Core Insights - Tencent Music (TME) opened with a 7.51% increase on August 12, reaching $24.405 per share, with a total market capitalization of $37.801 billion [1] - For the fiscal year ending June 30, 2025, Tencent Music reported total revenue of 15.798 billion RMB, reflecting a year-on-year growth of 13.43%, and a net profit attributable to shareholders of 6.7 billion RMB, which is a significant increase of 115.85% [1][2] Company Overview - Tencent Music Entertainment Group, listed on both the New York Stock Exchange (TME) and the Hong Kong Stock Exchange (1698), is a leading online music and audio entertainment platform in China, operating popular music products such as QQ Music, Kugou Music, Kuwo Music, and WeSing [3] - The company provides a wide range of services including online music, audio streaming, karaoke, live performances, and social interactions centered around music, enhancing user engagement and retention [3] - Tencent Music has a vast library of content, including licensed, self-produced, and co-created materials, and collaborates closely with music labels and content owners for copyright protection and artist empowerment [3]
腾讯音乐上涨7.51%，报24.405美元/股，总市值378.01亿美元