HU-TMEG@EC2703A

Tencent Music Releases 2025 Annual Report, Revealing Financial and Equity Data

TME-SW to Release FY2026 Q1 Earnings on May 12 Pre-Market (BJT), Forecast Revenue HKD 9.014 B

TME Stock Undervalued, Intrinsic Value Estimated at $14.75

Asset Management One Reduced Holdings in Tencent Music

Nomura Downgrades Tencent Music's Target Price to $12.5

China Resources Wenhua and Tencent Music Sign Strategic Cooperation Agreement

TME Submits 2025 Annual Report

Tencent Music Entertainment reports profit growth of 59.7% in 2025 fiscal year

Tencent Music Launches TME CONNECT Wireless Hi-Fi Audio Transmission Technology

Tencent Music Launches New Ticketing Platform 'Goose Ticket'

Dolby Labs and Tencent Music Partner to Introduce Dolby AC-4 for Enhanced Audio Experience on QQ Music

Eastern Securities Maintains Buy Rating on Tencent Music Group A Shares

Jay Chou's New Album Sales Exceed 100 Million RMB

Dolby Laboratories and Tencent Music Collaborate to Enhance Dolby Atmos Experience

Shanghai Pudong Development Bank Maintains Buy Rating on Tencent Music A Shares

FactSet: Tencent Music Entertainment Group ADR target price median cut to 16.1 USD

Jay Chou's New Album 'Children of the Sun' Begins Pre-sale

Morgan Stanley and Benchmark Downgrade Tencent Music's Stock Rating and Target Price

TME Reports 2025 Q3 Financial Results

Mizuho Securities Downgrades TME's Target Price to $23

RONGZUN INT’L H

ASIA PIONEER

CENTRALCHINA MT

TOMO HOLDINGS

WANDA HOTEL DEV

HENGDELI

CH NETCOMTECH

TRANSTHERA-B

HAIZHI TECH GP

INTELLIMARK W27

01698

01347

00HSI

STECH

The Hang Seng Tech Index rose over 3% intraday, while the Hang Seng Index increased by 1.54%. Kuaishou surged over 7%, Hua Hong Semiconductor climbed more than 6%, and Tencent Music, Kingsoft, and Baidu all gained over 5%.

CoinLive

TME-SW

HUA HONG SEMI

Hang Seng Index

Hang Seng TECH Index

KUAISHOU-W

Tencent Music

KINGSOFT

BIDU-SW

Baidu

KUAISHOU-WR

Hua Hong

BIDU-SWR

STOCKS | Hang Seng Tech Index Rises Over 3% Amid Broad Gains in Hong Kong Stocks

Tencent Music Entertainment Group has announced May 20, 2026, as the record date for shareholders to vote at its annual general meeting. Share transfer documents must be submitted by specified cut-off times. Holders of American Depositary Shares can direct The Bank of New York Mellon on how to vote. The company warns that cancelling ADSs on that date will affect voting eligibility. The latest analyst rating for Tencent Music's stock (HK:1698) is a Buy with a price target of HK$69.00.

Tip Ranks

Bank of NY Mellon

BANK OF NEW YORK MELLON CORP DEP SHS REPG 1/4000TH INT SER K PFD

Tencent Music Sets Record Date for 2026 AGM Voting Eligibility

UNVGY

SPOT

Communications services declined as traders moved away from consumer sectors amid rising oil futures. Federal Reserve Chairman Jerome Powell indicated that high gas prices could negatively impact consumer spending. Meanwhile, Universal Music Group's shares increased following strong revenue growth from subscriptions and streaming, and the company announced plans to use part of its Spotify stake for a buyback program.

- Communications services experienced a decline as traders shifted away from consumer-oriented sectors amid rising oil futures.  
- Federal Reserve Chairman Jerome Powell indicated that high gas prices could negatively impact consumer spending, mentioning that oil prices have yet to peak.  
- In contrast, Universal Music Group reported significant revenue growth from subscriptions and streaming, leading to an increase in its share price and plans for a larger buyback program.

MorningStar

Universal Music Group N.V.

Warner Music Group - CL

Spotify

Communications Services Slip on Retreat From Consumer Sectors — Communications Services Roundup

Tencent Music Entertainment Group (NYSE:TME) is currently trading at US$9.25, reflecting significant declines over various time frames. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 37.3%, with an estimated intrinsic value of US$14.75 per share. Additionally, the company's P/E ratio of 8.99x is well below industry averages, indicating further undervaluation. Recent discussions highlight Tencent Music's competitive position in China's online music market and regulatory scrutiny, contributing to fluctuating investor sentiment.

- Tencent Music Entertainment Group's stock closed at US$9.25, reflecting significant declines over various periods, including a 48.2% drop year to date.  
- The company appears undervalued, with a Discounted Cash Flow analysis suggesting an intrinsic value of US$14.75 per share, indicating a 37.3% discount to current pricing.  
- Additionally, its P/E ratio of 8.99x is well below industry averages, further supporting the argument for undervaluation based on comparing traditional metrics and forward-looking narratives.

Simplywall

Is Tencent Music Entertainment Group (NYSE:TME) Pricing Reflect Recent Slide And DCF Upside Potential

09618

09899

BABA

BIDU

NTES

01024

03690

UBS released investment ratings and target prices for Chinese technology stocks, including Tencent, Alibaba, JD, and several other companies. The specific ratings are as follows: Tencent (Buy, HKD 780), Meituan (Buy, HKD 128), Baidu (Buy, USD 170), Alibaba (Buy, USD 170), JD (Buy, USD 48), Pinduoduo (Buy, USD 198), Vipshop (Neutral, USD 20), NetEase (Buy, USD 180), Kuaishou (Buy, HKD 68), Tencent Music (Neutral, USD 13), NETEASE MUSIC (Buy, HKD 300), Bilibili (Buy, USD 37.5), iQIYI (Buy, USD 2.5), JOYY (Buy, USD 80), Weibo (Buy, USD 12.8), Hello Group (Buy, USD 8.8), China Literature (Buy, HKD 50), Focus Media (Buy, RMB 9.8), BOSS Zhipin (Buy, USD 23), Trip.com (Buy, USD 80), Tongcheng Travel (Buy, HKD 26.5), TAL Education (Buy, USD 19.5), New Oriental (Buy, USD 80), and Zhongjiao Holdings (Buy, HKD 4.1)

AASTOCKS

JD-SW

NETEASE MUSIC

Alibaba

NetEase

iQIYI

MEITUAN

UBS Group AG

TENCENT

Tencent

Meituan

BABA-W

JD.com

Vipshops

NTES-S

Bilibili

BILIBILI-W

JOYY

Weibo

WB-SW

Hello

CHINA LIT

Focus Media

Kanzhun

BOSS ZHIPIN-W

Trip.com

TRIP.COM-S

TONGCHENGTRAVEL

TAL Edu

New Oriental EDU & Tech

NEW ORIENTAL-S

CHINA EDU GROUP

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

JD-SWR

Trip.com HK SDR 50to1

UBS lists investment ratings and target prices for Chinese technology stocks (Table)

Tencent Music Entertainment Group Releases 2025 ESG Report | TME Stock News

StockTitan

Tencent Music Entertainment Group Releases 2025 ESG Report | TME Stock News

Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F | TME Stock News

Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F | TME Stock News

HU-TMEG@EC2703A(29002.HK)

STOCKS | Hang Seng Tech Index Rises Over 3% Amid Broad Gains in Hong Kong Stocks

Tencent Music Sets Record Date for 2026 AGM Voting Eligibility

Communications Services Slip on Retreat From Consumer Sectors — Communications Services Roundup

Is Tencent Music Entertainment Group (NYSE:TME) Pricing Reflect Recent Slide And DCF Upside Potential

UBS lists investment ratings and target prices for Chinese technology stocks (Table)

Tencent Music Entertainment Group Releases 2025 ESG Report | TME Stock News

Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F | TME Stock News