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Tencent Music: Post-Earnings Price Correction Is Overdone
Seeking Alpha· 2025-11-13 15:50
Core Viewpoint - Tencent Music Entertainment Group (TME) has maintained a Buy rating due to its third quarter results exceeding consensus expectations, and the stock's valuation has become more attractive following an unjustified price decline [1]. Group 1: Company Overview - Tencent Music Entertainment Group is a key player in the Asian equity market, particularly focusing on value investments in Hong Kong-listed stocks [2]. Group 2: Investment Strategy - The investment strategy emphasizes identifying deep value balance sheet bargains and wide moat stocks, targeting companies with significant discrepancies between market price and intrinsic value [1][2].