NetEase [HKG: 9999] opened 14% up after the Chinese gaming giant reported a better-than-expected first-quarter earnings. Net profit jumped 36% to CNY10.3 billion (USD1.4 billion), and revenue rose 7.4% to CNY28.8 billion from a year earlier. Its New York-listed shares [NASDAQ: NTES] surged over 14% yesterday.