TENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUP

TENCENT MUSIC ENTERTAINMENT GROUP

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Market capitalization
‪151.38 B‬HKD
‪5.44 B‬HKD
‪30.67 B‬HKD
‪1.15 B‬
Beta (1Y)
0.77

About TENCENT MUSIC ENTERTAINMENT GROUP

CEO
Zhu Liang
Headquarters
Shenzhen
Founded
2012
ISIN
KYG875771134
FIGI
BBG019PBRG75
Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:
‪0.00‬
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Frequently Asked Questions

The current price of 1698 is 44.40 HKD — it has decreased by 1.33% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on HKEX exchange TENCENT MUSIC ENTERTAINMENT GROUP stocks are traded under the ticker 1698.
TENCENT MUSIC ENTERTAINMENT GROUP is going to release the next earnings report on May 13, 2024. Keep track of upcoming events with our Earnings Calendar.
1698 stock is 3.81% volatile and has beta coefficient of 0.77. Check out the list of the most volatile stocks — is TENCENT MUSIC ENTERTAINMENT GROUP there?
One year price forecast for TENCENT MUSIC ENTERTAINMENT GROUP has a max estimate of 69.65 HKD and a min estimate of 29.30 HKD.
1698 earnings for the last quarter are 0.40 HKD per share, whereas the estimation was 0.42 HKD resulting in a −6.60% surprise. The estimated earnings for the next quarter are 0.49 HKD per share. See more details about TENCENT MUSIC ENTERTAINMENT GROUP earnings.
TENCENT MUSIC ENTERTAINMENT GROUP revenue for the last quarter amounts to ‪7.03 B‬ HKD despite the estimated figure of ‪6.79 B‬ HKD. In the next quarter revenue is expected to reach ‪7.27 B‬ HKD.
Yes, you can track TENCENT MUSIC ENTERTAINMENT GROUP financials in yearly and quarterly reports right on TradingView.
1698 stock has fallen by 6.62% compared to the previous week, the month change is a 5.21% rise, over the last year TENCENT MUSIC ENTERTAINMENT GROUP has showed a 44.86% increase.
1698 net income for the last quarter is ‪1.41 B‬ HKD, while the quarter before that showed ‪1.26 B‬ HKD of net income which accounts for 11.95% change. Track more TENCENT MUSIC ENTERTAINMENT GROUP financial stats to get the full picture.
Today TENCENT MUSIC ENTERTAINMENT GROUP has the market capitalization of ‪137.90 B‬, it has decreased by 0.34% over the last week.
No, 1698 doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, 1698 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TENCENT MUSIC ENTERTAINMENT GROUP stock right from TradingView charts — choose your broker and connect to your account.
1698 reached its all-time high on Apr 11, 2024 with the price of 49.10 HKD, and its all-time low was 13.30 HKD and was reached on Oct 24, 2022.
See other stocks reaching their highest and lowest prices.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TENCENT MUSIC ENTERTAINMENT GROUP technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TENCENT MUSIC ENTERTAINMENT GROUP stock shows the neutral signal. See more of TENCENT MUSIC ENTERTAINMENT GROUP technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on TENCENT MUSIC ENTERTAINMENT GROUP future price: according to them, 1698 price has a max estimate of 69.63 HKD and a min estimate of 29.30 HKD. Read a more detailed TENCENT MUSIC ENTERTAINMENT GROUP forecast: see what analysts think of TENCENT MUSIC ENTERTAINMENT GROUP and suggest that you do with its stocks.