Hong Kong Stocks Set for Gains on Tencent Optimism: Markets Wrap [Yahoo! Finance Canada]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: Yahoo! Finance Canada
Other Asian stocks were set for a cautious opening ahead of key US inflation data this week. Most Read from Bloomberg Equity futures for Hong Kong rose after the Golden Dragon Index surged on Monday to the highest level since September, spurred by an 11% gain in Tencent Music Entertainment after the online platform reported first-quarter results that beat expectations. Equity futures pointed to little change in Tokyo and Sydney shares on Tuesday. ADVERTISEMENT Stocks, bonds and the dollar in the US saw small moves just a few days ahead of the key consumer price index, which is projected to show moderation while still remaining too high to warrant rate cuts. US futures were steady in early Asia trading. Some prominent trading desks are warning that investors should gear up for a potential break in the calm that's come over stocks. The options market is betting the S&P 500 will move 1% in either direction after Wednesday's CPI, according to Andrew Tyler at JPMorgan Chase & Co.
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TME
News
- Tencent Music Entertainment Group (TME) Reported Solid Revenue and Earnings Growth in Q1 [Yahoo! Finance]Yahoo! Finance
- Thailand's GMM Music Valued At $700 Million After Tencent Buys Stake [Forbes]Forbes
- Surging Earnings Estimates Signal Upside for Tencent Music Entertainment Group (TME) Stock [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group to Hold Annual General Meeting on June 28, 2024 [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group to Hold Annual General Meeting on June 28, 2024PR Newswire
TME
Earnings
- 5/13/24 - In-Line
TME
Sec Filings
- 6/3/24 - Form 6-K
- 5/21/24 - Form 6-K
- 5/21/24 - Form 144
- TME's page on the SEC website