Tencent Music Entertainment Group ADR (TME): Price and Financial Metrics

Tencent Music Entertainment Group ADR (TME): $6.22

0.44 (+7.61%)

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TME Price/Volume Stats

Current price $6.22 52-week high $7.66
Prev. close $5.78 52-week low $2.95
Day low $5.70 Volume 15,625,100
Day high $6.32 Avg. volume 14,011,457
50-day MA $4.33 Dividend yield N/A
200-day MA $4.54 Market Cap 10.54B

Tencent Music Entertainment Group ADR (TME) Company Bio

Tencent Music Entertainment Group (Chinese: 腾讯音乐娱乐集团) is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ MusicKugouKuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China. (Source:Wikipedia)

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Latest TME News From Around the Web

Below are the latest news stories about TENCENT MUSIC ENTERTAINMENT GROUP that investors may wish to consider to help them evaluate TME as an investment opportunity.

12 Best Asian Stocks To Buy Heading Into 2023

In this article, we discuss 12 best Asian stocks to buy heading into 2023. If you want to see more stocks in this selection, check out 5 Best Asian Stocks To Buy Heading Into 2023. On November 21, Citigroup became increasingly bullish on Chinese equities, upgrading Hong Kong to Overweight in Asia, noting that Beijing’s […]

Yahoo | November 24, 2022

Tencent Music stock jumps after J.P. Morgan recommends investors buy

The U.S.-listed shares of Tencent Music Entertainment Group surged 3.6% in afternoon trading Tuesday, after J.P. Morgan recommended investors buy into the China-based streaming music and audio entertainment company, as the online music business has evolved from being a cost center to a profit driver. Analyst Alex Yao raised his rating to overweight, after being at neutral for the past 15 months, while boosting his stock price target to $7.70 from $4.80. As Tencent's online music business has gro

Yahoo | November 22, 2022

Tencent Music Entertainment Group Announced Performance Report for Its Overseas Service by Tencent Musician Platform

Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, reported the performance for its overseas promotion and distribution service by Tencent Musician Platform. The report demonstrates TME's steadfast efforts in empowering Chinese musicians and their high-quality music, and helping China's music culture extend its reach.

Yahoo | November 22, 2022

Tencent Music Entertainment Group to Hold Annual General Meeting and Class Meetings on December 30, 2022

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 it will hold its annual general meeting of shareholders (the "AGM") at the Hong Kong Club Building, 10th Floor, 3A Chater Road, Central, Hong Kong on Friday, December 30, 2022 at 9:55 A.M. (Beijing/Hong Kong Time) (or soon after the Class A Meeting and the Class B Meeting, both of which are defined below), for the purpose

Yahoo | November 22, 2022

Why Alibaba, Tencent Music Entertainment, and Huya Rallied This Week

Better-than-feared earnings and a real estate rescue package from the government helped beaten-down Chinese internet stocks find their footing.

Yahoo | November 18, 2022

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TME Price Returns

1-mo 69.48%
3-mo 21.72%
6-mo 46.35%
1-year -10.76%
3-year -49.96%
5-year N/A
YTD -9.20%
2021 -64.40%
2020 63.88%
2019 -11.20%
2018 N/A
2017 N/A

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