Photo Credit: NetEase NetEase has officially launched its over $400 million Cloud Village IPO, and the Chinese streaming service’s shares suffered a small valuation dip during their first day of trading. Cloud Village shares (HKSE: 9899) were worth about $26.31 (HK$205) apiece when the market opened this morning, factoring based upon the current exchange rate. Less than one hour into trading, though, the stock’s per-share worth declined to $25.67 (HK$200). Shares hovered around the price point for the remainder of the day, briefly rebounding to $25.95 (HK$202.20) each before finishing at a low of $25.66 (HK$199.90). The precise causes of Cloud Village stock’s relatively lackluster opening-day performance remain unclear. (Warner…