Tencent Music
About: Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
Employees: 5,353
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $56.2M | Put options by funds: $30.7M
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
33% more capital invested
Capital invested by funds: $5.2B [Q4 2024] → $6.9B (+$1.71B) [Q1 2025]
1.42% more ownership
Funds ownership: 26.68% [Q4 2024] → 28.1% (+1.42%) [Q1 2025]
1% more funds holding
Funds holding: 292 [Q4 2024] → 296 (+4) [Q1 2025]
7% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 100
11% less funds holding in top 10
Funds holding in top 10: 9 [Q4 2024] → 8 (-1) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Mizuho Wei Fang | 0%upside $17 | Outperform Maintained | 19 Mar 2025 |
Financial journalist opinion
Based on 10 articles about TME published over the past 30 days









