Tencent Music Entertainment (TME)
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Tencent Music’s Q2 2025 Revenue Reaches RMB 8.44 Billion; Hong Kong and U.S. Shares Surge on Positive Earnings Outlook
Hong Kong stocks saw mixed performance, with the Hang Seng Index rising slightly while the Hang Seng Tech Index dipped. U.S.-listed Chinese companies in Hong Kong showed varied results; Alibaba and Baidu declined, but Tencent Music Entertainment (TME) gained, driven by anticipation of strong earnings. TME’s Q2 2025 results revealed a 17.9% YoY revenue increase and a 33% rise in adjusted net profit. Online music services and subscriptions saw significant growth, with paying users reaching 124.4 million. Brokerage firms have issued positive ratings, highlighting TME’s content strategy and user engagement.
