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Tencent Music says China copyright rules unlikely to have big impact on online subscriptions
Tencent Music Entertainment Group Announces Second Quarter 2021 Unaudited Financial Results
Tencent Music Commits To Complying With All Requirements Set Forth In Decision By State Administration For Market Regulation Fully
TENCENT MUSIC ENTERTAINMENT GROUP operates online music entertainment platform and music applications in China. The Company's platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. The Company's main platform includes QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, Kuwo Live and others.
17/F, Malata Building, Kejizhongyi Road
Cussion Kar Shun Pang
Executive Chairman of the Board
President, Chief Technology Officer, Director
Chief Executive Officer, Director
Chief Financial Officer
Group Vice President - Kugou
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* Dow and S&P flat, Nasdaq up 0.08% (Updates prices, adds comment)
* Indexes: Dow down 0.29%, S&P down 0.13%, Nasdaq up 0.03% (Updates to open)
* Futures up: Dow 0.46%, S&P 0.42%, Nasdaq 0.43% (Updates prices, adds comment)
U.S. stock index futures rose on Friday, as signs of an easing in tensions between the United States and China added to recent data that soothed fears of a slowdown in the economic recovery.
Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this week, as U.S. Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent investors into the...
Wall Street rallied on Friday, with the S&P and the Nasdaq notching record closing highs for the fourth time this week as U.S. Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent investors into...
* Indexes up: Dow 0.68%, S&P 0.88%, Nasdaq 1.23% (Updates to mid-afternoon trade, changes dateline, byline)
Wall Street rallied to close sharply higher on Friday, closing a tumultuous week on easing concerns over whether the U.S. Federal Reserve could begin tightening its dovish monetary policy sooner than expected.
* Indexes up: Dow 0.66%, S&P 0.76%, Nasdaq 1.06% (Updates to late afternoon, changes dateline, byline)
China's tech stocks slumped to new lows on Friday and Hong Kong's benchmark index hit an almost 10-month trough, as an unrelenting series of Chinese regulatory crackdowns crushed investors' confidence.
U.S.-traded shares of several China-based tech-related firms, including Alibaba Holding, Tencent Music Entertainment Group and iQiyi, slid on Thursday in the wake of Beijing's findings that 43 apps illegally handled user data and directed their parent companies to fix the...
Tencent Music Entertainment Group said on Monday China's copyright rules were unlikely to have a big impact on its online subscriptions, and its chief executive believes regulators want to promote healthy development of the music industry.
China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies' handling of critical data.
Well-known hedge funds made big bets on Didi Global Inc, which went public in June just before Chinese regulators announced a probe of the ride-hailing company and its share price plummeted, new filings showed.
China's Tencent Music Entertainment Group beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.
Aug 16 - China's Tencent Music Entertainment Group posted a 15.5% rise in quarterly revenue on Monday, as its advertising business rebounded and more people subscribed to its music streaming platform.
Wall Street's main indexes fell on Monday, as glum data from China sparked fears of slowing global growth, spurring a risk-off sentiment and a move into defensive stocks amid political turmoil in Afghanistan.
* Indexes down: Dow 0.74%, S&P 0.59%, Nasdaq 0.79% (Updates to open)
The Dow and S&P 500 futures eased from record highs on Monday after underwhelming data from China, while focus was on the minutes of the Federal Reserve's July meeting and economic data later this week to gauge the pace of a U.S. recovery.
China's market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the online music market after its acquisition of China Music Corporation.
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