score:-3
Chances:
- Tencent Music Entertainment reports rising quarterly revenue, although it warns of a potential decline ahead.
- Tencent Music’s implied volatility is surging for its stock options, indicating increased market interest.
- Tencent Music Entertainment sees increased revenue from paying users, which could drive future growth.
Risks:
- Tencent Music’s quarterly revenue warning suggests potential challenges and uncertainties in the future.
- China online platforms are scrapping lucky draw features amid a gambling crackdown, potentially affecting TME’s operations.
- Tencent Music faced a decline in Monthly Active Users (MAUs) in Q2, leading to a stock slide.
Score:-3
investment score = chances characters count - risks characters count
References:
- 2023-08-25 Implied Volatility Surging for Tencent Music (TME) Stock Options
- 2023-08-25 China online platforms scrap lucky draw features amid gambling crackdown
- 2023-08-24 2 Stocks to Buy Before They Take Off
- 2023-08-18 Why Tencent Music Entertainment Stock Was Up This Week
- 2023-08-16 Q2 2023 Tencent Music Entertainment Group Earnings Call
- 2023-08-15 This Spotify Rival From China Just Saw Its MAUs Dip in Q2, Stock Slides
- 2023-08-15 Midday movers: Home Depot, Tesla, General Motors and more
- 2023-08-15 UPDATE 5-Tencent Music’s quarterly revenue rises but warns of decline ahead
- 2023-08-15 Tencent Music’s quarterly revenue rises but warns of decline ahead
- 2023-08-15 Tencent Music Entertainment Group Announces Second Quarter 2023 Unaudited Financial Results