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Tencent Music Entertainment Group (TME)

ADR
Sell: $11.02|Buy: $11.23|Change: 0.13 (1.18%)

Open 

$11.09


Previous close 

$11.06


Trade high 

$11.35


Volume 

6,013,623


Year high 

$11.80


Year low 

$5.70


Dividend yield 

-


Market capitalisation 

$19.20 bn


P/E ratio 

26.58


ISIN 

US88034P1093


This share can be held in a Dealing accountSIPP

Share price

Performance 31/03/2024

1D | 1M | 3M | 1Y | 3Y ann | 5Y ann | 10Y ann


Total return (%)
Tencent Music Entertainment Group+ 1.18
More...

Company profile

TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

Sector 

Communication Services


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