Tencent Music Stock News

By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice. -listed company's shares have. View the real-time TME price chart on Robinhood and decide if you want to buy or sell commission-free. The companies received the stock as part of driving a hard bargain during early licensing negotiations. China-based music streaming company Tencent Music Entertainment Group said it raised close to $1. The music streaming company is aiming for a valuation between. 12% volatile for recent the week and 3. Their predictions range from $12. China's Tencent said it plans to spin off its streaming music service on a U. Published Mon, May 13 2019 5:51 PM EDT. With 800 million monthly users across multiple apps and a profitable business, Tencent Music Entertainment is gearing up for one. Tencent Music Unveils CTS Strategy to Drive Platform and Ecosystem Growth PR Newswire SINGAPORE, Sept. 2% for the current month. As reported by the. The price target set for the stock is $16. Tencent Music (TME) , a subsidiary of China's Tencent Holdings Ltd. 23 billion through the IPO. Please generate a new image. 39% of the stock's price from yesterday's market close. Profitability Ratios:. Paris (AFP) - Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music industry, UMG's French owner said on Tuesday. Just weeks after Tencent Music's belated IPO on the New York Stock Exchange, JPMorgan has given a strong endorsement to the Chinese Music streamer, moving it from hold to buy with a $16. Tencent is one of the top ten companies by stock market valuation worldwide, at around $441 billion. Tencent Music Entertainment Group ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Stock Analysis News Price vs Fair Value The Schall Law Firm Announces it is Investigating Claims Against Tencent Music Entertainment Group and Encourages Investors with Losses in Excess of. All the latest news about Tencent from the BBC Tencent Music Entertainment Group raises $1. On this news, Tencent Music's American depositary. Tencent Music stock took a hit after the company announced its first-quarter earnings results in May, reporting revenue of $855 million and adjusted EPS of $0. More Tencent Music (NY:TME) 2018 07:34 PM Tencent Music Entertainment Group Announces Pricing of Initial Public Offering Free News Feed Get our RSS Feed!. Tencent Music Entertainment Group (TME - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The group will enter the New. Now the Chinese tech company has opened on the New York Stock. Tencent Music Entertainment, the leading music. After months of anticipation, China’s version of Spotify has finally made its U. Tencent Music Entertainment Group - ADR (NYSE: TME) stock fell over 7. 23 billion in a New York Stock Exchange IPO, according to a filing with the U. If a deal is confirmed, Shenzhen-based Tencent is to take 10 percent in Universal Music, with an option to pick up another 10. Tencent Music said its karaoke app WeSing has been topping the download chart in the Philippines’ Google Play in recent months after it was launched in Southeast Asia. After months of anticipation, China's version of Spotify has finally made its U. Tencent Music, after much delay, finally decided to go public amid today's tumultuous markets, pricing its IPO at the bottom of the $13-$15-per-share range, and raising only $1. The three largest record labels have all sold exclusive rights to a major chunk of their music catalogues to Tencent Music, which is controlled by social media titan Tencent Holdings Ltd, but also backed by Sony and Warner. View the real-time TME price chart on Robinhood and decide if you want to buy or sell commission-free. ST Invest is a wholly owned subsidiary of StockTwits, Inc. Explore commentary on Tencent Music Entertainment Group and hear. However, with Tencent Music Entertainment Group. Tencent Music's platform comprises. Tencent Music Entertainment, the leading music. Tencent's IPO of its music business failed to raise as much money as the internet giant had hoped. Securities products and services offered to self-directed investors through ST Invest, LLC. On August 27, 2019, Bloomberg reported that the State Administration of Market Regulation, China's antitrust authority, was investigating exclusive licensing deals between Tencent Music and major record labels including Universal Music Group, Sony Music Entertainment, and Warner Music Group. That could bode well for investors in Tencent Music when the stock hits the public markets. By comparison, the stock sank 0% over the past 12 months, while it slipped -2. 97, and this sets up an impressive set of potential movement for the stock. 57 and have yet to recover. Tencent's IPO of its music business failed to raise as much money as the internet giant had hoped. I can't read this. Real time Tencent Music Entertainment Group (TME) stock price quote, stock graph, news & analysis. Tencent Music Entertainment Group has been compared to Spotify - the two streaming companies even have investments in one another. Since October 2008, he has led the research and development of Tencent's social networking platform and value-added services. Tencent Music stock rose Tuesday as coverage was initiated on the Tencent Holdings spin-off that has grown to dominate China's music entertainment market. No news items about Tencent Music Entertainment ADS EACH REPR 2 A ORD The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the. Tencent Music Entertainment Group – ADR (NYSE: TME) stock rose over 0. China's largest music-streaming service. 8% to close at $12. Tao Sang Tong, center, Chairman of Tencent Music Entertainment, and Co-President Guomin Xie, right, strike the bell at the New York Stock Exchange to mark the Chinese company's IPO, Wednesday, Dec. Now the Chinese tech company has opened on the New York Stock. Music, Film, TV and Political News Coverage. The news comes after its IPO was priced at $13, at the low end of its $13-to-$15 per. Historical index on US Stock Market: B+ "Should I invest in Tencent Holdings stock?" "Should I trade "TCEHY" stock today?" According to our live Forecast System, Tencent Holdings Limited stock is an acceptable long-term (1-year) investment*. According to insider, Tencent Music plans sell 3% of its share to strategic partners, including record company. Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. The last reported price for shares of Tencent Music Entertainment Group (TME) was $13. Less than six weeks after Tencent’s belated flotation on the New York Stock Exchange, JPMorgan has endorsed the Chinese streaming giant by upgrading its stock from “hold” to “buy. On this news, Tencent Music's stock fell from $13. 51% in the last trading day ( Friday, 11th Oct 2019 ), rising from $13. Tencent Holdings, largely unknown outside China, is the world’s largest gaming company. com provides: stock quote, technical analysis, fundamental analysis, stock rating, stock news. powered by Microsoft News. Tencent Music Entertainment Group gained 1. The streaming platform added 2. On August 27, 2019, Bloomberg reported that China’s antitrust authority, the State Administration of Market Regulation, was investigating the exclusive licensing deals between Tencent Music and major record labels including Universal Music Group, Sony Music Entertainment, and Warner Music Group. Spotify's stock got a lift Wednesday though, rising about 3%. We provide comprehensive coverage of the most important news counting business, earnings reports, dividend, Acquisition & Merger and global news. The company's market cap is around $20. 47% volatile for the week and 3. The group will enter the New. Tencent Music Entertainment Group (NYSE:TME) is among the top losers of the stock market today, sinking -3. Facebook’s Libra Is a License to Print Money The Wall Street Journal Interactive Edition. 52% from the 200 days simple moving average. 57 and have yet to recover. Tencent Music Unveils CTS Strategy to Drive Platform and Ecosystem Growth. stock market debut. 07:42 PM ET. Tencent Music Entertainment’s initial public offering is back in motion, two months after the company reportedly postponed it amid a global sell-off. Tencent Music stock rose Tuesday as coverage was initiated on the Tencent Holdings spin-off that has grown to dominate China's music entertainment market. Find real-time TME - Tencent Music Entertainment Group stock quotes, company profile, news and forecasts from CNN Business. Member FINRA / SIPC. 8% (as of 12:10 pm GMT-4; Source: Google finance) after a weak start as it reported the slowest increase in a widely-watched. After months of anticipation, China's version of Spotify has finally made its U. Music, Film, TV and Political News Coverage. Despite solid reports, the company's shares went down by -9%. 11%, but has still tumbled -3. 97, and this sets up an impressive set of potential movement for the stock. Tencent Music Entertainment Group is set to raise $1. NEW YORK -- Shares of Tencent Music, the streaming division of the Chinese technology giant, rocketed higher Wednesday in its first trading session on the New York Stock Exchange. As reported by the. 16 Wall Street analysts have issued 1-year target prices for Tencent Music Entertainment Group's stock. Tencent announced a brief outline. Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1. Securities products and services offered to self-directed investors through ST Invest, LLC. web search NY - MAY 13: Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Shares of Tencent Music dropped. 81% volatile for recent the week and 3. Tencent Music said it raised close to $1. China’s Tencent Music revives US stock market listing worldnewsupdate99 Uncategorized December 3, 2018 0 Minutes The Chinese company has scaled back the scale of its share offering to $1. 06-11 zacks. Find real-time TME - Tencent Music Entertainment Group stock quotes, company profile, news and forecasts from CNN Business. How data is making the U. 23 billion in a New York Stock Exchange IPO, according to a filing with the U. 1 billion in an initial stock offering in the U. Under the ticker “TME. Tencent Music Entertainment Group has been compared to Spotify - the two streaming companies even have investments in one another. Tencent Holdings Limited, an investment holding company, provides Internet value-added services, mobile and telecommunications value-added services, and online advertising services in the People's Republic of China. Tencent Music Launches US IPO. Tencent Music and existing investors raised about $1. Tencent Music Entertainment has launched its initial public offering on the New York Stock Exchange. Tencent is the current majority shareholder in TME, and today (July 8) told its shareholders that the music company would now float on a “a recognized. 81% volatile for recent the week and 3. Tencent Music Entertainment Group gained 1. China-based music streaming company Tencent Music Entertainment Group (TME. China's answer to Spotify may push on with a $2 billion listing in New York this December, according to several. Tencent is planning to list its streaming music business, Tencent Music Entertainment Group, which is China’s biggest online music service. The Tencent Music Entertainment Group (NYSE:TME) is going up by 2. Tencent Music Entertainment Group - ADR (NYSE: TME) stock fell over 7. Stock Price Trend. ADR Stock - TCEHY news, historical stock charts, analyst ratings, financials, and today's Tencent Holdings Ltd. 35 at last check. 03M shares in trading volumes in the last trading session, way higher than the average trading volume of 6. We provide breaking financial technology news, opinions, announcements. The news comes after its IPO was priced at $13, at the low end of its $13-to-$15 per. March 19, 2019 - MarketWatch. Tencent Music Entertainment Group (TME) Shareholders Have Legal Options. Chinese streaming service provider Tencent Music Entertainment (TME) had a mixed stock performance in December, and as of January 14, it had fallen 7. Tencent Music and Spotify already have ties. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. 07 billion in a New York Stock Exchange (NYSE) listing. 23bn in a New York Stock Exchange IPO, according to a filing with the US Securities and Exchange Commission. As reported by the. stock market. 77 price level during last trade its distance from 20 days simple moving average was -4. Tencent Music raises $1. Tencent to spin-off online music unit Tencent Music for US listing. Analysts at Credit Suisse downgraded the company stock to a Neutral call from its previous Outperform stance, in a flash note that dated back to March 21. Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1. I can't read this. Tencent Music rules the music streaming market in China with a suite of apps through which users can listen to music, connect with other people to sing karaoke, or watch pop stars perform live. Tencent Music, after much delay, finally decided to go public amid today's tumultuous markets, pricing its IPO at the bottom of the $13-$15-per-share range, and raising only $1. stock market more open for all. Now the Chinese tech company has opened on the New York Stock. Short Selling. What's going on at Tencent Music Entertainment Group (NYSE:TME)? View breaking news headlines for TME stock from trusted media outlets at MarketBeat. Tencent Music said its karaoke app WeSing has been topping the download chart in the Philippines’ Google Play in recent months after it was launched in Southeast Asia. By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice. Read full articles from Tencent Music raises US$1b in US IPO and explore endless topics, magazines and more on your phone or tablet with Google News. 12% volatile for recent the week and 3. Analysts at Credit Suisse downgraded the company stock to a Neutral call from its previous Outperform stance, in a flash note that dated back to March 21. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. The listing raised about $1. No news items about Tencent Music Entertainment ADS EACH REPR 2 A ORD The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the. Tencent is said to be one of the biggest music services in the world, while the company provided a solid report for 2018, stating that the company scored 2. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet. Jul 09, 2018 · One of China's top tech companies plans to list its online music business in the United States. Tencent Music Entertainment Group - ADR (NYSE: TME) stock rose over 0. The decision by JPMorgan analysts comes just over a month after the Chinese firm began trading on the New York Stock Exchange under the symbol TME (on December 12). Just weeks after Tencent Music's belated IPO on the New York Stock Exchange, JPMorgan has given a strong endorsement to the Chinese Music streamer, moving it from hold to buy with a $16. Dec 09, 2018 · China's largest music streaming service has had a whirlwind year. 10/08/2019 Stocks fell despite news that Fed. Sunday, June 23, 2019. Universal Music Group and China's Tencent Music are testing the waters for public offerings as analysts forecast a "bullish" outlook for the sector. Tencent Music Entertainment has officially filed for an IPO in the U. 2% for the current month. buyout fund KKR and China's Tencent Music Entertainment Group are exploring rival bids for up to half of Vivendi's iconic Universal Music division, a deal potentially worth up to 20 billion. 1 billion in an initial stock offering in the U. quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell. Tencent Music Entertainment Group (TME) reported a 17. 07 billion and $1. The price target set for the stock is $16. 1bn in US IPO. Tencent Music said it raised close to $1. No news items about Tencent Music Entertainment ADS EACH REPR 2 A ORD The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the. BEIJING (Reuters) - Chinese streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company, meeting market expectations but exposing soaring licence and content production costs which pulled its shares down 6 percent. Monday, May 13, 2019. 44 points up from last closing price of $13. 0% in April and May. Its finances are a complex web, and its products are the backbone of urban Chinese digital life. Find the latest Tencent Music Entertainment Gro (TME) stock quote, history, news and other vital information to help you with your stock trading and investing. 07:42 PM ET. Tencent Music Entertainment (TME) is the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs. Tencent Music Entertainment Group (NYSE: TME) reported better-than-expected second-quarter results. Tencent Music Entertainment shares were indicated lower in pre-market trading Tuesday after the China-focused music streaming platform posted weaker-than-expected second quarter revenues and. 0% in April and May. Tencent Music Entertainment Group gained 1. Tencent, China's most valuable tech company and the operator of the popular WeChat social media platform, says it plans to spin off its streaming music service on a U. 66 million shares, as the stock started the trading session at the value of $13. While there was no news about the company, the stock likely rebounded due to strong fundamentals. Tencent Holding's stock has dropped by over 24% in the last year due to new Chinese regulations against its games and online direct lenders, but this is only tangentially related to Tencent Music. Does this decline mean it the best stock to buy right now? The shares seem to have an active trading volume day with a reported 3296755 contracts so far this session. Macquarie analyst Wendy Huang. Find out the latest news headlines for Tencent Music Entertainment Gro (TME). 07 billion from the pricing of its US public share offering. Forum zur Tencent Music Entertainment Aktie. Profitability Ratios:. 09 after jumping by 1. Tencent Music stock took a hit after the company announced its first-quarter earnings results in May, reporting revenue of $855 million and adjusted EPS of $0. Tencent is planning to list its streaming music business, Tencent Music Entertainment Group, which is China’s biggest online music service. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet. 17, 2019 SINGAPORE, Sept. stock market debut. Tao Sang Tong, center, Chairman of Tencent Music Entertainment, and Co-President Guomin Xie, right, strike the bell at the New York Stock Exchange to mark the Chinese company's IPO, Wednesday, Dec. The music streaming platform plans to raise between 1. March 19, 2019 - MarketWatch. The group will enter the New. Shares of Tencent (00700. According to the WSJ, the music-streaming company met with its underwriting team this week to discuss the price range Tencent Music would set for its hotly anticipated IPO, but they opted to wait several weeks over worries that the market turmoil would affect the pricing. Tencent Music Entertainment Group (TME) News - Find the latest company news headlines for Tencent Music Entertainment Group and all the companies you research at NASDAQ. Tencent Music stands to become the first listed Chinese music streaming business. The next, it drops 10%. Tencent Music Entertainment Group ADR Stock - TME news, historical stock charts, analyst ratings, financials, and today’s Tencent Music Entertainment Group ADR stock price. 20 apiece by mid-afternoon in New York, valuing the company at about $23. after pausing the process a couple of months ago because of a stock-market selloff. Track elected officials, research health conditions, and find news you can use in politics. For Investor Relations: [email protected] Shares in Tencent Music Entertainment Group, China's music streaming giant, jumped almost 10% on their first day of public trade in New York. The news comes after its IPO was priced at $13, at the low end of its $13-to-$15 per. Thursday in Manila). 23 billion U. Its stock price is up 26. powered by Microsoft News. Tencent Holdings LTD is based out of Admiralty. (Photo: Richard A Brooks, AFP) Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music. Start a 14-day free trial to Morningstar Premium to unlock our take on TME. 07 billion from the pricing of its US public share offering. Forbes Daily Cover Stories Why Spotify And Tencent Music May Swap Stock. Dowson is currently in charge of the strategy and business development of Tencent Music and Tencent's cloud and industry Internet business. 1% by Zacks Equity Research Published on June 11,2019 Tencent Music (TME) saw a big move last session, as its shares jumped more than 5% on the day, amid. Tencent Music Entertainment has officially filed for an IPO in the U. Barron's also provides information on historical stock ratings, target prices, company earnings, market. The sale could raise billions and result in a nice windfall for Naspers, which is still one of Tencent’s biggest shareholders. The Tencent Music Entertainment Group remained 3. Tencent Music Entertainment Group gained 1. Tencent Music, the music streaming subsidiary of Chinese internet giant Tencent, has filed for a U. All the latest news about Tencent from the BBC Tencent Music Entertainment Group raises $1. Tencent Music's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1. The group will enter the New. Dec 03, 2018 · Tencent Music Entertainment's initial public offering is back in motion, two months after the company reportedly postponed it amid a global sell-off. Lau told Reuters. Tencent Holdings LTD is based out of Admiralty. Please generate a new image. The music arm of tech giant Tencent Holdings is looking to raise between $1. TME rebounded. Tencent Music Stock Forecast: How Profitable Investing in Tencent (TME) is Get in touch. View the latest market news and prices, and trading information. listing reuters. While there was no news about the company, the stock likely rebounded due to strong fundamentals. Tencent Music Entertainment Group ADR stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. The company was formerly known as China Music Corporation. The recent performance of Tencent Music Entertainment Group (NYSE:TME) stock in the market spoke loud and clear to investors as TME saw more than 6. Shares in Tencent Music Entertainment Group, China's music streaming giant, jumped almost 10% on their first day of public trade in New York. 1bn in US IPO. China’s Tencent Music revives US stock market listing worldnewsupdate99 Uncategorized December 3, 2018 0 Minutes The Chinese company has scaled back the scale of its share offering to $1. 6 million paid users, which is a record since Q1 2018. Yesterday afternoon, investment banker Oppenheimer attempted to get a jump on that news, initiating coverage of Tencent Music Entertainment stock with an outperform rating and an $18 price target. While there was no news about the company, the stock likely rebounded due to strong fundamentals. TME stock quote, chart and news. IR Contacts. Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1. 47 points) to $12. Tencent Music (TME) , a subsidiary of China's Tencent Holdings Ltd. Real time Tencent Music Entertainment Group (TME) stock price quote, stock graph, news & analysis. 91, in the end touching the price of $14. On this news, Tencent Music ADSs fell 6. Our platform comprises our online music, online karaoke and music-centric live streaming services, supported by our content offerings, technology and data. Read full articles from Tencent Music raises US$1b in US IPO and explore endless topics, magazines and more on your phone or tablet with Google News. On Monday, Tencent Music Entertainment Group (NYSE:TME) reached at $12. 0% overnight to close trading at $14. 1 billion after pricing its shares at $13 apiece. Dowson joined Tencent in 2005. All the latest news about Tencent from the BBC Tencent Music Entertainment Group raises $1. Tencent Music Entertainment debuted on the New York Stock Exchange on Wednesday after pricing its initial public offering at the low end of expectations. Tencent Music Entertainment (TME) stock wavered Tuesday after the music streaming company reported quarterly earnings that edged Wall Street estimates Investor's Business Daily 08/13/2019 04:15. TME stock quote, chart and news. 77 price level during last trade its distance from 20 days simple moving average was -4. Now the Chinese tech company has opened on the New York Stock. Tencent Music Entertainment Group is an online music entertainment platform in China. Tencent Music, the music streaming subsidiary of Chinese internet giant Tencent, has filed for a U. Spotify and Tencent Music to buy stakes in each other Tech. Tencent Music rules the music streaming market in China with a suite of apps through which users can listen to music, connect with other people to sing karaoke, or watch pop stars perform live. Their predictions range from $12. Track elected officials, research health conditions, and find news you can use in politics. 1 billion), and that Tencent could the option to purchase an additional 10% of the music label. However, the stock has fallen 16. 00 in the next year. The company had hoped to raised as much as $1. TME is majority owned by Chinese media/entertainment giant Tencent Holdings, and trades on the New York Stock Exchange. 76 per share. Tencent Music rules the music streaming market in China with a suite of apps through which users can listen to music, connect with other people to sing karaoke, or watch pop stars perform live. 7% spike on the first day of trading counts as a decent debut for the second big ‘going public’ moment for a music-streaming company this year. Shares in Tencent Music Entertainment Group, China's music streaming giant, jumped almost 10% on their first day of public trade in New York. Tencent Music, China's largest music-streaming company, is preparing what would be one of the largest tech IPOs ever following the successful debut of its European counterpart Spotify. io Stock quotes supplied by Six Financial & Barchart. Create and manipulate a TENCENT MUSIC ENTERTAINMENT (NYQ:TME) stock price chart, with moving average, RSI & MACD overlays. That valued the company near $21. 48, and has now gained 4 days in a row. (TCEHY) goes public on the New York Stock Exchange on Wednesday. But even against that backdrop and a similar plight. Tencent music climbs in trading debut after. Hong Kong stock exchange on Sunday evening. -listed company's shares have. 97, and this sets up an impressive set of potential movement for the stock. HK) are traded on the Main Board of the Stock Exchange of Hong Kong. Global Business and Financial News, Stock Quotes, and Market Data and. The three largest record labels have all sold exclusive rights to a major chunk of their music catalogues to Tencent Music, which is controlled by social media titan Tencent Holdings Ltd, but also backed by Sony and Warner. Get quotes, news, returns, research and ratings, as well as charts, valuations, financial statements, estimates and ownership information on Tencent Holdings Ltd. IPO under symbol TME TENCENT filing for a US traded stock is a good thing for the firm. 1 billion in its U. Now the Chinese tech company has opened on the New York Stock. 97, and this sets up an impressive set of potential movement for the stock. The 19-year old company’s other businesses include Spotify equivalent Tencent Music and YouTube equivalent Tencent Video. TME, Tencent Music EntGrp ADS - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines. China's Tencent Holdings Ltd <0700. 2% for the current month. 77 price level during last trade its distance from 20 days simple moving average was -4. SPOTIFY: stock quote, chart and news. 1bn (£870m), based on an. Tencent Music stands to become the first listed Chinese music streaming business. 7%, on the stock market today. Tencent Holdings LTD is based out of Admiralty. 1 billion IPO Tencent Music Entertainment Group climbed in its U. 91, in the end touching the price of $14. Tencent Music, after much delay, finally decided to go public amid today's tumultuous markets, pricing its IPO at the bottom of the $13-$15-per-share range, and raising only $1. What's going on at Tencent Music Entertainment Group (NYSE:TME)? View breaking news headlines for TME stock from trusted media outlets at MarketBeat. Tencent, China's most valuable tech company and the operator of the popular WeChat social media platform, says it plans to spin off its streaming music service on a U. , a widely expected move. Tencent Music started at outperform with $18 stock price target at Oppenheimer MarketWatch. Amazon gains approval to stock and sell groceries in India Business News. The company had hoped to raised as much as $1. business Personal Finance. Tencent Music, which dominates. Shares are down 7. TME stock quote, chart and news. web search NY - MAY 13: Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Shares of Tencent Music dropped. Barron's also provides information on historical stock ratings, target prices, company earnings, market. The China-based music streaming company Tencent Music Entertainment Group has raised $1. The decision by JPMorgan analysts comes just over a month after the Chinese firm began trading on the New York Stock Exchange under the symbol TME (on December 12). Spotify’s stock got a lift Wednesday though, rising about 3%. 51% in the last trading day ( Friday, 11th Oct 2019 ), rising from $13. What's going on at Tencent Music Entertainment Group (NYSE:TME)? View breaking news headlines for TME stock from trusted media outlets at MarketBeat. Its stock price is up 26. More Tencent Music (NY:TME) 2018 07:34 PM Tencent Music Entertainment Group Announces Pricing of Initial Public Offering Free News Feed Get our RSS Feed!.