Tencent Music: Another China Regulations Play

Pinxter Analytics
5.02K Followers

Summary

  • Tencent Music is another US-listed Chinese company which faced tough times in the recent Chinese regulatory crackdown on all things tech in the country.
  • However, very little is expected to fundamentally change and the company is expected to maintain their leading position in the Chinese online music industry.
  • As a result, I believe the company will return over 15% annually to investors, far outperforming the broader market expectations.
Chinese Music Entertainment Company Tencent Music Entertainment Group Debuts On New York Stock Exchange
Spencer Platt/Getty Images News

Tencent Music Entertainment Group (NYSE:TME) has not been spared from the recent Chinese crackdown on all things tech as they exercise control over an industry which they see as running away from their control.

I've previously written about DiDi Global (

This article was written by

5.02K Followers
As part of my earnings growth strategy, I invest, trade and write about small under-covered growth companies which don't get much attention from establishment analysts as well as use the strategy to interpret short and long term moves in bigger, well established companies in the United States, Europe and the Asia-Pacific region.-All articles and the information in them are my opinion based on my own research and analysis and should not be taken as investment advice without proper due diligence and advice from a professional financial adviser.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of DIDI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Opinion, not investment advice.

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