TME.N
Latest Trade
27.02USDChange
1.00(+3.84%)Volume
4,944,193Today's Range
-
27.3452 Week Range
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28.84As of on the New York Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 26.02 |
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Open | 25.92 |
Volume | 4,944,193 |
3M AVG Volume | 224.29 |
Today's High | 27.34 |
Today's Low | 25.86 |
52 Week High | 28.84 |
52 Week Low | 9.22 |
Shares Out (MIL) | 3,355.07 |
Market Cap (MIL) | 43,649.41 |
Forward P/E | 56.51 |
Dividend (Yield %) | -- |
China Literature Announces Disposal Of 39.8821% Stake In Shenzhen Lanren Online Technology
Tencent Music Entertainment Group Announces Acquisition Of Lazy Audio
Tencent Music Entertainment Group Announces Strategic Partnership And Investment In Wave
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
Price To Earnings (TTM) | 70.53 |
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Price To Sales (TTM) | 10.03 |
Price To Book (MRQ) | 5.71 |
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 |
China's Tencent Music Entertainment Group said on Friday it acquired audiobook platform Lazy Audio, owned by Shenzhen Lanren Online Technology Co, for 2.7 billion yuan ($417 million).
* Albertsons gains after raising annual sales, profit forecasts
U.S. stock index futures resumed their climb on Tuesday as investors looked to the earnings season this week for clues on the health of Corporate America and the economy while awaiting details on the next package of official economic stimulus.
Vivendi said a Tencent-led consortium would buy an additional 10% stake in Universal Music Group (UMG), home to The Beatles, in a deal valuing the label at 30 billion euros ($37 billion).
China could be doing Tencent a small favour. The technology titan’s acquisitive ways have led to a dominant position in online books, music streaming and e-sports. That strategy looks increasingly unsustainable as the country’s trustbusters intensify their scrutiny. Fewer...
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.
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.
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.
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.
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.
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.
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 <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.
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 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.
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.
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.
* Trump moves to ban WeChat, TikTok, amps up friction with Beijing (Updates to market close, adds analyst comments)
* Trump moves to ban WeChat, TikTok, amps up friction with Beijing
* Trump moves to ban WeChat, TikTok, amps up friction with Beijing
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.