|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||85.60 - 87.72|
|52 Week Range||40.80 - 99.40|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||64.35|
|Forward Dividend & Yield||0.15 (0.18%)|
|Ex-Dividend Date||May 14, 2020|
|1y Target Est||N/A|
Summit Wireless Technologies Presents Wireless Audio Design to Industry Display Leaders
The COVID-19 pandemic has presented an unprecedented challenge to public health, business models, human activities and culture exchange worldwide. It has also led to a rethinking of the power of digital technologies in responding to crisis. Edward Cheng, vice president of the leading Chinese technology company Tencent (Tencent Holdings Ltd, 0700.HK), shared his insights during an online conference on how technology can be leveraged to strengthen resilience and promote innovation in a challenging environment.
Tencent Holdings Limited (00700.HK, "Tencent") announces today that a Tencent-led consortium (the "Consortium") has exercised its call option to acquire an additional 10% equity stake (the "Transaction") in Universal Music Group ("UMG") from its parent company, Vivendi SE (VIV.PA) ("Vivendi"), based on the same enterprise value of EUR30 billion for 100% of UMG's share capital as in the initial acquisition that closed in March 2020.