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Tencent Music’s revenue fell slightly in last year’s fourth quarter, but its profit more than doubled thanks to aggressive cost cuts.

Summer music festivals are back, and Chicago’s Lollapalooza is leading the charge with an impressive lineup of headliners including Kendrick Lamar , Billie Eilish and the Red Hot Chili Peppers . But for investors, attending the festival doesn''t have to mean just spending money on tickets and accommodations. There are several stocks in the music and events industry that could provide booming returns to cover the money that music lovers spent on their Lollapalooza tickets. An investor could consider Spotify Technology SA (NYSE: SPOT ), the world''s largest music streaming service with more than 489 million monthly active listeners. While the company missed its last earnings report, Guggenheim Partners on Wednesday upgraded the stock from Neutral to Buy, with a $155 price target. Tencent Music Entertainment - ADR (NYSE: TME ), a subsidiary of Chinese tech giant Tencent, is another stock … Full story available on Benzinga.com

https://www.investing.com/news/pro/tencent-music-entertainment-group-pt-raised-to-510-at-macquarie-432SI-3038094

https://www.investing.com/news/pro/tencent-music-entertainment-group-pt-lowered-to-820-at-citi-432SI-3036391

Good-looking earnings weren''t enough to satisfy the market, but is the stock now too cheap to ignore?

Tencent Music Entertainment Group (NYSE:TME) traded at $8.28 at close of the session on Friday, 12/30/22, made a downward move of -1.31% on its previous day’s price. Looking at the stock we see that its previous close was $8.39 and the beta (5Y monthly) reads 0.69 with the day’s price range being $8.04 – $8.37. … Tencent Music Entertainment Group (NYSE: TME) -1.31% Decline Turns Investors Off From Company Stock Read More »

Tencent Music Entertainment Group - ADR (NYSE: TME ) shares are trading lower by 5.19% to $8.03 during Wednesday''s session. Shares of several Chinese companies are trading lower amid concerns over increased COVID infections following the loosening of some restrictions . What''s Happening … Full story available on Benzinga.com

In today’s recent session, 5.37 million shares of the Tencent Music Entertainment Group (NYSE:TME) have been traded, and its beta is 0.77. Most recently the company’s share price was $8.34, and it changed around $0.28 or 3.47% from the last close, which brings the market valuation of the company to $14.07B. TME at last check … Tencent Music Entertainment Group (NYSE: TME) Could Soon Experience A Sharp Increase In Its Share Price. Read More »

Tencent Music Entertainment Group (NYSE:TME) traded at $7.83 at close of the session on Tuesday, 12/13/22, made an upward move of 1.82% on its previous day’s price. Looking at the stock we see that its previous close was $7.69 and the beta (5Y monthly) reads 0.69 with the day’s price range being $7.77 – $8.10. … Are Investors Inclined To Sell Their Tencent Music Entertainment Group (NYSE: TME) Holdings? Read More »

Bilibili Inc - ADR (NASDAQ: BILI ), New Oriental Education & Tech Grp (NYSE: EDU ), TAL Education Group (NYSE: TAL ) and Tencent Music Entertainment Group - ADR (NYSE: TME ) are all trading higher Thursday morning. Shares of several Chinese stocks at large are trading higher as China eases some zero-Covid restrictions . What''s Going … Full story available on Benzinga.com

SHENZHEN, China , June 20, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced the renewal of its strategic partnership with Time Fengjun Entertainment ("TF Entertainment") to support young Chinese musicians and create a more dynamic one-stop music entertainment experience for their users. Beyond the extension of cooperation, the renewed partnership enables TME users to have instant access to music from TF Entertainment''s artists 30-days before all other audio streaming platforms in China . TME has been supporting the careers of TF Entertainment musicians and helping them achieve success with robust capabilities in content creation, coupled with ample promotion resources. Artists including TFBOYS, Teens in Times and TF Family, and their music enjoy great popularity on TME''s QQ Music, Kugou Music, Kuwo Music, and WeSing platforms, while TFBOYS and Teens in Times have won multiple Tencent Music Entertainment Awards (TMEA).

Internet Radio Market Dynamics, Segmentation, Regional Analysis and SWOT Analysis of Players like Apple Music, Amazon Music, Tencent Music, Pandora, IHeartRadio, TuneIn, LiveXLive Media, Digitally Imported, Inc. London, UK -- ( SBWIRE ) -- 06/15/2022 -- Global Internet Radio Market research examines and forecasts global and regional market opportunities, as well as defining and segmenting the global market. Trends, opportunities, and challenges, as well as market drivers and restraints, are all explored. Market driving forces, market development restraints, PEST analysis, COVID-19 industry trends, market entrance strategy analysis, and more are all examined in the qualitative market analysis of the market research study. A study of the industry''s top players, an analysis of the market share of knowledge, the organization''s main lines of operation, product range, and cost structure, as well as an analysis of current industry trends and patterns, are among the report''s encompassing criteria.

Beijing Backs Off Didi But It Still May Not Be Time To Dive Into Chinese Names Submitted by QTR''s Fringe Finance The story two weeks ago was China reportedly starting to ease up its scrutiny on ridesharing company Didi (DIDI), marking what could be the beginning of the end of several years of Beijing clamping down on its own technology sector. It was a clamp down that resulted in U.S. listed China based technology stocks getting pummeled over the last year. As a result of the news on Monday, Didi shares scorched higher by about 50% as investors considered the idea of whether or not Chinese ADRs were once again investable. “Experts” are once again suggesting it’s okay to pile into China: Which raises the question of whether or not these investments are an oasis in a volatile ocean of investing right now, or simply a mirage. First off, I’d love to sit back and claim that I saw this coming and that I was right when I dabbled in Chinese stocks over the last year, but the fact is that I wasn’t right.

Tencent Music Entertainment (TME) has announced changes to its board, with one longtime director replaced by a Tencent (TCEHY) vice president