Group 1 - The Nasdaq China Golden Dragon Index recorded a 1.49% increase, reflecting strong interest in popular Chinese concept stocks [1] - Tencent Music Entertainment Group was a standout performer, with its stock price soaring nearly 12% after reporting Q2 revenue of 8.44 billion yuan, a year-on-year increase of 17.9% [1] - Online music service revenue for Tencent Music grew by 26.4% to 6.85 billion yuan, with adjusted net profit rising by 33.0% to 2.64 billion yuan [1] - Weibo's stock rose over 3%, while e-commerce giants JD.com and Alibaba also saw gains exceeding 3%, indicating investor optimism in the Chinese e-commerce sector [1] - Baidu and iQIYI experienced increases of over 2%, contributing to an overall upward trend in technology stocks [1] Group 2 - Tencent Music reported a 6.3% year-on-year increase in online music paying users, reaching 124.4 million, with average revenue per paying user rising from 10.7 yuan to 11.7 yuan [1] - The company aims to continue its long-term growth strategy by focusing on product innovation and enhancing user engagement, while collaborating with industry partners to advance the Chinese music industry [2]
腾讯音乐领涨12%带动中概股走强，纳指中国金龙指数涨1.49%