Tencent Music Entertainment Group (TME)

7.88
0.02 0.25
NYSE : Technology Services
Prev Close 7.90
Open 8.00
Day Low/High 7.81 / 8.12
52 Wk Low/High 7.03 / 32.25
Volume 14.31M
Avg Volume 10.87M
Exchange NYSE
Shares Outstanding 670.67M
Market Cap 27.29B
EPS 0.30
P/E Ratio 64.33
Div & Yield N.A. (N.A)

Latest News

China Puts Curbs on Private Tutoring, Mandates Higher Food Delivery Pay

China Puts Curbs on Private Tutoring, Mandates Higher Food Delivery Pay

Chinese regulators do not care how much stock market destruction they cause in the process of imposing these rules.

Chart Spells Bad News for Baidu While Apple and Amazon Perk Up

Chart Spells Bad News for Baidu While Apple and Amazon Perk Up

Shares of the Chinese search engine giant already are underperforming and could feel added pressure based on the stock's technical signals.

Sloppy Workmanship, Nasdaq Under Fire, Turning Down the Volume, Broadcast News

Sloppy Workmanship, Nasdaq Under Fire, Turning Down the Volume, Broadcast News

Plus, Elon Musk stirs the pot again in the cryptocurrency universe.

I'm Looking to Accumulate These Large-Cap Stocks

I'm Looking to Accumulate These Large-Cap Stocks

Right now it is institutional buyers steadily purchasing big-cap names that is driving the action.

I'm Building a Position in Tencent Music Entertainment

I'm Building a Position in Tencent Music Entertainment

There's no market energy right now but this can be a good environment for building some longer-term positions.

Jim Cramer: GameStop, AMC and the Chorus of 'Hold'

Jim Cramer: GameStop, AMC and the Chorus of 'Hold'

How can a company's stock be hostage to its own shareholders to do the job that the company can't?

Jim Cramer: There's No Off Switch to Speculation or Greed

Jim Cramer: There's No Off Switch to Speculation or Greed

Once you recognize that growth versus value is a false dichotomy than we can figure out what's ailing so much of the market.

Corrective Action Typically Ends With a Whimper, Not a Bang

Corrective Action Typically Ends With a Whimper, Not a Bang

We are close to capitulation for many market players right now.

Jim Cramer: Robbing Peter to Pay Paul

Jim Cramer: Robbing Peter to Pay Paul

Let's review this Archegos drama and some lessons from this fickle market.

As Financial Stocks Get Hit With the Archegos Debacle, Here Are the Ones I'd Buy

As Financial Stocks Get Hit With the Archegos Debacle, Here Are the Ones I'd Buy

Everyone knows the basics. Last week, the trading operation run by Bill Hwang known as Archegos Capital Management blew up.

Speaking Truth, Archegos Capital, Jobs Week, Corporate Tax Rate

Speaking Truth, Archegos Capital, Jobs Week, Corporate Tax Rate

Has the dire need for human involvement in the process of price discovery ever been more obvious?

Chinese Tech Stocks Sell Off After 'Missed' Archegos Margin Calls

Chinese Tech Stocks Sell Off After 'Missed' Archegos Margin Calls

Nomura, Credit Suisse warn profits will take a hit after a client - reportedly Archegos Capital Management - missed margin payments.

Jim Cramer: The Game Isn't Rigged, There's No Vast Conspiracy

Jim Cramer: The Game Isn't Rigged, There's No Vast Conspiracy

Stay focused and look for opportunity.

Questions for Monday Morning, How the Fed Reacts, the Railway Deal

Questions for Monday Morning, How the Fed Reacts, the Railway Deal

The Fed has probably refined what message that it wants to put forth and has sent the minions out to speak its current version of "truth".

4 Stocks to Watch Next Week for Trades

4 Stocks to Watch Next Week for Trades

There are possible long side trades with these names.

With Huawei in the Headlines, Let's Test Our Investing 'IQ'

With Huawei in the Headlines, Let's Test Our Investing 'IQ'

The U.S. is reportedly eyeing amending bans on U.S. companies working with the Chinese tech giant, and this is creating opportunities.

Has Investing in Chinese Stocks Gone to Pot?

Has Investing in Chinese Stocks Gone to Pot?

Political games of smoke and mirrors are making Asian trades look risky, but there may be another opportunity sprouting up.

The Virus Is in Control, Aggressive Fed Moves, How Low Equities?: Market Recon

The Virus Is in Control, Aggressive Fed Moves, How Low Equities?: Market Recon

Let's be clear. The virus is the problem, and the economy will contract, perhaps significantly so, regardless of policy efforts made to counteract this reality.

Alibaba's Singles Day Event: 4 Trends That Helped Drive Growth

Alibaba's Singles Day Event: 4 Trends That Helped Drive Growth

Compared with prior Singles Day events, Alibaba got a bigger sales lift this year from 'lower-tier' Chinese cities, and saw stronger promotional activity from big brands.

Remembering to Remember, Yield Curve Joy and Where We Stand: Market Recon

Remembering to Remember, Yield Curve Joy and Where We Stand: Market Recon

We also take a look at the charts of Costco Wholesale and Viacom to check out potential plays in both stocks.

My Two Cents on Tencent Music: Take a 'Long' Shot

My Two Cents on Tencent Music: Take a 'Long' Shot

This trade idea leaves plenty of time to see if the breakout takes hold without getting eaten alive by time decay.

Argentine Angst, FOMC Follies and Defending Defense Profits: Market Recon

Argentine Angst, FOMC Follies and Defending Defense Profits: Market Recon

Plus, if you think equities have been on an upward trajectory, you might want to give them a second, longer-term look.

A Few Thoughts on Apple, CannTrust and eSports

I know I haven't talked much about the overall markets today. My analysis falls well short of Dougie in this regard. I tend to trade or focus on specific sectors with volatility and action. That means I spend a lot of time with cannabis, eSports, Ch...

FOMC Policy Decision, Repairing the Economy, Trading Micron: Market Recon

FOMC Policy Decision, Repairing the Economy, Trading Micron: Market Recon

Equity markets had been hot. Real hot, going into this week's FOMC policy decision. Still no China trade deal.

Free Markets, the Scourge of Socialism, Tencent Music Earnings: Market Recon

Free Markets, the Scourge of Socialism, Tencent Music Earnings: Market Recon

You may recall that TME, the Chinese Music streaming business that IPO'd last December, while not a trade related play, certainly would be a Chinese growth play.

With GreenSky Stock I Tend to Use the Trade What You Know Approach

With GreenSky Stock I Tend to Use the Trade What You Know Approach

GSKY bulls watched as the stock lost two-thirds of its value from its post-IPO high and are now looking for news to turn the bearish tide.

Tencent Music Could Still Be Music to the Bulls' Ears

Tencent Music Could Still Be Music to the Bulls' Ears

It's okay to take some profits on TME but don't be surprised if the stock makes additional gains.