Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares
Market Cap
16B
Short interest (May 15)
1.2%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.41%
↑ 13.9%
Available Shares
10M
↓ 0.0%
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Company Overview
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
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