---
title: "Tencent Music Announces New Hong Kong Office Location"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224559377.md"
description: "Tencent Music Entertainment Group has announced a change in the address of its principal place of business in Hong Kong, effective January 10, 2025. This strategic move aims to enhance operational logistics and stakeholder engagement in the region. The company, a leader in the online music entertainment industry, focuses on the Chinese market and offers a range of music streaming services. Current market cap stands at HK$136.9B, with a year-to-date price performance of -6.67%."
datetime: "2025-01-10T10:10:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224559377.md)
  - [en](https://longbridge.com/en/news/224559377.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224559377.md)
generator: "portal-rs"
---

# Tencent Music Announces New Hong Kong Office Location

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Tencent Music Entertainment Group Class A ( (HK:1698) ) just unveiled an announcement.

Tencent Music Entertainment Group has announced a change in the address of its principal place of business in Hong Kong, effective January 10, 2025. This move reflects a strategic realignment as the company continues to maintain its presence in a key financial hub, potentially impacting its operational logistics and stakeholder engagement in the region.

**More about Tencent Music Entertainment Group Class A**

Tencent Music Entertainment Group is a leading player in the online music entertainment industry, known for providing a comprehensive range of music streaming services and entertainment products. The company primarily focuses on the Chinese market, leveraging its extensive digital platforms to offer music content and interactive entertainment experiences.

**YTD Price Performance:** -6.67%

**Average Trading Volume:** 76,566

**Technical Sentiment Consensus Rating:** Hold

**Current Market Cap:** HK$136.9B

Learn more about 1698 stock on TipRanks’ Stock Analysis page.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**