Tencent Music Rose over 6% in Premarket Trading after Announcing to Pursue Hong Kong Listing

Tiger Newspress2022-03-22

Tencent Music rose over 6% in premarket trading after announcing to pursue Hong Kong listing.Tencent Music reported EPS of $0.08 coming in better than the consensus estimate of $0.07. Revenue grew 8.7% year-over-year to $1.19 billion, compared to the consensus estimate of $1.23 billion.

It also announced it will pursue a secondary listing on the Main Board of the Hong Kong Stock Exchange through a listing by way of introduction. This is the equivalent to a direct listing without any offering of new shares.

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Comments

RogerLam
2022-03-22
RogerLam
Nice
飙高音
2022-03-22
飙高音
K
whywhywhywhy
2022-03-22
whywhywhywhy
[Cool]
Andr3
2022-03-22
Andr3
L

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