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Tencent Music Entertainment Group (1698.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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54.400-0.450 (-0.82%)
At close: 03:59PM HKT
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Previous Close54.850
Open54.150
Bid54.350 x N/A
Ask54.400 x N/A
Day's Range54.150 - 55.300
52 Week Range23.100 - 62.500
Volume15,000
Avg. Volume96,758
Market Cap186.709B
Beta (5Y Monthly)0.71
PE Ratio (TTM)30.73
EPS (TTM)1.770
Earnings DateAug 13, 2024 - Aug 19, 2024
Forward Dividend & Yield0.53 (0.98%)
Ex-Dividend DateMay 30, 2024
1y Target Est59.70
  • PR Newswire

    Tencent Music Entertainment Group Announces Poll Results of the 2024 Annual General Meeting

    Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 28, 2024 and all the proposed resolutions set out in the notice of the AGM dated May 21, 2024 were duly passed at the AGM.

  • Insider Monkey

    Tencent Music Entertainment Group (TME) Reported Solid Revenue and Earnings Growth in Q1

    Polen Capital, an investment management company, released its “Polen Emerging Markets Growth Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 1.48% gross and 1.25% net of fees in the quarter compared to 2.37% for the MSCI Emerging Markets Index. Emerging market securities rose in the […]

  • Reuters

    Tencent, Tencent Music to pick up 10% stake in Thailand's GMM Music for $70 million

    Tencent and its controlled entity Tencent Music will buy the stake through a combination of cash and a minority stake in music streaming app JOOX Thailand, valuing GMM Music at $700 million. In July 2023, GMM Music's parent company GMM Grammy approved a plan for spinning off the music unit and listing it on the Stock Exchange of Thailand. The deal will help GMM Music expand its business and fund innovation, the company said.