Original title: NetEase Cloud Music heard through the Hong Kong Stock Exchange: Q1 revenue 1.5 billion yuan online music payment rate 13.3% [TechWeb]News on August 1, according to the official website of the Hong Kong Stock Exchange, NetEase Cloud Music has passed the listing hearing and uploaded the post-hearing data set. The listing co-sponsors are Merrill Lynch, CICC and Credit Suisse. According to the latest data from the data collection, NetEase Cloud Music’s total revenue for Q1 in 2021 was 1.5 billion yuan, an increase of 74.6% year-on-year; the gross loss rate was significantly narrowed from 26.8% in Q1 in...