Tencent’s Q3 Largely Beats While Gifting Meituan Shares To Shareholders [Forbes]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: Forbes
China Last NightKraneSharesKey NewsAsian equity markets posted small losses except for India which managed a small gain.The Asia dollar posted a loss of -0.23% versus the US dollar breaking a four-day win streak. Hong Kong and China were off on profit-taking after the recent surge higher with real estate underperforming as two companies issued more equity shares following their stocks jumping on recent PBOC policy support. Hong Kong internet stocks were mostly higher on reports of continued support for the sector with Hong Kong’s most heavily traded Tencent +2.22%, Alibaba HK -0.13%, and Meituan -2.46%. Tencent Music Entertainment (TME US, 1689 HK) jumped +29% in Hong Kong trading post yesterday’s financial results. US-China diplomatic relations took another step forward with US Treasury’s Janet Yellen meeting with the PBOC’s head Yi Gang in Bali while US businesses including Exxon Mobil, Cargill, and Boeing met with the National Development and Reform Commission in China.Dynamic zero
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TME
News
- Tencent Music Entertainment Group (NYSE: TME) had its price target raised by analysts at Mizuho from $13.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- At US$13.50, Is It Time To Put Tencent Music Entertainment Group (NYSE:TME) On Your Watch List? [Yahoo! Finance]Yahoo! Finance
- Analysts Are Updating Their Tencent Music Entertainment Group (NYSE:TME) Estimates After Its Full-Year Results [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-FPR Newswire
- Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024PR Newswire
TME
Earnings
- 3/19/24 - In-Line
TME
Sec Filings
- 5/6/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- TME's page on the SEC website