Tencent Music Entertainment Group (HKG:1698)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
40.50
-0.62 (-1.51%)
At close: Mar 20, 2026
Market Cap122.44B -23.6%
Revenue (ttm)36.61B +15.8%
Net Income12.30B +66.4%
EPS7.92 +67.9%
Shares Outn/a
PE Ratio9.95
Forward PE10.41
Dividend0.70 (1.73%)
Ex-Dividend DateApr 2, 2025
Volume3,065,200
Average Volume2,154,016
Open41.10
Previous Close41.12
Day's Range40.30 - 41.42
52-Week Range40.22 - 104.00
Beta0.61
RSI24.80
Earnings DateMar 17, 2026

About HKG:1698

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library... [Read more]

CEO Zhu Liang
Employees 5,353
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 1698
Full Company Profile

Financial Performance

In 2025, HKG:1698's revenue was 32.90 billion, an increase of 15.85% compared to the previous year's 28.40 billion. Earnings were 11.06 billion, an increase of 66.41%.

Financial numbers in CNY Financial Statements

News

Why Tencent Music Entertainment Plunged Almost 30% This Week

Tencent Music reported fourth quarter earnings that beat on revenues but only met profit expectations. Management also said it would no longer disclose certain operating metrics going forward.

16 hours ago - The Motley Fool

Jay Chou's New Album "Children of the Sun" Set for Release, Pre-orders Launched on Tencent Music Entertainment Group's Platforms

SHENZHEN, China, March 19, 2026 /PRNewswire/ -- Millions of music fans are eagerly awaiting another historic moment for Mandopop. After three years and eight months, iconic Mandopop artist Jay Chou is...

2 days ago - PRNewsWire

Why Tencent Music Entertainment Stock Withered on Wednesday

For the second day in a row, analysts updated their takes on the company. These adjustments were generally not positive.

2 days ago - The Motley Fool

Tencent Music Entertainment Group Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

SAN DIEGO, March 18, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Tencent Music Entertainment Group (NYSE: TME). The investigation focuses ...

2 days ago - GlobeNewsWire

Tencent Music: Revenue Beat Is Overshadowed By Reporting Framework Shift

I reduce Tencent Music Entertainment Group's rating from 'Buy' to 'Hold', after assessing its quarterly disclosures. TME delivered a more rapid pace of topline expansion and wider gross margins in 4Q2...

2 days ago - Seeking Alpha

Stock Market Today, March 17: Tencent Music Plunges on Earnings Miss and User Concerns

Investors weigh rising subscribers, shrinking free users and analyst downgrades to reassess Tencent Music's outlook, today, March 17, 2026.

3 days ago - The Motley Fool

Tencent Music Entertainment Group (TME) Q4 2025 Earnings Call Transcript

Tencent Music Entertainment Group (TME) Q4 2025 Earnings Call Transcript

3 days ago - Seeking Alpha

Why Tencent Music Stock Was Tumbling Today

Tencent Music reported solid growth on the top and bottom line. It's doing well with its premium user base.

3 days ago - The Motley Fool

Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2025 Unaudited Financial Results

SHENZHEN, China, March 17, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

4 days ago - PRNewsWire

Looking For A Rebound? China Tech and Emerging Markets Top Oversold List

After a choppy stretch for global equities, a fresh group of widely followed names has slid into deeply oversold territory, potentially setting the stage for sharp snapback moves if risk appetite impr...

16 days ago - Benzinga

Tencent Music's Revenue Model Shifts Beyond Virtual Gifting as China's Paid Music Market Expands

Keystone Investors Pte Ltd sold 2,243,614 shares of Tencent Music Entertainment Group, an estimated $52.37 million trade based on quarterly average pricing Quarter-end value of the position fell by $5...

25 days ago - The Motley Fool

Tencent Music Entertainment Group to Report Fourth Quarter and Full Year 2025 Financial Results on March 17, 2026

SHENZHEN, China, Feb. 10, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chin...

5 weeks ago - PRNewsWire

Marathon Cuts $11.3 Million From Tencent Music Stake Even With Shares Up 37% in a Year

Marathon Asset Management sold 559,011 shares of Tencent Music Entertainment, an estimated $11.34 million trade based on quarterly average prices in the period. Meanwhile, the quarter-end position val...

6 weeks ago - The Motley Fool

Chinese tech giants enter the 'agentic commerce' race as AI reshapes super apps

Chinese tech firms are turning AI chatbots into full-service shopping and payment tools. Alibaba, Tencent and ByteDance are racing to build AI-powered super apps.

2 months ago - CNBC

Tencent Music Entertainment: Still A Buy With Spotlight Beyond Subscriber Growth

Tencent Music Entertainment has suffered a sell-off following 3Q25 results that reflect continued MAU decline and slower momentum in SVIP adoption. Meanwhile non music-subscription revenues have been ...

2 months ago - Seeking Alpha

Tencent Music: Post-Earnings Price Correction Is Overdone

Tencent Music's stock price fell -8% following the results announcement, despite the fact that its Q3 topline and earnings exceeded expectations. TME's diversification into non-subscription businesses...

4 months ago - Seeking Alpha

Tencent Music Entertainment Group (TME) Q3 2025 Earnings Call Transcript

Tencent Music Entertainment Group ( TME) Q3 2025 Earnings Call November 12, 2025 6:00 AM EST Company Participants Millicent T. - Head of IR Kar Shun Pang - Executive Chairman Liang Zhu - CEO & Direct...

4 months ago - Seeking Alpha

What's Behind This China-Focused Fund's $421 Million Bet on Tencent Music Entertainment?

Krane Funds increased its holdings in Tencent Music Entertainment by nearly 3.9 million shares in the third quarter. The transaction value represents about 2.5% of overall reportable assets at quarter...

4 months ago - The Motley Fool

Tencent Music Entertainment Group Announces Third Quarter 2025 Unaudited Financial Results

SHENZHEN, China , Nov. 12, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

4 months ago - PRNewsWire

The 4 Real Winners Of The US-China Trade War

The market sell-off may have cooled, but tensions are still heating up between the United States and China.

5 months ago - Benzinga

Tencent Music Entertainment Group to Report Third Quarter 2025 Financial Results on November 12, 2025

SHENZHEN, China , Oct. 14, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

5 months ago - PRNewsWire

Tencent Music Entertainment Group Announces New Audit Committee Member

SHENZHEN, China , Sept. 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Ch...

6 months ago - PRNewsWire

Tencent Music Entertainment: Bullish On Organic And Inorganic Growth Drivers

I'm bullish on Tencent Music, considering both external and internal growth engines. Non-subscriber revenues surged 47% YoY, driven by collectibles, ads, live shows, and new ad-based memberships, with...

7 months ago - Seeking Alpha

Why Tencent Music Stock Turned It Up to 11 on Tuesday

Investors were happy to crank Tencent Music (TME 11.78%) on Tuesday. Following the release of encouraging quarterly results by the China-based company, they sent its U.S.-traded American Depositary Sh...

7 months ago - The Motley Fool

Tencent Music Entertainment Group (TME) Q2 2025 Earnings Call Transcript

Tencent Music Entertainment Group (NYSE:TME) Q2 2025 Earnings Conference Call August 12, 2025 7:00 AM ET Company Participants Kar Shun Pang - Executive Chairman Millicent T. - Head of IR Min Hu - CFO...

7 months ago - Seeking Alpha