Tencent Music Entertainment Group ADR

TME: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tencent Music Earnings: Guidance Raised on Concert and Merchandise Gains; Fair Value Raised by 16%

Ivan Su

Aug 13, 2025

Tencent Music reported accelerated revenue growth of 18% year over year in the second quarter of 2025, alongside a 37% rise in recurring net profit.

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Tencent Music Entertainment Group ADR

Tencent Music Earnings: Guidance Raised on Concert and Merchandise Gains; Fair Value Raised by 16%

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