NYSE:TME
NYSE:TMEEntertainment

Tencent Music Entertainment Group (NYSE:TME) Jumps 19% This Quarter After Strong Financial Results

Tencent Music Entertainment Group (NYSE:TME) recently announced a robust financial performance with annual revenue growing to CNY 28,401 million and net income reaching CNY 6,644 million. These results, coupled with the approval of a new $1,000 million share buyback program, likely bolstered investor confidence, contributing to a 19% price rise over the last quarter. The tech sector's rally, supported by broader market gains after four-week declines, also played a role. Governance changes,...