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Tencent Music Entertainment Group (TME)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.36+0.06 (+0.37%)
As of 9:47AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close16.30
Open16.52
Bid16.41 x 1100
Ask16.44 x 1200
Day's range16.26 - 16.50
52-week range10.52 - 32.25
Volume1,129,349
Avg. volume34,249,474
Market cap27.69B
Beta (5Y monthly)1.02
PE ratio (TTM)42.72
EPS (TTM)0.38
Earnings date17-May-2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est27.39
  • Exclusive: China readies Tencent penalty in antitrust crackdown- sources
    Reuters

    Exclusive: China readies Tencent penalty in antitrust crackdown- sources

    China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least 10 billion yuan ($1.54 billion), significant enough for the State Administration of Market Regulation (SAMR) to make an example of it, both people said. Tencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped at 500,000 yuan per case, and for anticompetitive practices in some of its businesses, with music streaming in particular focus, said the sources.

  • Tencent Music Entertainment Group Sponsored ADR (TME) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Tencent Music Entertainment Group Sponsored ADR (TME) Outpaces Stock Market Gains: What You Should Know

    Tencent Music Entertainment Group Sponsored ADR (TME) closed at $18.97 in the latest trading session, marking a +1.93% move from the prior day.

  • Tencent Music appoints new CEO, chairman
    Reuters

    Tencent Music appoints new CEO, chairman

    Cussion had held the CEO's position from July 2016. Zhu has previously served as the vice president of Chinese technology giant Tencent Holdings Ltd, which controls Tencent Music. The Chinese music streaming platform said Tong Tao Sang, the company's current chairman, will resign from his position.