腾讯音乐(TME.US)美股盘前涨近5%报21.77美元。消息上，腾讯音乐刚刚公布三季度营收84.6亿元，同 比增20.6%，预估82.3亿元；营业利润27.1亿元，预估26.8亿元。财通证券此前指出，公司向音乐平台公 司拓展，具备龙头优势。同时，AI提升用户参与度及广告效果，驱动广告收入增长。(格隆汇) | TME 腾讯音乐 | | | | --- | --- | --- | | 20 750 4 -0.800 -3.71% | | 收盘价 11/11 15:59 美东 | | 21.770 ↑ 1.020 +4.92% | | 盘前价 11/12 04:04 美东 | | 三四四十月二日 中国选 | | ● 快捷交易 | | 最高价 21.550 | 开盘价 21.460 | 成交量 873.02万 | | 最低价 20.500 | 昨收价 21.550 | 成交额 1.81亿 | | 平均价 20.771 | 市盈率 M 22.48 | 总市值 321.4亿 (m) | | 振 幅 4.87% | 市盈率(静) 34.81 | 总股本 15.49亿 | | 换手率 1.62% | 市净率 2.727 | ...

Core Viewpoint - The music industry is expected to achieve dual growth in traffic and paid subscriptions through copyright expansion, as highlighted by Dongfang Securities' recent report [1] Group 1: Company Insights - Tencent Music's stock rose over 3% to $21.31, indicating positive market sentiment [1] - Tencent Music is expected to enhance its user base by acquiring Korean company SM and planning to acquire Ximalaya, which will likely attract K-pop and long audio users [1] - NetEase Cloud Music is maintaining stable traffic through independent artist incubation and K-pop copyright [1] Group 2: Industry Trends - The report suggests that both Tencent Music and NetEase Cloud Music can stabilize and improve traffic and payment rates through copyright supplementation and user operations [1] - The increase in the proportion of paid walls and the expansion of SVIP benefits are driving growth in ARPPU (Average Revenue Per Paying User) [1]

Core Viewpoint - Tencent Music Entertainment Group has announced a proposed acquisition of Ximalaya Holdings for a total cash consideration of $1.26 billion [1] Group 1: Acquisition Details - The acquisition agreement involves the cancellation of equity securities held by Ximalaya's shareholders and employee stock plan participants at the time of transaction closing [1] - The total consideration includes $1.26 billion in cash, issuance of Class A ordinary shares not exceeding 5.1986% of the total shares outstanding as of five working days prior to the transaction closing, and additional Class A ordinary shares not exceeding 0.37% of the total shares to be issued to founding shareholders post-closing [1] - Ximalaya will undergo a restructuring of certain existing businesses related to the transaction as per the acquisition agreement [1]