TCEHY - Tencent Holdings Limited
| Previous Close | 40.19 |
| Open | 39.68 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 39.10 - 39.92 |
| 52 Week Range | 31.54 - 61.00 |
| Volume | 4,190,202 |
| Avg. Volume | 5,515,679 |
| Market Cap | 373.561B |
| Beta (3Y Monthly) | 1.47 |
| PE Ratio (TTM) | 29.11 |
| EPS (TTM) | 1.36 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.11 (0.28%) |
| Ex-Dividend Date | 2018-05-17 |
| 1y Target Est | 45.93 |
- Market Realist•yesterday
iQiyi Moves to Replenish Its War Chest
This adds to iQiyi’s $1.4 billion cash holding at the end of the third quarter. The company’s content costs rose 66% to $875.5 million in the third quarter, accounting for 88% of total revenue. Content costs jumped 47% and accounted for 76% of total revenue in the second quarter.
Market Realist•yesterdayChina’s Uxin Up ~150% in Six Days: Analysts Still See 61% Upside
The broader market sell-off is intensifying as US-China trade uncertainties and concerns over the slowing global economy are badly hurting investors’ sentiments. However, some stocks are still giving investors a reason to celebrate.
- Barrons.com•yesterday
The Top Emerging Market Stocks for 2019
These developing markets are growing faster than the U.S., Europe, and Japan, and are mostly well managed. Their stocks are also cheap.
Market Realist•2 days agoHow Are US Equities Faring amid US-China Trade Negotiations?
Since the beginning of the fourth quarter, the broader market has been facing trouble due to various issues including rising interest rates, concerns about the slowing global economy, and the US-China trade war. These factors have taken a toll on US equities (VTI) and resulted in more volatility. Before we discuss some of the factors in detail, let’s find out how the key indices are faring in the fourth quarter, especially in December.
- Zacks•2 days ago
Alibaba's (BABA) Lazada Appoints Pierre Poignant as New CEO
Alibaba (BABA) backed Lazada appoints Pierre Poignant as the new CEO, succeeding Lucy Peng.
- Motley Fool•2 days ago
3 High-Growth Stocks That Could Soar
Two Chinese stocks make the list, which should be no surprise given the recent swoon.
- The Wall Street Journal•2 days ago
[$$] Tencent's Roster of IPOs Doesn't Live Up to the Hype
Tencent Holdings, one of China’s most influential companies, is also one of the most active technology investors, backing some of the world’s biggest initial public offerings. But the technology giant’s ...
- Motley Fool•2 days ago
Facebook Quietly Copies Mogu to Challenge Amazon
The social media giant clones another app to expand its e-commerce ecosystem.
- Motley Fool•2 days ago
Why Is NetEase Selling Its Online Comics to Bilibili?
The Chinese tech giant is likely pivoting away from comics to focus on streaming music.
Zacks•2 days agoTencent Holding (TCEHY) Dips More Than Broader Markets: What You Should Know
Tencent Holding (TCEHY) closed at $40.19 in the latest trading session, marking a -0.77% move from the prior day.
- Market Realist•2 days ago
Tencent Music Had a Solid Debut despite Volatile Markets
Tencent’s (TCEHY) music arm, Tencent Music Entertainment (TME), debuted on the New York Stock Exchange on Wednesday, December 12. The leading Chinese music company raised $1.1 billion, giving it a valuation of ~$21.3 billion. TME had settled for the lower end of the $13 to $15 per share price range.
- Market Realist•3 days ago
Google’s Options If It Can’t Re-Enter China’s Search Market
Some Google (GOOGL) employees are opposed to the company re-entering China’s Internet search market with a product that would allow the Chinese government to censor online information sources. Google exited China’s Internet search market almost a decade ago in protest of the government’s information censorship demands.
- Motley Fool•3 days ago
6 Things You Should Know About Mogu's IPO
An interesting business model can’t mask some fundamental flaws.
- Market Realist•3 days ago
What Exposure Google’s GO-JEK Stake Offers
Internet Search Companies in Search of a Better FutureGoogle gets a foothold in a $28 billion sector
- Motley Fool•3 days ago
3 Stocks to Buy as Gifts This Holiday Season
Wondering what to get your loved ones for the holidays? How about some well-priced stocks?
Bloomberg•3 days agoThe Music’s Stopping for Chinese IPOs Overseas
While Tencent Music Entertainment Group rose on its New York trading debut Wednesday, trouble has been brewing under the surface. The music-streaming unit of Tencent Holdings Ltd. priced at the bottom of its marketed range, in a sign that international investors are losing their appetite for offerings from the world’s second-largest economy. Tencent Music’s $1.1 billion sale added gloss to the biggest year for Chinese listings in Hong Kong and the U.S. since 2014, when Alibaba Group Holding Ltd. carried out the world’s biggest IPO.
- The Wall Street Journal•3 days ago
[$$] Tencent Music Rises in Trading Debut
Investors sounded notes of optimism about Tencent Music Entertainment Group, one of the biggest IPOs in the U.S. in recent years, pushing its shares 7.7% higher in the company’s trading debut. A positive first day was welcome for the Chinese music-streaming company, traded under the symbol TME, after it had delayed its initial public offering by several months because of the market’s recent volatility and then priced at the low end of its expected range. “We’re very proud to be able to go public despite the very challenging market,” Tencent Music’s chief strategy officer Tony Yip said Wednesday in an interview at the New York Stock Exchange.
- Reuters•3 days ago
BRIEF-Tencent Holdings Ltd To Declare A Special Dividend Of About Hk$250 Mln
Dec 13 (Reuters) - Tencent Holdings Ltd: * SPIN-OFF COMMITTEE HAS PASSED ON 13 DECEMBER 2018 A RESOLUTION TO DECLARE A SPECIAL DIVIDEND OF APPROXIMATELY HK$250 MILLION Source text for Eikon: Further company ...
Bloomberg•3 days agoTencent Music Climbs in Trading Debut After $1.1 Billion IPO
China’s largest music-streaming service, which is backed by Tencent Holdings Ltd., and current holders raised $1.1 billion by selling 82 million American depositary shares at $13 apiece Tuesday. Tencent Music opted to price lower after initially guiding fund managers that orders were coming in around the midpoint of the marketed range. The shares closed up 7.7 percent to $14 in New York, valuing the company at about $22.9 billion -- just below the market valuation of Spotify Technology SA, the Swedish peer that’s also an investor in the Chinese company.
Bloomberg•3 days agoTencent Music Climbs in Trading Debut After $1.1 Billion IPO
China’s largest music-streaming service, which is backed by Tencent Holdings Ltd., and current holders raised $1.1 billion by selling 82 million American depositary shares at $13 apiece Tuesday. Tencent Music opted to price lower after initially guiding fund managers that orders were coming in around the midpoint of the marketed range. The shares closed up 7.7 percent to $14 in New York, valuing the company at about $22.9 billion -- just below the market valuation of Spotify Technology SA, the Swedish peer that’s also an investor in the Chinese company.
Investor's Business Daily•3 days agoIBD Stock Of The Day: Learn About Investing In IPOs With This New Issue
The initial public offering of Tencent Music provides an opportunity to learn investing in IPOs, where usual rules don't apply. Tencent Music priced its stock Tuesday.
- TheStreet.com•3 days ago
Tencent Music's Cool Market Reception Says a Lot About Investor Sentiment Now
Considering how many things are still working in the Chinese online music leader's favor -- both in terms of its competitive position and its financial performance -- its debut arguably says something about how little risk tolerance equity investors currently have when its comes to Chinese tech names. After pricing its 41-million share IPO at the low end of a $13-to-$15 price range, Tencent Music opened at $14 and closed at $14.12. In Tencent Music's case, investors might also be worried about the indirect threat posed to the company's karaoke and live music-streaming services -- they're monetized via "virtual gift" purchases for content creators, and account for over two-thirds of the company's revenue -- by the runaway success of short video-sharing app TikTok.
- Market Realist•3 days ago
Here’s Alibaba’s Latest Investment
Chinese tech giants Alibaba (BABA) and Tencent (TCEHY) are taking a page out of SoftBank’s book. The Japanese giant has been investing in a number of startups for a long time, particularly in Asia. Alibaba and Tencent have been doing the same for a while now. Indonesian e-commerce startup Tokopedia raised $1.1 billion in a Series G round led by the Japanese giant and Alibaba. The two companies were already investors in the business. Tokopedia will now enter SoftBanks’ Vision fund.
- Motley Fool•3 days ago
After a Delay, Tencent Music Goes Public in the U.S.
U.S. investors now have an opportunity to invest in the largest music platform in the world.
- CNBC Videos•2 days ago
Tencent 'a screaming buy' if not for China: Cramer
Jim Cramer breaks down Tencent Music's initial public offering and and says context is the biggest deterrent to buying shares.
