Why Tencent, Tencent Music Entertainment, and iQiyi All Soared Today [Yahoo! Finance]
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
Shares of Chinese consumer tech stocks Tencent (OTC: TCEHY) Tencent Music Entertainment (NYSE: TME) , and iQiyi (NASDAQ: IQ) were rallying on Tuesday, up 6.5%, 15.7%, and 11.7%, respectively, as of 1:15 p.m. ET. On Tuesday, the Chinese government and central bank unveiled the country's biggest stimulus measures since the pandemic. Chinese stocks have been trading cheaply as the country has been experiencing economic weakness for some time, and these consumer-focused stocks were among those that soared in response to Beijing's latest plan to address that weakness. China cuts interest rates and lowers barriers to homebuying The People's Bank of China announced a slew of stimulus measures. These include lowering a variety of interest rates, such as the medium-term lending rate, prime rates, deposit rates, and the reverse repo rate, which is what banks receive for parking their funds at the central bank. In addition, China lowered the amount of reserves its banks need to keep on th
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News
- Is Tencent Music Entertainment Group (TME) a Solid Growth Stock? 3 Reasons to Think "Yes" [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group Releases Inaugural ESG ReportPR Newswire
- Tencent Music Entertainment Group (NYSE: TME) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $13.00 price target on the stock.MarketBeat
- Tencent Music Entertainment Group (TME): Among the Worst Affordable Stocks to Buy Under $10 [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (NYSE:TME) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
TME
Earnings
- 8/13/24 - Miss
TME
Sec Filings
- 8/13/24 - Form 6-K
- 7/26/24 - Form 6-K
- 7/12/24 - Form 6-K
- TME's page on the SEC website