After joining the Nasdaq 100 early on this Wednesday, NetEase closed over 3 percent higher at around 150 dollars per share.
Analysts are now projecting the stock's full-year average price target will surpass 180 dollars.
The inclusion of NetEase in the Nasdaq 100 comes at a time of extreme volatility. The stock is down almost a quarter so far this year and up 37 percent compared with last year.
Even so, George Tkaczuk, senior portfolio manager with RCM Wealth Advisers says, based on the company's good performances in the past few quarters, investors generally like it.
"The reason we like it is, we saw some really good exhilaration in earnings and reve
