11.21日报

Group 1 - NetEase reported Q3 revenue of 28.4 billion, a year-on-year increase of 8.2%, and an adjusted net profit of 9.5 billion, up 13% year-on-year, indicating steady growth despite a slow pace [1] - High valuations for NetEase are attributed to its consistent performance, which contrasts with more aggressive competitors that have struggled [1] - Goldman Sachs significantly raised its copper price forecast, predicting a decade-long bull market due to limited existing copper mine supply, with a projected timeline of ten years to achieve supply-demand balance [1]