Netease, Inc. shares rise 1.03% after-hours as profit and revenue increased in Q2.

Netease, Inc. rose 1.03% in after-hours trading. The company reported a 27% increase in second-quarter net profit to 8.60 billion yuan, although this fell short of market expectations. Additionally, NetEase appointed Mr. Kok Chung Johnny Chan as an independent director to its board, enhancing its corporate governance.