|Bid||18.04 x 3000|
|Ask||18.15 x 900|
|Day's range||17.72 - 18.65|
|52-week range||11.81 - 19.97|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||56.23|
|Forward dividend & yield||N/A (N/A)|
|1y target est||18.21|
Is (TME) Outperforming Other Computer and Technology Stocks This Year?
The coming crop of unicorns might offer better plays than last year’s, which have mostly been dogs for investors. A boost from Lyft?
Investors need to pay close attention to Tencent Music (TME) stock based on the movements in the options market lately.
Tencent Holdings reported its sharpest ever quarterly profit decline on Thursday, hit by China's regulatory review of new games and one-off charges, and warned of slower video game launches due to a prolonged approval process. "Since there is a sizeable backlog for the banhao (game monetisation license) applications in the industry, our scheduled game releases will initially be slower than in some prior years," Tencent said in a statement. Tencent President Martin Lau later told an earnings briefing that gaming sector outlook will improve in light of resumed licensing process and it would further diversify its revenue mix to increase the contribution from non-gaming business.
* Q4 net profit seen at 18.3 bln yuan, down 12 pct y/y * Revenue likely to grow 25 pct vs 51 pct growth year ago * Eyes on game approval updates and impact of economic slowdown By Sijia Jiang HONG KONG, ...
The loss, which TME forecasted in its prospectus filed ahead of the IPO, ismainly due to a one-off 1
March 19 (Reuters) - China-based music streaming company Tencent Music Entertainment Group on Tuesday reported a profit of 1.83 billion yuan ($272.7 million) for full-year 2018, in its first earnings report ...
The coming listings of some of the world’s most valuable startups are heating up an opaque market for private trades in their shares. Bankers, brokers and investors that specialize in buying or selling unlisted shares of companies say there has been a significant increase in interest and activity. Hedge funds, wealthy individuals and family offices—as well as some large institutions—are lining up to buy shares that venture-capital firms, company employees and others are trying to cash out of.