|Bid||455.67 x 1000|
|Ask||456.05 x 800|
|Day's range||452.00 - 461.35|
|52-week range||235.38 - 503.27|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||68.36|
|Earnings date||05 Aug 2020 - 10 Aug 2020|
|Forward dividend & yield||4.64 (1.02%)|
|Ex-dividend date||11 Jun 2020|
|1y target est||473.06|
Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint label with its licensing partner Universal Music Group to discover, develop and promote Chinese artists domestically and to the world. TME, which spun off from Tencent and went public in the U.S. in 2018, commands the lion's share of China's music streaming industry through three apps -- QQ Music, Kugou and Kuwo.
NetEase's (NTES) second-quarter 2020 results are likely to reflect strength in online gaming portfolio, partially offset by softness in advertising demand amid coronavirus outbreak.
Standard Chartered has warned it faces an increasing risk of being caught in the crossfire of escalating geopolitical tensions between the US and China, as its quarterly loan-loss provisions more than tripled due to the impact of the coronavirus pandemic across Asia. Executives at the emerging markets-focused lender said they were seeking legal opinions and regulatory guidance on how to deal with the conflict. “Relations between the US and China remain highly charged, driven by both economic and political considerations,” said José Viñals, chairman of StanChart.