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Tencent Music Entertainment Group - ADR

TME.N

Latest Trade

17.00USD

Change

0.29(+1.74%)

Volume

1,596,690

Today's Range

16.54

 - 

17.13

52 Week Range

9.22

 - 

17.96

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

Pricing

Previous Close
16.71
Open
16.59
Volume
1,596,690
3M AVG Volume
196.62
Today's High
17.13
Today's Low
16.54
52 Week High
17.96
52 Week Low
9.22
Shares Out (MIL)
3,355.07
Market Cap (MIL)
28,519.36
Forward P/E
37.32
Dividend (Yield %)
--

Latest Developments

More

Tencent Music Entertainment Group Announces Strategic Partnership And Investment In Wave

Temasek Holdings (Private) Ltd Cuts In Dell And Tencent Music

Tencent Reports Q3 2020 Unaudited Financial Results

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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

Tao Sang Tong

Chairman of the Board

Zhenyu Xie

President, Chief Technology Officer, Director

Cussion Kar Shun Pang

Chief Executive Officer, Director

Min Hu

Chief Financial Officer

Linlin Chen

Group Vice President - Kugou

Key Stats

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

2018

19.0K

2019

25.4K

2020(E)

29.2K
EPS (CNY)

2018

2.640

2019

2.930

2020(E)

2.962
Price To Earnings (TTM)
46.90
Price To Sales (TTM)
6.67
Price To Book (MRQ)
3.80
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
11.22
LT Debt To Equity (MRQ)
11.06
Return on Investment (TTM)
8.21
Return on Equity (TTM)
7.02

Latest News

Latest News

Tencent Music revenue beats estimates as paid subscribers jump

China's Tencent Music Entertainment Group <TME.N> reported on Tuesday a better-than-expected quarterly revenue as it added more paying users to its music streaming service, at a time when people are largely homebound due to the COVID-19 pandemic.

Tencent Music beats quarterly revenue estimates

China's Tencent Music Entertainment Group on Tuesday reported better-than-expected quarterly revenue as it added more paying users to its music streaming service, at a time when many people are homebound due to the COVID-19 pandemic.

US STOCKS-Futures muted ahead of jobless claims as economic recovery slows

U.S. stock index futures were subdued on Thursday as investors braced for another staggering weekly jobless claims figure, the latest evidence of a slowing economic recovery from a pandemic-led recession.

U.S.-China investment flows slide to nine year-low as bilateral tensions escalate

Investment between the United States and China tumbled to a nine-year low in the first half of 2020, hit by bilateral tensions that could see more Chinese companies come under pressure to divest U.S. operations, a research report said.

U.S.-China investment flows slide to 9 year-low as bilateral tensions escalate

Investment between the United States and China tumbled to a nine-year low in the first half of 2020, hit by bilateral tensions that could see more Chinese companies come under pressure to divest U.S. operations, a research report said.

Betting on Asia's debt, Europe's hunt for yield heads east

Low yields at home are sending some previously shy European investors into Asia's credit markets, money managers say, lured by the promise of higher returns and a hope that rebounding economies can hold defaults at bay.

WeChat U.S. ban worries to cloud Tencent results as investors seek clarity

China's Tencent Holdings will be under pressure to address concerns on the impact of a U.S. ban on WeChat-related transactions and outline its plans to mitigate any fallout as it reports second-quarter results on Wednesday.

Tencent Music executive says 'premature' to speculate over U.S. delisting

Tencent Music <TME.N> said on Tuesday that it was "premature" to speculate over a potential delisting, in response to a question on whether it had a plan to react to a recommendation from the Trump administration over auditing U.S.-listed Chinese firms.

Tencent Music revenue jumps 18%, beats estimates, as paid subscribers flock to expanded library

China's Tencent Music Entertainment Group (TME) <TME.N> said on Monday its quarterly revenue leaped 18%, beating Wall Street estimates, as it put more music for streaming behind its paywall and grew its paid subscriber base by more than half.

Tencent Music exec says "premature" to speculate over U.S. delisting

Tencent Music said on Tuesday that it was "premature" to speculate over a potential delisting, in response to a question on whether it had a plan to react to a recommendation from the Trump administration over auditing U.S.-listed Chinese firms.

Tencent Music beats quarterly revenue estimates on user additions

China's Tencent Music Entertainment Group beat Wall Street estimates for quarterly revenue on Monday, as the music streaming service added more paying users during coronavirus-induced lockdowns.

Slowing job growth, stimulus worries weigh on Nasdaq

The Nasdaq closed lower on Friday, as data showed a sharp slowdown in U.S. employment growth and investors worried lawmakers would fail to agree on another fiscal stimulus bill to bolster the economy from a coronavirus-induced recession.

US STOCKS-Slowing job growth, stimulus worries weigh on Nasdaq

* Trump moves to ban WeChat, TikTok, amps up friction with Beijing (Updates to market close, adds analyst comments)

US STOCKS-Slowing job growth weighs on Wall St; new stimulus eyed

* Trump moves to ban WeChat, TikTok, amps up friction with Beijing

US STOCKS-Slowing job growth weighs on Wall St as focus turns to stimulus

* Trump moves to ban WeChat, TikTok, amps up friction with Beijing

US STOCKS-Wall St retreats on slowing jobs growth, U.S.-China friction

* Trump moves to ban WeChat, TikTok, amps up friction with Beijing

US STOCKS-Wall St dips on slowing job growth, U.S.-China tensions

* Trump moves to ban WeChat, TikTok, amps up friction with Beijing

US STOCKS-Wall St set to dip on slowing job growth, U.S.-China tensions

* Trump moves to ban WeChat, TikTok amps up friction with Beijing

Factbox: WeChat owner Tencent investments in the United States and beyond

U.S. President Donald Trump has issued an executive order banning U.S. transactions involving Chinese social media and video game leader Tencent Holdings Ltd <0700.HK>, owner of messaging app WeChat, on national security grounds.

US STOCKS-Sino-U.S. tensions hit futures ahead of jobs report

U.S. stock index futures fell on Friday as President Donald Trump's moves to ban WeChat and TikTok intensified tensions with Beijing, while investors also braced for data likely to show a sharp slowdown in jobs growth in July.

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

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