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Tencent Music Entertainment Group (TME)

NYSE - Nasdaq Real Time Price. Currency in USD
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4.0700+0.0100 (+0.25%)
At close: 04:00PM EDT
4.0700 0.00 (0.00%)
After hours: 05:20PM EDT
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Trade prices are not sourced from all markets
Previous Close4.0600
Open4.1800
Bid4.0500 x 3200
Ask4.1100 x 40000
Day's Range4.0100 - 4.3150
52 Week Range2.9500 - 16.5300
Volume18,046,070
Avg. Volume20,438,830
Market Cap7.038B
Beta (5Y Monthly)1.13
PE Ratio (TTM)11.80
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Zacks

    TME vs. DHX: Which Stock Should Value Investors Buy Now?

    TME vs. DHX: Which Stock Is the Better Value Option?

  • Reuters

    UPDATE 3-Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

    China's Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday as hopes grew for a loosening of regulatory curbs on China's tech giants. As part of a broad clampdown on China's internet firms that began last year, regulators stripped Tencent Music of its exclusive contracts with big music labels, spurring competition from rivals like Cloud Music and Bytedance-owned short video sharing platform Douyin. Analysts said the revenue drop had been well flagged by Tencent Music, and shares gained 3.4% in after-hours New York trading as Chinese state media reported the country's top political consultative body was hosting a meeting on Tuesday with some firms on how to promote the digital economy.

  • Reuters

    Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

    China's Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday as hopes grew for a loosening of regulatory curbs on China's tech giants. As part of a broad clampdown on China's internet firms that began last year, regulators stripped Tencent Music of its exclusive contracts with big music labels, spurring competition from rivals like Cloud Music and Bytedance-owned short video sharing platform Douyin. Analysts said the revenue drop had been well flagged by Tencent Music, and shares gained 3.4% in after-hours New York trading as Chinese state media reported the country's top political consultative body was hosting a meeting on Tuesday with some firms on how to promote the digital economy.