Tencent Music earnings beat estimates on subscriber, ad boost_老虎社区_美港股上老虎

Tencent Music earnings beat estimates on subscriber, ad boost

Tiger Newspress2021-08-17

(Update: August 16, 2021 at 9:41 a.m. ET)

Tencent Music fell over 8% in morning trading Tuesday.

China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.

Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.

Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.

The company said it expected the decision to have some impact on its operations, without specifying a figure.

Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.

Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.

Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.

The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.

($1 = 6.4742 Chinese yuan renminbi)

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

260

SkyDan
·2021-08-19
I see
回复
1
举报
MATRIXTAY99
·2021-08-19
While the average Joe are blindly following trend and ffrantically throwing, this are the times where big institutions are swopping up the cheap deal!
回复
2
举报
MATRIXTAY99
·2021-08-18
Once in a blue moon opportunity to enter 👍👍👍
回复
3
举报
收起
- KLHuat:
  does Chinese recent regulation be taken into consideration before buying?
  2021-08-18
  回复
  举报
- MATRIXTAY99:
  the Chinese regulations is a measure to curb monopolism, tercent music is too well established with its other apps and wide spread with huge base user, the tech giant can't be replaced overnight
  2021-08-19
  回复
  举报
AppleMango
·2021-08-18
Hope it can come back n increase share price
回复
点赞
举报
Foreverhuat
·2021-08-18
Hmmm
回复
1
举报
JoelLee
·2021-08-18
Reply and comment pls thx
回复
2
举报
Ignis
·2021-08-18
Hehehehohi
回复
3
举报
FuJie1010
·2021-08-17
好公司，会再起飞的
回复
2
举报
Dcagency
·2021-08-17
Buy buy buy!
回复
2
举报
Tenten
·2021-08-17
Time to buy more
回复
3
举报
收起
- jessicacaca:
  Cool
  2021-08-23
  回复
  举报
- ming22:
  Good opportunity
  2021-08-26
  回复
  举报
Joe0319
·2021-08-17
Like can bo?
回复
8
举报
收起
- Erikca:
  Can
  2021-08-17
  回复
  举报
- eveevelyn:
  can
  2021-08-18
  回复
  举报
- Joe0319:
  thank u
  2021-08-19
  回复
  举报
查看更多 1 条评论
yw07
·2021-08-17
Time to sapu
回复
5
举报
soosoo
·2021-08-17
Good
回复
4
举报
CHM_Jc
·2021-08-17
Great ariticle, would you like to share it?
回复
4
举报
KCmax
·2021-08-17
Good
回复
3
举报
收起
- Ignis:
  hahaha
  2021-08-18
  回复
  举报
tchaikovskia
·2021-08-17
Sweet nuts
回复
1
举报
Chinaman26
·2021-08-17
SAMR issued a fine of 500k rmb on Tencent Music being the only company owning exclusive rights. 500k RMB??? Isn’t that peanuts for them? In my POV I feel that this is still a good company
回复
4
举报
收起
- tchaikovskia:
  Sweet nuts
  2021-08-17
  回复
  举报
- Joe0319:
  ok
  2021-08-17
  回复
  举报
TYHzir
·2021-08-17
Nice
回复
1
举报
Skyline07
·2021-08-17
Who dare to buy China share now
回复
2
举报
收起
- Willretard8:
  Ya
  2021-08-17
  回复
  举报
- Chinaman26:
  Thats where you can buy at cheap?
  2021-08-17
  回复
  举报
- Willretard8回复Chinaman26:
  Agree too
  2021-08-17
  回复
  举报
Lkl8
·2021-08-17
Nice
回复
1
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1132782904?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-08-17 06:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1132782904","market":"us","top_or_hot":-1,"title":"Tencent Music earnings beat estimates on subscriber, ad boost","media":"Tiger Newspress","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n2021-08-17 06:47 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter ...</p>\n\n<a href=\"None\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TME","symbol_name":"腾讯音乐","start_time":0,"source_url":null,"article_id":"1132782904","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","pubTimestamp":1629154076,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TME":"腾讯音乐"},"translate_title":"腾讯音乐的收入超出了用户预期，广告增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TME":0.9},"content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":838107094,"gmtCreate":1629379508018,"gmtModify":1633685301252,"author":{"id":"4087533589580160","authorId":"4087533589580160","name":"SkyDan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087533589580160","authorIdStr":"4087533589580160"},"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838107094","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838980838,"gmtCreate":1629364982124,"gmtModify":1631892431044,"author":{"id":"3568958827641736","authorId":"3568958827641736","name":"MATRIXTAY99","avatar":"https://static.tigerbbs.com/ab7901224dae33cb86d800e2ab493489","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3568958827641736","authorIdStr":"3568958827641736"},"htmlText":"While the average Joe are blindly following trend and ffrantically throwing, this are the times where big institutions are swopping up the cheap deal!","listText":"While the average Joe are blindly following trend and ffrantically throwing, this are the times where big institutions are swopping up the cheap deal!","text":"While the average Joe are blindly following trend and ffrantically throwing, this are the times where big institutions are swopping up the cheap deal!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838980838","repostId":1132782904,"repostType":2,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":831023922,"gmtCreate":1629274104066,"gmtModify":1631892431098,"author":{"id":"3568958827641736","authorId":"3568958827641736","name":"MATRIXTAY99","avatar":"https://static.tigerbbs.com/ab7901224dae33cb86d800e2ab493489","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3568958827641736","authorIdStr":"3568958827641736"},"htmlText":"Once in a blue moon opportunity to enter 👍👍👍","listText":"Once in a blue moon opportunity to enter 👍👍👍","text":"Once in a blue moon opportunity to enter 👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/831023922","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5568264,"gmtCreate":1629293198718,"gmtModify":1635148559017,"authorId":3566708403300811,"author":{"id":3566708403300811,"idStr":"3566708403300811","authorId":3566708403300811,"name":"KLHuat","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":831023922,"type":1,"supId":0,"prevId":0,"content":"<p>does Chinese recent regulation be taken into consideration before buying?</p>","text":"<p>does Chinese recent regulation be taken into consideration before buying?</p>","html":"<p>does Chinese recent regulation be taken into consideration before buying?</p>"},{"id":5570251,"gmtCreate":1629302756551,"gmtModify":1635148429517,"authorId":3568958827641736,"author":{"id":3568958827641736,"idStr":"3568958827641736","authorId":3568958827641736,"name":"MATRIXTAY99","avatar":"https://static.tigerbbs.com/ab7901224dae33cb86d800e2ab493489","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":831023922,"type":1,"supId":5568264,"prevId":0,"content":"the Chinese regulations is a measure to curb monopolism, tercent music is too well established with its other apps&nbsp; and wide spread with huge base user, the tech giant can't be replaced overnight","text":"the Chinese regulations is a measure to curb monopolism, tercent music is too well established with its other apps&nbsp; and wide spread with huge base user, the tech giant can't be replaced overnight","html":"the Chinese regulations is a measure to curb monopolism, tercent music is too well established with its other apps&nbsp; and wide spread with huge base user, the tech giant can't be replaced overnight"}],"langContent":"EN"},{"id":833768244,"gmtCreate":1629264472388,"gmtModify":1631883992551,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567141277226150","authorIdStr":"3567141277226150"},"htmlText":"Hope it can come back n increase share price","listText":"Hope it can come back n increase share price","text":"Hope it can come back n increase share price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833768244","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833551424,"gmtCreate":1629251389068,"gmtModify":1631892149381,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580354890331124","authorIdStr":"3580354890331124"},"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833551424","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833588064,"gmtCreate":1629249938258,"gmtModify":1633686240463,"author":{"id":"3579882572140125","authorId":"3579882572140125","name":"JoelLee","avatar":"https://static.tigerbbs.com/e1f6c92b13d94cba61906c07dbbb2ab6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579882572140125","authorIdStr":"3579882572140125"},"htmlText":"Reply and comment pls thx","listText":"Reply and comment pls thx","text":"Reply and comment pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833588064","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833593047,"gmtCreate":1629248465389,"gmtModify":1631892795818,"author":{"id":"3574686466924712","authorId":"3574686466924712","name":"Ignis","avatar":"https://static.tigerbbs.com/543d1f3e8b4901fba226eb61e5713bc4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574686466924712","authorIdStr":"3574686466924712"},"htmlText":"Hehehehohi","listText":"Hehehehohi","text":"Hehehehohi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833593047","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833175869,"gmtCreate":1629212885751,"gmtModify":1633686507530,"author":{"id":"3569319160707763","authorId":"3569319160707763","name":"FuJie1010","avatar":"https://static.tigerbbs.com/95099c51f8498b56c3973ded1570fc6b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569319160707763","authorIdStr":"3569319160707763"},"htmlText":"好公司，会再起飞的","listText":"好公司，会再起飞的","text":"好公司，会再起飞的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833175869","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":833142759,"gmtCreate":1629212389771,"gmtModify":1633686515248,"author":{"id":"3557142354281361","authorId":"3557142354281361","name":"Dcagency","avatar":"https://static.tigerbbs.com/811d507c3458decd0eacd9028472dcf4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3557142354281361","authorIdStr":"3557142354281361"},"htmlText":"Buy buy buy!","listText":"Buy buy buy!","text":"Buy buy buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833142759","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833113582,"gmtCreate":1629209854746,"gmtModify":1631885101233,"author":{"id":"3586686286785362","authorId":"3586686286785362","name":"Tenten","avatar":"https://static.tigerbbs.com/6aaa492013925eb5bfe2cb43461ebfe4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586686286785362","authorIdStr":"3586686286785362"},"htmlText":"Time to buy more","listText":"Time to buy more","text":"Time to buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/833113582","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5621415,"gmtCreate":1629720810241,"gmtModify":1635144562949,"authorId":3585036618849090,"author":{"id":3585036618849090,"idStr":"3585036618849090","authorId":3585036618849090,"name":"jessicacaca","avatar":"https://static.tigerbbs.com/a84f924c2b3db684c9b639330ac5f40c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833113582,"type":1,"supId":0,"prevId":0,"content":"Cool","text":"Cool","html":"Cool"},{"id":5651442,"gmtCreate":1629942324749,"gmtModify":1635139012815,"authorId":3571044771112848,"author":{"id":3571044771112848,"idStr":"3571044771112848","authorId":3571044771112848,"name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833113582,"type":1,"supId":0,"prevId":0,"content":"Good opportunity","text":"Good opportunity","html":"Good opportunity"}],"langContent":"EN"},{"id":833372562,"gmtCreate":1629208380656,"gmtModify":1631891066541,"author":{"id":"3578544701064972","authorId":"3578544701064972","name":"Joe0319","avatar":"https://static.tigerbbs.com/9b84d55e902f3cdc3167d94be984be1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578544701064972","authorIdStr":"3578544701064972"},"htmlText":"Like can bo?","listText":"Like can bo?","text":"Like can bo?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/833372562","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5557361,"gmtCreate":1629209467430,"gmtModify":1635149346280,"authorId":3582074233060171,"author":{"id":3582074233060171,"idStr":"3582074233060171","authorId":3582074233060171,"name":"Erikca","avatar":"https://static.tigerbbs.com/4c8597dae5bbe585b053f307dd3255c0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833372562,"type":1,"supId":0,"prevId":0,"content":"Can","text":"Can","html":"Can"},{"id":5561464,"gmtCreate":1629245290878,"gmtModify":1635149042232,"authorId":3584446268894368,"author":{"id":3584446268894368,"idStr":"3584446268894368","authorId":3584446268894368,"name":"eveevelyn","avatar":"https://static.tigerbbs.com/7b409079dc1ccbaa3b0917074d3bef1b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833372562,"type":1,"supId":0,"prevId":0,"content":"<u>can</u>","text":"<u>can</u>","html":"<u>can</u>"},{"id":5580377,"gmtCreate":1629382009016,"gmtModify":1635147699437,"authorId":3578544701064972,"author":{"id":3578544701064972,"idStr":"3578544701064972","authorId":3578544701064972,"name":"Joe0319","avatar":"https://static.tigerbbs.com/9b84d55e902f3cdc3167d94be984be1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833372562,"type":1,"supId":5561464,"prevId":0,"content":"thank <u>u</u>","text":"thank <u>u</u>","html":"thank <u>u</u>"},{"id":5580380,"gmtCreate":1629382019545,"gmtModify":1635147699119,"authorId":3578544701064972,"author":{"id":3578544701064972,"idStr":"3578544701064972","authorId":3578544701064972,"name":"Joe0319","avatar":"https://static.tigerbbs.com/9b84d55e902f3cdc3167d94be984be1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833372562,"type":1,"supId":5557361,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":833346487,"gmtCreate":1629207969649,"gmtModify":1631885101248,"author":{"id":"3577999375515108","authorId":"3577999375515108","name":"yw07","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577999375515108","authorIdStr":"3577999375515108"},"htmlText":"Time to sapu","listText":"Time to sapu","text":"Time to sapu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833346487","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833343217,"gmtCreate":1629207899439,"gmtModify":1631891913937,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089777453696550","authorIdStr":"4089777453696550"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833343217","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833960044,"gmtCreate":1629197830088,"gmtModify":1631886151043,"author":{"id":"3556600631001884","authorId":"3556600631001884","name":"CHM_Jc","avatar":"https://static.tigerbbs.com/38c0fd9f965d74e66058c0d8d85e962a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3556600631001884","authorIdStr":"3556600631001884"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833960044","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833981663,"gmtCreate":1629197358052,"gmtModify":1631893645643,"author":{"id":"4088005490387040","authorId":"4088005490387040","name":"KCmax","avatar":"https://static.tigerbbs.com/45501c3f0f17a005aaae037440a22212","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088005490387040","authorIdStr":"4088005490387040"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/833981663","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5562170,"gmtCreate":1629248387819,"gmtModify":1631893645645,"authorId":3574686466924712,"author":{"id":3574686466924712,"idStr":"3574686466924712","authorId":3574686466924712,"name":"Ignis","avatar":"https://static.tigerbbs.com/543d1f3e8b4901fba226eb61e5713bc4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833981663,"type":1,"supId":0,"prevId":0,"content":"hahaha","text":"hahaha","html":"hahaha"}],"langContent":"EN"},{"id":839723830,"gmtCreate":1629183368020,"gmtModify":1631889783318,"author":{"id":"3582428558829452","authorId":"3582428558829452","name":"tchaikovskia","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582428558829452","authorIdStr":"3582428558829452"},"htmlText":"Sweet nuts","listText":"Sweet nuts","text":"Sweet nuts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839723830","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839472450,"gmtCreate":1629178141770,"gmtModify":1631885006102,"author":{"id":"4087476842899920","authorId":"4087476842899920","name":"Chinaman26","avatar":"https://static.tigerbbs.com/dfdd86fd71c6677242e02cb1d29c7960","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087476842899920","authorIdStr":"4087476842899920"},"htmlText":"SAMR issued a fine of 500k rmb on Tencent Music being the only company owning exclusive rights. 500k RMB??? Isn’t that peanuts for them? In my POV I feel that this is still a good company&nbsp;","listText":"SAMR issued a fine of 500k rmb on Tencent Music being the only company owning exclusive rights. 500k RMB??? Isn’t that peanuts for them? In my POV I feel that this is still a good company&nbsp;","text":"SAMR issued a fine of 500k rmb on Tencent Music being the only company owning exclusive rights. 500k RMB??? Isn’t that peanuts for them? In my POV I feel that this is still a good company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839472450","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5553506,"gmtCreate":1629183383013,"gmtModify":1635149595561,"authorId":3582428558829452,"author":{"id":3582428558829452,"idStr":"3582428558829452","authorId":3582428558829452,"name":"tchaikovskia","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839472450,"type":1,"supId":0,"prevId":0,"content":"Sweet <u>nuts</u>","text":"Sweet <u>nuts</u>","html":"Sweet <u>nuts</u>"},{"id":5557099,"gmtCreate":1629208524744,"gmtModify":1635149362967,"authorId":3578544701064972,"author":{"id":3578544701064972,"idStr":"3578544701064972","authorId":3578544701064972,"name":"Joe0319","avatar":"https://static.tigerbbs.com/9b84d55e902f3cdc3167d94be984be1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839472450,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":839489601,"gmtCreate":1629173510703,"gmtModify":1631892708233,"author":{"id":"3555240886516700","authorId":"3555240886516700","name":"TYHzir","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555240886516700","authorIdStr":"3555240886516700"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839489601","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839416285,"gmtCreate":1629172879547,"gmtModify":1631884235427,"author":{"id":"3579940642625678","authorId":"3579940642625678","name":"Skyline07","avatar":"https://static.tigerbbs.com/b01117aa4b64192bca4c5ff4fff6b572","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3579940642625678","authorIdStr":"3579940642625678"},"htmlText":"Who dare to buy China share now&nbsp;","listText":"Who dare to buy China share now&nbsp;","text":"Who dare to buy China share now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/839416285","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5552585,"gmtCreate":1629176143387,"gmtModify":1635149664364,"authorId":3581490787994555,"author":{"id":3581490787994555,"idStr":"3581490787994555","authorId":3581490787994555,"name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839416285,"type":1,"supId":0,"prevId":0,"content":"Ya","text":"Ya","html":"Ya"},{"id":5552819,"gmtCreate":1629177942897,"gmtModify":1635149645426,"authorId":4087476842899920,"author":{"id":4087476842899920,"idStr":"4087476842899920","authorId":4087476842899920,"name":"Chinaman26","avatar":"https://static.tigerbbs.com/dfdd86fd71c6677242e02cb1d29c7960","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839416285,"type":1,"supId":5552585,"prevId":0,"content":"Thats where you can buy at cheap?","text":"Thats where you can buy at cheap?","html":"Thats where you can buy at cheap?"},{"id":5553894,"gmtCreate":1629186951686,"gmtModify":1635149571317,"authorId":3581490787994555,"author":{"id":3581490787994555,"idStr":"3581490787994555","authorId":3581490787994555,"name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":4087476842899920,"repliedAuthor":{"id":4087476842899920,"idStr":"4087476842899920","authorId":4087476842899920,"name":"Chinaman26","avatar":"https://static.tigerbbs.com/dfdd86fd71c6677242e02cb1d29c7960","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":839416285,"type":1,"supId":5552585,"prevId":5552819,"content":"Agree too","text":"Agree too","html":"Agree too"}],"langContent":"EN"},{"id":839432592,"gmtCreate":1629172174916,"gmtModify":1633686829193,"author":{"id":"3579588834516990","authorId":"3579588834516990","name":"Lkl8","avatar":"https://static.tigerbbs.com/12361a2024c0ae8c8d97fd2339a79201","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579588834516990","authorIdStr":"3579588834516990"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839432592","repostId":1132782904,"repostType":4,"repost":{"id":"1132782904","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629154076,"share":"https://www.laohu8.com/m/news/1132782904?lang=&edition=full","pubTime":"2021-08-17 06:47","market":"us","language":"en","title":"Tencent Music earnings beat estimates on subscriber, ad boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1132782904","media":"Tiger Newspress","summary":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nCh","content":"<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music earnings beat estimates on subscriber, ad boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music earnings beat estimates on subscriber, ad boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>(Update: August 16, 2021 at 9:41 a.m. ET)</i></p>\n<p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a> fell&nbsp;over&nbsp;8%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/04723d8ee28ade3b89d17c69d5941e40\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\"></p>\n<p>China's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.</p>\n<p>Paid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.</p>\n<p>Tencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.</p>\n<p><img src=\"https://static.tigerbbs.com/f5f85b9406d6ed4f369df89d7ec11fd9\" tg-width=\"899\" tg-height=\"640\" referrerpolicy=\"no-referrer\"></p>\n<p>The company said it expected the decision to have some impact on its operations, without specifying a figure.</p>\n<p>Losing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.</p>\n<p>Tencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.</p>\n<p>Total revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.</p>\n<p>The company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.</p>\n<p>($1 = 6.4742 Chinese yuan renminbi)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132782904","content_text":"(Update: August 16, 2021 at 9:41 a.m. ET)\nTencent Music fell over 8% in morning trading Tuesday.\n\nChina's Tencent Music Entertainment Group(TME.N)beat Wall Street expectations for second-quarter profit on Monday as its advertising business rebounded and more people subscribed to its music streaming platform.\nPaid subscribers for the company's online music service grew by 41% to 66.2 million, thanks to investments in long-form audio and a refreshed music library expanded by licensing deals with Universal Music Group, Sony Music and other labels.\nTencent Music shares were up 3.1% in extended trading. They have lost half of their market value this year due to a ruling that barred the company's parent, Tencent Holdings Ltd, from exclusive music copyright agreements.\n\nThe company said it expected the decision to have some impact on its operations, without specifying a figure.\nLosing exclusive rights means Tencent Music will likely have to redouble efforts to build a more interactive community while facing a challenge from ByteDance that is using Douyin - the Chinese version of TikTok - to promote music backed by sophisticated algorithms.\nTencent Music's social entertainment services business, which includes karaoke platforms where users can live stream concerts, posted a 7.4% rise in revenue to 5.06 billion yuan in the quarter and accounted for most of its revenue.\nTotal revenue rose by 15.5% to 8.01 billion yuan ($1.24 billion), but missed a Refinitiv IBES estimate of 8.13 billion yuan.\nThe company earned 0.66 yuan per American depository share on an adjusted basis, more than estimates of 0.62 yuan.\n($1 = 6.4742 Chinese yuan renminbi)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":260,"commentSize":52,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}