Citi Updates On NetEase.com Starcraft II Launch (NTES)

Citi released a report on the launch of NetEase's (NASDAQ: NTES) Starcraft II in the beta testing stage.

According to Citi, "On March 16, 2011, NetEase's Starcraft II operation team announced on the game's official website that the client executable version of Starcraft II is now ready for download in preparation for the upcoming free open beta test. The operation team stated that it will likely announce the official open beta testing period in a few days, since it may take some time for players to download the executable version given the big size and it would like to give enough time for players to load the software."

NetEase has a Buy Rating and a $54 PT.

NetEase closed at $42.90 yesterday.