Tencent Music Entertainment Group ADR Class A Stock News

Investors were happy to crank Tencent Music (TME 11.78%) on Tuesday. Following the release of encouraging quarterly results by the China-based company, they sent its U.S.-traded American Depositary Shares nearly 12% higher in price on the day.

Tencent Music Entertainment Group (NYSE:TME ) Q2 2025 Earnings Conference Call August 12, 2025 7:00 AM ET Company Participants Kar Shun Pang - Executive Chairman Millicent T. - Head of IR Min Hu - CFO & Director Zhu Liang - CEO & Director Conference Call Participants Alex C.

Tencent Music Entertainment , surpassed second-quarter revenue expectations on Tuesday, driven by stronger subscriber growth and rising engagement with long-form audio content such as podcasts and audiobooks.

SHENZHEN, China , Aug. 12, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 202 5  Financial Highlights Total revenues were RMB8.44 billion (US$1.18 billion), rep...

Tencent, Atour, Kanzhun and Full Truck Alliance Are Poised To Climb Higher

SHENZHEN, China , July 15, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2025 before the U.S. market opens on Tuesday, August 12, 2025. TME's management will host a Tencent...

Tencent Music is refocusing on its core music streaming business, moving away from its "legacy" social entertainment segment. Management is also becoming more aware and active in unlocking the value of its non-paying user base. The recent $2.4 billion Ximalaya deal has improved its under-levered capital structure. There is considerable room for buybacks and leverage moving ahead.

Chinese billionaire Ma Huateng's tech giant Tencent is set to acquire a nearly 10% stake in K-pop agency SM Entertainment from billionaire Bang Si-hyuk's rival agency Hybe, as thawing relations between China and South Korea have signaled a potential rise in demand for Korean cultural exports.