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Tencent Music Entertainment Group - ADR

TME

Latest Trade

7.90USD

Change

-0.08(-1.00%)

Volume

7,851,055

Today's Range

7.71

 - 

7.99

52 Week Range

7.03

 - 

32.25

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
7.98
Open
7.89
Volume
7,851,055
3M AVG Volume
374.07
Today's High
7.99
Today's Low
7.71
52 Week High
32.25
52 Week Low
7.03
Shares Out (MIL)
3,385.14
Market Cap (MIL)
13,506.72
Forward P/E
22.30
Dividend (Yield %)
--

Next Event

Q3 2021 Tencent Music Entertainment Group Earnings Release

Latest Developments

More

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

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About Tencent Music Entertainment Group - ADR

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.

Industry

Computer Services

Contact Info

17/F, Malata Building, Kejizhongyi Road

SHENZHEN, GNG

518057

China

+86.755.86013388

https://www.tencentmusic.com/

Executive Leadership

Cussion Kar Shun Pang

Executive Chairman of the Board

Zhenyu Xie

President, Chief Technology Officer, Director

Zhu Liang

Chief Executive Officer, Director

Min Hu

Chief Financial Officer

Linlin Chen

Group Vice President - Kugou

Key Stats

2.22 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2018

19.0K

2019

25.4K

2020

29.2K

2021(E)

32.1K
EPS (CNY)

2018

2.640

2019

2.930

2020

2.950

2021(E)

2.282
Price To Earnings (TTM)
21.24
Price To Sales (TTM)
2.74
Price To Book (MRQ)
1.68
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
10.51
LT Debt To Equity (MRQ)
10.32
Return on Investment (TTM)
7.81
Return on Equity (TTM)
6.64

Latest News

Latest News

US STOCKS-Wall St subdued on inflation data, Apple drop

* Dow and S&P flat, Nasdaq up 0.08% (Updates prices, adds comment)

US STOCKS-S&P 500, Dow fall after inflation data; Big Tech supports Nasdaq

* Indexes: Dow down 0.29%, S&P down 0.13%, Nasdaq up 0.03% (Updates to open)

US STOCKS-Wall St set to rise after Biden-Xi call, oil bounce

* Futures up: Dow 0.46%, S&P 0.42%, Nasdaq 0.43% (Updates prices, adds comment)

US STOCKS-Futures rise after Biden-Xi call, oil bounce

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.

S&P 500, Nasdaq nab all-time closing highs as Powell soothes taper fears

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...

US STOCKS-S&P 500, Nasdaq hit record closing highs as Powell calms taper fears

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...

US STOCKS-S&P 500, Nasdaq set for all-time closing highs as Powell sooths taper worries

* Indexes up: Dow 0.68%, S&P 0.88%, Nasdaq 1.23% (Updates to mid-afternoon trade, changes dateline, byline)

Wall Street rallies as Fed jitters wane, but ends down for the week

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.

US STOCKS-Wall Street bounces back as taper jitters fade

* Indexes up: Dow 0.66%, S&P 0.76%, Nasdaq 1.06% (Updates to late afternoon, changes dateline, byline)

Half a trillion dollars wiped from China markets in a week as clampdowns shatter confidence

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.

Apps in Beijing's crosshairs as crackdown heats up

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 takes copyright rules in stride, earnings beat estimates

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 steps up tech scrutiny with rules over unfair competition, critical data

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.

REFILE-Major hedge funds took stakes in Didi before probe announcement - U.S. filings

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.

CORRECTED-UPDATE 2-Tencent Music earnings beat estimates on subscriber, ad boost

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.

Tencent Music posts over 15% rise in quarterly revenue

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.

RPT-US STOCKS-Tech, cyclical stocks pull Wall St lower as China data sours mood

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.

US STOCKS-S&P 500, Dow drop from peaks as China data sours mood

* Indexes down: Dow 0.74%, S&P 0.59%, Nasdaq 0.79% (Updates to open)

US STOCKS-Futures fall as China data sours global mood

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 regulator bars Tencent from exclusive rights in online music

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.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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