Previous close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 9.00 |
Expiry date | 2024-05-17 |
Day's range | 0.0500 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Morning Brief Co-Hosts Myles Udland and Seana Smith turn their attention to Chinese internet stocks, focusing on the stock performances of industry titans such as Alibaba (BABA) which is set to report fiscal fourth-quarter earnings on Tuesday, Tencent Music Entertainment Group (TME), and JD.com (JD). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Q1 2024 Tencent Music Entertainment Group Earnings Call (Chinese)
Tencent Music Entertainment Group (NYSE:TME) reported a fiscal first-quarter 2024 revenue decline of 3.4% year-over-year to $937.0 million (6.77 billion Chinese yuan), beating the analyst consensus estimate of $917.6 million. The decline reflected a fall in revenues from social entertainment services, partially mitigated by strong year-over-year growth in revenues from online music services. China’s leading online music and audio entertainment platform’s adjusted EPADS of $0.15 (CNY1.09) beat th