American depositary receipts of Chinese online gaming company NetEase (NTES)  soared more than 25% last month.

Why? Technical factors, an earnings beat and the unveiling of a large development slate of 41 games got investors high on this 18-year-old company, pushing its ADRs near all-time highs.

Measured in Chinese currency, NetEase has an impressive earnings trajectory, as revenue grew tenfold and profits jumped more than five fold in a decade. NetEase is a superb investment opportunity.

Started by William Ding, who is credited with boosting the growth of the Internet in China, NetEase develops and operates some of that country’s most popular online personal-computing and mobile games. It also offers advertising services, email services and e-commerce platforms.

NetEase is known for producing some of China’s most renowned and longest-running online PC games, including Fantasy Westward Journey II and New Westward Journey Online II.

In partnership with Activision Blizzard’s Blizzard Entertainment, NetEase operates some of the most popular international online games in China, including Diablo III: Reaper of Souls, Hearthstone: Heroes of Warcraft, StarCraft II and World of Warcraft.

NetEase’s game line-up has impressed investors. The company unveiled new entries in its flagship mobile franchise and is also attempting to bring legacy PC-game successes into the mobile world.

In addition, NetEase struck a deal with Microsoft to bring addictive sandbox success Minecraft to China. Investors are keenly looking forward to this deal.

And as one of the largest providers of free email services in China, NetEase has e-commerce ventures, Kaola and Wangyibao.

In terms of earnings, NetEase hasn’t had a bad quarter.

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