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Tencent Music Entertainment Group (TME)
After hours:
| Previous close | 4.0600 |
| Open | 4.1800 |
| Bid | 4.0500 x 3200 |
| Ask | 4.1100 x 40000 |
| Day's range | 4.0100 - 4.3150 |
| 52-week range | 2.9500 - 16.5300 |
| Volume | |
| Avg. volume | 20,466,617 |
| Market cap | 7.038B |
| Beta (5Y monthly) | 1.13 |
| PE ratio (TTM) | 11.80 |
| EPS (TTM) | 0.3450 |
| Earnings date | 21 Mar 2022 - 25 Mar 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 12.46 |
- Zacks
TME vs. DHX: Which Stock Should Value Investors Buy Now?
TME vs. DHX: Which Stock Is the Better Value Option?
- Reuters
Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing
China's Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday as hopes grew for a loosening of regulatory curbs on China's tech giants. As part of a broad clampdown on China's internet firms that began last year, regulators stripped Tencent Music of its exclusive contracts with big music labels, spurring competition from rivals like Cloud Music and Bytedance-owned short video sharing platform Douyin. Analysts said the revenue drop had been well flagged by Tencent Music, and shares gained 3.4% in after-hours New York trading as Chinese state media reported the country's top political consultative body was hosting a meeting on Tuesday with some firms on how to promote the digital economy.
- Motley Fool
3 Stocks to Avoid This Week
My "three stocks to avoid" column sometimes proved timely, as all three investments I figured would be in for a rough few trading days took double-digit percentage hits. This week, I see Coca-Cola (NYSE: KO), Blue Apron (NYSE: APRN), and Tencent Music Entertainment (NYSE: TME) as stocks you may want to consider steering clear of. There's been a flight to quality in recent months, and that explains why Coca-Cola hit an all-time high three weeks ago, when the general market was reeling.
