|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||73.50 - 76.40|
|52 Week Range||40.05 - 82.00|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 17, 2019|
|1y Target Est||N/A|
China's online advertising market has either been a minefield or a goldmine over the past year, depending on which companies you've invested in. For Baidu (NASDAQ: BIDU), which owns China's top search engine, it was clearly a minefield. Baidu's advertising revenue dropped year-over-year for six straight quarters; it broadly attributed its woes to China's economic slowdown, the ongoing trade war, the pandemic, and intense competition.
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.