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UPDATE 1-Tencent Music files for Nasdaq IPO, first-half revenue surges [Reuters]

NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) 
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am Check Earnings Report
Company Research Source: Reuters
Tencent Music files for Nasdaq IPO, first-half revenue surges | Reuters 3 Min Read HONG KONG (Reuters) - Tencent Music Entertainment, which owns China’s most popular music apps, has filed for a U.S. IPO seeking funds to develop content and new services, in what is expected to be one of the biggest U.S. listings by a Chinese company this year. The music arm of tech giant Tencent Holdings ( 0700.HK ), which plans a Nasdaq listing, set a placeholder amount of $1 billion for registration purposes. Sources said last month it was hoping to raise $2 billion. With streaming apps QQ Music, Kugou, Kuwo as well as karaoke app WeSing, Tencent Music is China’s largest online music platform boasting more than 800 million monthly active users. It is often compared to Spotify Technology SA ( SPOT.N ), but the Chinese firm offers more in the way of socially interactive services that makes it profitable while its Swedish counterpart is not. Music-centric social entertainment services, which include Show less Read more
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