|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||75.51 - 76.93|
|52 Week Range||40.80 - 81.35|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||56.42|
|Forward Dividend & Yield||0.15 (0.21%)|
|Ex-Dividend Date||May 14, 2020|
|1y Target Est||78.02|
Tencent (OTC: TCEHY) and NetEase (NASDAQ: NTES), China's two largest video game publishers, regularly dominate the country's mobile gaming charts. Tencent currently publishes four of the ten highest-grossing iOS games in China, according to App Annie, including its top three games: Honor of Kings, Moonlight Blade, and Peacekeeper Elite.
As Chinese stocks to watch and social media giants Facebook and GOOGL stock show strength, Tencent Music looks to strike the right note and break out.
NetEase (NASDAQ: NTES) is China's second-largest video game publisher after Tencent (OTC: TCEHY). NetEase repeatedly attributed the growth of its Innovative Businesses segment to NetEase Cloud Music in recent quarters, but it's been cagey with the exact details. Let's review what NetEase has revealed so far about its streaming music platform.