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Tencent Music Entertainment Group - ADR

TME.N

Latest Trade

6.89USD

Change

-0.21(-2.96%)

Volume

2,591,612

Today's Range

6.84

 - 

7.14

52 Week Range

5.91

 - 

32.22

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

Latest Developments

Tencent Music Entertainment Group Says Co's Vice President Dennis Tak Yeung Hau Has Resigned

Jan 10 (Reuters) - Tencent Music Entertainment Group <TME.N>::ANNOUNCES MANAGEMENT AND DIRECTOR RESPONSIBILITY CHANGES.DENNIS TAK YEUNG HAU HAS DECIDED TO RESIGN FROM HIS POSITION FOR PERSONAL REASONS, EFFECTIVE JANUARY 31, 2022.HAU HAS SERVED AS COMPANY'S GROUP VICE PRESIDENT SINCE 2016.TENCENT MUSIC- ADRIAN YAU KEE MAK, INDEPENDENT DIRECTOR, WILL REPLACE EDITH MANLING NGAN AS CHAIRPERSON OF AUDIT COMMITTEE, WITH IMMEDIATE EFFECT.NGAN WILL CONTINUE TO SERVE AS AN INDEPENDENT DIRECTOR AND A MEMBER OF OUR AUDIT COMMITTEE.ROSS LIANG, CO'S CEO, WILL ASSUME HAU'S RESPONSIBILITIES IN MANAGING TME'S INTERNATIONAL BUSINESS.

Tencent Music Entertainment Group Reports Q3 Revenue Rose 3%

Nov 8 (Reuters) - Tencent Music Entertainment Group <TME.N>::ANNOUNCES THIRD QUARTER 2021 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE ROSE 3 PERCENT TO RMB 7.81 BILLION.QTRLY ONLINE MUSIC PAYING USERS REACHED 71.2 MILLION, INCREASING BY 37.7% YEAR-OVER-YEAR.TENCENT MUSIC - BASIC AND DILUTED EARNINGS PER ADS WERE RMB0.45(US$0.07) AND RMB0.44(US$0.07), RESPECTIVELY, IN Q3 OF 2021.TENCENT MUSIC - NON-IFRS BASIC AND DILUTED EARNINGS PER ADS WERE RMB0.61(US$0.09) AND RMB0.61(US$0.09), RESPECTIVELY, IN Q3 OF 2021.QTRLY ONLINE MUSIC SERVICES REVENUES GREW BY 24.3% YEAR-OVER-YEAR.QTRLY MOBILE MAU - SOCIAL ENTERTAINMENT USERS 205 MILLION, DOWN 12.8%.Q3 EARNINGS PER SHARE VIEW CNY 0.49, REVENUE VIEW CNY 7.84 BILLION -- REFINITIV IBES DATA.QTRLY MOBILE MAU - ONLINE MUSIC USERS WERE 636 MILLION, DOWN 1.5%.

Tencent Music says China copyright rules unlikely to have big impact on online subscriptions

Aug 17 (Reuters) - :TENCENT MUSIC CEO SAYS FULLY ACCEPTS POLICIES FROM CHINESE REGULATORY AUTHORITIES.TENCENT MUSIC CEO SAYS COPYRIGHT RULES UNLIKELY TO HAVE A BIG IMPACT ON ONLINE SUBSCRIPTIONS.TENCENT MUSIC CEO SAYS BELIEVES CHINESE REGULATORS KEEN TO PROMOTE HEALTHY DEVELOPMENT OF MUSIC INDUSTRY.Further company coverage: TME.N. (Reporting by Sophie Yu and Brenda Goh; Editing by Christopher Cushing). ((brenda.goh@thomsonreuters.com;)).

Tencent Music Entertainment Group Announces Second Quarter 2021 Unaudited Financial Results

Aug 16 (Reuters) - Tencent Music Entertainment Group <TME.N>::ANNOUNCES SECOND QUARTER 2021 UNAUDITED FINANCIAL RESULTS.Q2 REVENUE RMB 8.01 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 8.13 BILLION.QTRLY EARNINGS PER ADS RMB 0.49.QTRLY EARNINGS PER SHARE FOR CLASS A AND CLASS B ORDINARY SHARES RMB 0.24.QTRLY MOBILE MAU - ONLINE MUSIC 623 MILLION.QTRLY PAYING USERS - ONLINE MUSIC 66.2 MILLION.QTRLY PAYING USERS - SOCIAL ENTERTAINMENT 11.0 MILLION.

Tencent Music Commits To Complying With All Requirements Set Forth In Decision By State Administration For Market Regulation Fully

July 26 (Reuters) - Tencent Music Entertainment Group <TME.N>::TENCENT MUSIC ENTERTAINMENT - COMMITTED TO COMPLYING WITH ALL REQUIREMENTS SET FORTH IN DECISION BY STATE ADMINISTRATION FOR MARKET REGULATION FULLY.TENCENT MUSIC - SHALL IMPLEMENT RECTIFICATION PLAN TO, TERMINATE EXCLUSIVE MUSIC COPYRIGHT LICENSING ARRANGEMENTS WITHIN 30 DAYS FROM DATE OF DECISION.TENCENT - TO DISCONTINUE ARRANGEMENTS OFFERING HIGH ADVANCE LICENSING PAYMENT TO, SEEKS PREFERENTIAL LICENSING TERMS FROM COPYRIGHT OWNERS WITHOUT GROUNDS.

Tencent Music Entertainment Group Posts Q1 Revenue Of RMB 7.82 Bln

May 17 (Reuters) - Tencent Music Entertainment Group <TME.N>::ANNOUNCES FIRST QUARTER 2021 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE RMB 7.82 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 7.73 BILLION.IN QUARTER ONLINE MUSIC PAYING USERS REACHED 60.9 MILLION, INCREASING BY 42.6% YEAR-OVER-YEAR.BASIC & DILUTED EARNINGS PER ADS WERE RMB0.55(US$0.08) & RMB0.54(US$0.08), RESPECTIVELY, FOR Q1 OF 2021.QTRLY MOBILE MAU - ONLINE MUSIC 615 MILLION.ONLINE MUSIC SERVICES REVENUES GREW BY 34.5% YEAR-OVER-YEAR IN QUARTER.QTRLY PAYING USERS SOCIAL ENTERTAINMENT 11.3 MILLION.REVENUES FROM SOCIAL ENTERTAINMENT SERVICES AND OTHERS FOR Q1 2021 INCREASED BY 18.9% TO RMB5.08 BILLION (US$775 MILLION).NON-IFRS BASIC & DILUTED EARNINGS PER ADS WERE RMB0.70(US$0.11) & RMB0.69(US$0.11), RESPECTIVELY, FOR Q1 OF 2021.Q1 EARNINGS PER SHARE VIEW CNY 0.55 -- REFINITIV IBES DATA.

Tencent Music And Sony Music Entertainment Sign Multi-Year Extension Of Digital Distribution Agreement

May 17 (Reuters) - Tencent Music Entertainment Group <TME.N>::TENCENT MUSIC AND SONY MUSIC ENTERTAINMENT SIGN MULTI-YEAR EXTENSION OF DIGITAL DISTRIBUTION AGREEMENT.TENCENT MUSIC ENTERTAINMENT GROUP - TME WILL CONTINUE TO MAKE MUSIC FROM SME AVAILABLE ACROSS ALL ITS ONLINE MUSIC PLATFORMS IN MAINLAND CHINA.

Tencent Music Says Q4 Revenue Rose 14.3%

March 22 (Reuters) - Tencent Music Entertainment Group <TME.N>::ANNOUNCES FOURTH QUARTER AND FULL YEAR 2020 UNAUDITED FINANCIAL RESULTS.Q4 REVENUE ROSE 14.3 PERCENT TO RMB 8.34 BILLION.QTRLY MOBILE MAU ONLINE MUSIC 622 MILLION VERSUS 644 MILLION.QTRLY EARNINGS PER ADS RMB0.71.QTRLY PAYING USERS ONLINE MUSIC 56.0 MILLION VERSUS 39.9 MILLION.REVENUES FROM SOCIAL ENTERTAINMENT SERVICES AND OTHERS FOR Q4 INCREASED BY 8.2% TO RMB5.58 BILLION (US$854 MILLION).QTRLY NON-IFRS EARNINGS PER ADS RMB0.80.Q4 EARNINGS PER SHARE VIEW CNY 0.81, REVENUE VIEW CNY 8.33 BILLION -- REFINITIV IBES DATA.QTRLY PAYING USERS SOCIAL ENTERTAINMENT 10.8 MILLION VERSUS 12.6 MILLION.

Tencent Music Entertainment And Warner Music To From JV Music Label In China

March 22 (Reuters) - Tencent Music Entertainment Group <TME.N>::TENCENT MUSIC ENTERTAINMENT GROUP AND WARNER MUSIC SIGN MULTI-YEAR STRATEGIC LICENSING AGREEMENT AND AGREE TO ESTABLISH A JOINT VENTURE MUSIC LABEL IN CHINA.TENCENT MUSIC ENTERTAINMENT - TME WILL CONTINUE TO MAKE WARNER MUSIC'S REPERTOIRE AVAILABLE ACROSS ALL ITS ONLINE MUSIC PLATFORMS IN MAINLAND CHINA.TENCENT MUSIC ENTERTAINMENT GROUP - COMPANIES ALSO AGREED TO LAUNCH A NEW JOINT VENTURE RECORD LABEL.TENCENT MUSIC ENTERTAINMENT - WARNER MUSIC'S REPERTOIRE TO ALSO BE MADE AVAILABLE VIA TME'S ONLINE MUSIC PLATFORMS, ON CERTAIN CONNECTED DEVICES.

Spotify Reports 21.1% Passive Stake In Tencent Music Entertainment Group As Of Dec. 31, 2020 - SEC Filing

Feb 5 (Reuters) - Spotify Technology SA <SPOT.N>::SPOTIFY REPORTS 21.1% PASSIVE STAKE IN TENCENT MUSIC ENTERTAINMENT GROUP AS OF DEC. 31, 2020 - SEC FILING.

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

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