01698 TME-SW
- 62.500
- +2.200+3.65%
TME-SW News
Weekend Readings | Buffett's “mysterious” holdings are in Chubb Insurance, losing Munger's Daily Journal and starting to cut back...
This article analyzes 10 “investment giants” including Berkshire Hathaway, The Daily Journal, Gao Lin HLR, Jing Lin, Qiaoshui, Baillie Gifford, ARK, Fisher Price, and Pershing Plaza.
Hong Kong stock bullish stocks this week | Vanke Enterprise rose nearly 40%, Sunac China rose more than 30%; Bilibili recorded four consecutive gains
Excellent performance boosted the stock price. Tencent Music accumulated a cumulative increase of nearly 19% during the week, and many institutions raised their target prices.
Tencent Music To Go Ex-Dividend On May 31st, 2024 With 0.137 USD Dividend Per Share
May 18th - $Tencent Music(TME.US)$ is trading ex-dividend on May 31st, 2024. Shareholders of record on May 31st, 2024 will receive 0.137 USD dividend per share on June 27th, 2024. The ex-dividend
Top 5 Tech And Telecom Stocks That May Fall Off A Cliff In Q2
As of May 17, 2024, five stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum
This week's US stock bullish stocks | Chinese securities group carnival! The China Index rose more than 6% during the week. After Tencent Music's performance, it soared 16%, and Shell achieved six consecutive gains
With strong support from Damo, Dell Technology's stock price surged by more than 11% in one day to a record high. At the same time, it also boosted the weekly share price of ultra-microcomputers, which are also AI server vendors, up about 13%.
Wall Street bosses are optimistic about China Securities! Not only Bank of America and Temasek, but also these star funds have greatly increased their positions
① In the first quarter of this year, many foreign-funded institutions bought Chinese securities or related ETFs in a big way, showing their confidence in China's asset prospects; ② Chinese internet giants such as Pinduoduo, Ali, JD, and Baidu became their favorite targets.
Futu Morning Post | The four major voting committees of the Federal Reserve joined forces; Ali rose more than 7%, Citron said it is expected to rise above $100
This is the “king of quantification”! Renaissance Technology's Q1 has already amassed two major meme stocks; Reddit surged more than 11% after the market and formed a partnership with OpenAI; Walmart rose nearly 7%, and Q1 earnings exceeded expectations, and full-year performance expectations were raised.
Tencent Music (1698.HK): Paid members added new record highs, and platform profit margins continued to rise
24Q1's revenue was 6.77 billion (yoy- 3.4%, qoq -1.8%). For 24Q2, we expect revenue of 7.38 billion (yoy +1.3%, qoq +9.1%). 24Q
US stock outlook | “Big bears” increase their holdings of Chinese technology stocks, strongly betting on JD and Ali; Meme shares continue to fall before the market
Before the Thursday market, the three major US stock indices rose slightly; the S&P 500 index broke through a new high! StockCharts: A technological shift points to a further rise; Adachi Insurance rose more than 7% before the market, and Buffett made a big position in the stock in the first quarter.
Goldman Sachs: Maintains Tencent Music-SW “Buy” Rating and Raises Target Price to HK$62.3
Goldman Sachs released a research report stating that maintaining the Tencent Music-SW (01698.HK) “buy” rating, the company's compound annual profit growth rate from 2024 to 2025 is 26%, and the target price is raised to HK$62.3. The company's first-quarter results beat expectations. Revenue was 2% and 3% higher than the bank's and market expectations, operating profit was 25% higher than the bank's expectations, and net profit was 12% and 11% higher than the bank's and market expectations, respectively.
The top four private equity firms revealed the “US stock report card”: Pinduoduo is still proud of Gao Yi and Gao Yi, but Jing Lin quietly reduced its positions
① The latest moves by Chinese private equity institutions such as Gao Yi, Gao Yi, Jing Lin, and Himalaya have recently been revealed; ② Overall, Chinese securities are still popular among Chinese institutions, especially Pinduoduo, and are also famous in the leading positions of Gao Yi, Gao Yi, and Jing Lin; ③ However, Jing Lin drastically reduced its holdings of Pinduo by 1.1 million shares in the first quarter, which is at odds with Gao Yu and Gao Yi's move to increase positions.
Bank Ratings | CCB International: Raising Tencent Music's Target Price to HK$66.3 to Maintain “Outperform the Market” Rating
GLONGHUI, May 16 | CCB International published a research report showing that Tencent Music's revenue for the first quarter of this year fell 3% year-on-year, which was better than market expectations, mainly due to a sharp increase of 43% year-on-year in online music service revenue during the period. Among them, the number of paying users increased 20% to 113 million, driving 39% growth in the music subscription business. It is expected that strong business performance and improving gross margin will continue into the second quarter, driving continued profit growth. The bank also said that the company announced its first annual dividend, describing it as being pleasantly surprised to raise the 2024-2026 profit forecast by 5% to 6%, and raise the target price from HK$47.6 to HK$47.6
I made a double profit! The two giants simultaneously increased their holdings in Pinduoduo, and Gao Lin weighed nearly 10 billion yuan
With the successive disclosure of the US Stock 13F Report, private equity giants' latest positions have surfaced.
Futu Morning Post | The three major US stock indices hit new highs! Ultramicrocomputers and Nvidia explode together
“New Federal Reserve News Agency”: The Federal Reserve may still not cut interest rates until September; “Big Short” Michael Burry took a heavy gold position in the first quarter.
Huya Upgraded as It Evolves Beyond Live Streaming: Morgan Stanley
Tencent Music (01698) 1Q24 Results Conference: Self-developed audio models are expected to be slightly better than expected profitability in 2024
1Q24 results meeting
Tencent Music Entertainment Q1 Subs Hit Record High, 2 Analysts Raise Forecasts
Tencent reported "strong" results, "with Core music revenue growth beating by 5 points on record-high subscriber net adds and advertising outperformance."
Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating
Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating.
Shares of US-listed Chinese Stocks Are Trading Lower in Sympathy With Alibaba, Which Dropped After Mixed Q1 Earnings. Additionally, Biden Is Expected to Increased Tariffs Targeting Multiple Chinese Sectors.
Shares of US-listed Chinese Stocks Are Trading Lower in Sympathy With Alibaba, Which Dropped After Mixed Q1 Earnings. Additionally, Biden Is Expected to Increased Tariffs Targeting Multiple Chinese Se
Planet Fitness To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Roth MKM cu
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