TME

Investor Moves

Name	Value	Action	Change	Price	Current Price
Baillie GiffordInvestor $90M9.7M shares TrimQ1 2026 $138M $9.28 $9.21
Jim SimonsRenaissance Technologies $61M6.6M shares TrimQ1 2026 $87M $9.28 $9.21

News

gurufocus.comIvonescimab with Chemotherapy Demonstrated a Statistically Significant Overall Survival Benefit Compared to Tislelizumab Plus Chemotherapy in 1L Treatment of Patients with Squamous NSCLC in the HARMONgurufocus.comMay 31

gurufocus.comEncouraging Global Phase II Ivonescimab Data in First-Line Metastatic Colorectal Cancer Presented at ASCO 2026gurufocus.comMay 30

prnewswire.comCoca-Cola's 2026 FIFA World Cup Anthem "JUMP" Lets the World Hear China's Voiceprnewswire.comMay 26

seekingalpha.comTencent Music: Trading User Growth For Ecosystem Dominanceseekingalpha.comMay 21

prnewswire.comTencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2026prnewswire.comMay 20

Trade TME

About Tencent Music Entertainment Group

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.

CEO: Zhu Liang
IPO Date: Dec 12, 2018

Market Data

Open: $8.58
High: $8.80
Low: $8.55
Volume: 18.7M
Avg Volume: 12.4M
52W High: $26.70
52W Low: $8.44

Valuation

Market Cap: $13B
Enterprise Value: $77B
Dividend Yield: 24.0%

Financials

Free Cash Flow: $9.9B
Revenue: $33B
Net Income: $11B
Cash: $8.5B
Debt: $3.8B

Events

EarningsAug 11

EPS est. 0.24