 PM More on NetEase: The company has adopted an annual dividend policy under which it will pay out 20%-25% of net income in a given fiscal year. The announcement follows the January payment of a $1/share special dividend. NetEase's Q1 online game revenue (90% of total) rose 11% Y/Y. Ad sales +15%, all other services +65%. Opex -22% Q/Q (lower promotional spend) but +28% Y/Y (investments in new games).

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