Chinese internet giant NetEase reported strong first-quarter 2025 financial results, with net profit rising 35% and gaming revenue reaching 23.4 billion yuan, surpassing market expectations. This growth was driven by the resumed distribution of popular Blizzard games and the success of NetEase's self-developed games. NetEase's education platform, Youdao, also posted a notable performance, with first-quarter profit more than tripling to 104 million yuan (approximately $14.4 million) and revenue hitting 1.3 billion yuan. Following these results, NetEase's Hong Kong-listed shares surged 13.5% to 190.80 Hong Kong dollars, marking the largest single-day percentage increase in over three years. Meanwhile, Youdao's shares on the New York Stock Exchange closed 8.9% higher at $9.45. Separately, Tencent's first-quarter 2025 revenue rose 13% year-on-year, beating consensus estimates by 3%. Tencent's gaming revenue increased 24%, exceeding expectations by 8%, with gross receipts up 17% year-on-year and advertising revenue growing 20%, also surpassing forecasts.