This article is designed to help you weigh up whether Tencent Music Entertainment Group’s share price still offers value after a strong run, or if most of the opportunity is already reflected in the price.
The stock recently closed at US$16.08, with a 1 year return of 46.0% and a 3 year return of 91.2%. Over the past week, month and year to date, however, it has shown declines of 7.9%, 9.4% and 10.0% respectively.
Recent coverage has focused on Tencent Music Entertainment Group’s position within China’s online music and audio market, including product updates on its streaming platforms and licensing relationships with major labels. There has also been attention on how regulatory developments around digital content and the broader…
