01698 TME-SW
- 39.400
- +2.350+6.34%
TME-SW News
Express News | Shares of US-listed Chinese Stocks Are Possibly Trading Higher Ahead of Expectations That the People's Bank of China Will Cut Rates. Also, the Sector May Be Experiencing Strength After the Fed Cut Rates by 50 Basis Points
Express News | Ishares China Large Cap ETF up 2.9%, Kraneshares CSI China Internet ETF up 3.6%
Express News | Li Auto up 3%, JD.com up 5.9%, NIO up 5.4%
Express News | Alibaba up 4%, PDD Holdings up 3.7%, NetEase up 2.6%, Baidu up 3.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Domestic Stocks Close Higher After Fed Rate Cuts
Tencent Music Entertainment Group (NYSE:TME) Shareholders Will Want The ROCE Trajectory To Continue
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US MOVERS&SHAKERS Sep 09-Sep 13, 2024
TME's Global Music Outreach Debuts In Singapore, Expanding Chinese Music Internationally
Tencent Music Entertainment Group Launches Global Music Outreach Initiative
Overnight news: Traders expect the Fed to cut interest rates sharply at least twice in the near term. OpenAI's "Strawberry" model may be released within two weeks. Dell will continue to lay off employees this year.
For more global financial information, please go to the 7x24-hour real-time financial news market closing: US stocks rise and fall, and the S&P index continues to rise for the second day. The top 20 US stock turnover on September 10th: Apple needs to pay Ireland an additional $14.4 billion in taxes. China concept stocks rose and fell on Tuesday, with Alibaba up 2.9% and Tencent Music down 4.9%. International oil prices plummet, with US oil down 4.3% and Brent oil down 3.7%. Gold is on the rise, with a 0.52% increase in COMEX gold futures. Major European stock indexes fell collectively, with the German DAX30 index down 0.95%. The countdown to the macro US presidential election debate, please keep this list of stocks, bonds, and foreign exchange.
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Citigroup: tencent music-SW(01698) is expected to see a slowdown in revenue from paid users, but we believe it has defensiveness and sustainable profitability and revenue.
In the macro slowdown and the resilient situation of the music industry, Citigroup believes that Tencent Music is defensive, especially with improved profitability and stable revenue performance, which also seems sustainable.
Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?
U.S. stock market closing: the three major indexes have mixed gains and losses, with nvidia falling 11% over the past two days.
①S&P and Nasdaq fell for two consecutive days, while the Dow rose by 0.09%; ②Most large technology stocks closed lower, with Amazon falling by 1.66%; ③Berkshire Hathaway Class B shares continued to reach new historical highs; ④United States Steel: Thousands of jobs are at risk if it is not acquired.
US stocks closed: nvidia's market cap decreased by 2 trillion overnight, leading the Nasdaq to plunge 3% and becoming the weakest of the three major indices.
1. Nvidia's market cap evaporated by about 1.99 trillion yuan; 2. The PHLX Semiconductor Index fell by 7.7%, with all components going under; 3. Large technology stocks collectively declined, with Apple dropping by 2.72%; 4. Berkshire Hathaway's stock price continued to hit new historical highs.
US stock market close: all three major indexes fall, Nasdaq falls more than 1%, Nvidia drops after hours.
①Nvidia fell 8% after hours; ②Berkshire Hathaway's market cap exceeded 1 trillion US dollars for the first time; ③OpenAI is reportedly negotiating financing with a valuation of over 100 billion US dollars, and Microsoft continues to follow.
US stocks closed: the market awaits NVIDIA's financial report, and the three major indexes rose slightly. The Dow once again hit a new high.
① The three major indices rose slightly, with the Dow hitting a new high; ② Large technology stocks were mixed, with Nvidia rising more than 1%; ③ China concept stocks experienced varied gains and losses, with Xpeng rising more than 6%.
Hong Kong Stock Market News | Tencent Music-SW(01698) rose more than 5% in the afternoon, the net income rate may be further optimized in the second half of the year, institutions believe that the company has tremendous long-term growth potential.
Tencent Music-SW (01698) rose more than 5% in the afternoon, as of the time of writing, up 5.82%, at HKD 42.7, with a turnover of 11.5098 million HKD.
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