Deutsche Bank: Downgrade Tencent Music (TME) Rating and Price Target

Like
1
Favorite

Deutsche Bank: Downgrade Tencent Music (TME) Rating and Price Target

凤凰网港股2021-08-19

Ifeng.com Hong Kong stocksDeutsche BankAnalyst Leo Chiang willTencent Music(TME) rating was downgraded to hold from buy, and the price target was sharply reduced to $9 from $22. The analyst said that Tencent Music lowered its social entertainment business outlook for the second half of the year in its financial report. He believed that after the Municipal Supervision Bureau ordered Tencent Music to give up the implementation of exclusive music copyrights, its industry competition landscape may change.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

doudoumi
·2021-08-20
666
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2160223761?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/43f9c28a89ee807c03e7c639a3677608","is_english":false,"pubTime":"2021-08-19 20:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2160223761","market":"us","top_or_hot":-1,"title":"Deutsche Bank: Downgrade Tencent Music (TME) Rating and Price Target","media":"凤凰网港股","content":"<p><html><body>Ifeng.com Hong Kong stocks<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Analyst Leo Chiang will<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME) rating was downgraded to hold from buy, and the price target was sharply reduced to $9 from $22. The analyst said that Tencent Music lowered its social entertainment business outlook for the second half of the year in its financial report. He believed that after the Municipal Supervision Bureau ordered Tencent Music to give up the implementation of exclusive music copyrights, its industry competition landscape may change.</p><p></body></html></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>Deutsche Bank: Downgrade Tencent Music (TME) Rating and Price Target</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nDeutsche Bank: Downgrade Tencent Music (TME) Rating and Price Target\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039806269\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">凤凰网港股 </p>\n<p class=\"h-time smaller\">2021-08-19 20:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><body>Ifeng.com Hong Kong stocks<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Analyst Leo Chiang will<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>(TME) rating was downgraded to hold from buy, and the price target was sharply reduced to $9 from $22. The analyst said that Tencent Music lowered its social entertainment business outlook for the second half of the year in its financial report. He believed that after the Municipal Supervision Bureau ordered Tencent Music to give up the implementation of exclusive music copyrights, its industry competition landscape may change.</p><p></body></html></p>\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":"http://hknews.szfuit.com/newRssInfo/feed?original_id=27c924141b00c36736008f7384cf8285","article_id":"2160223761","we_media_id":"1039806269","thumbnails":["https://static.tigerbbs.com/43f9c28a89ee807c03e7c639a3677608"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2160223761","pubTimestamp":1629374767,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"凤凰网港股","introduction":"凤凰网港股","home_visible":1,"id":"1039806269","head_image":"https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817"},"summary":"凤凰网港股|德意志银行分析师Leo Chiang将腾讯音乐(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"TME":"腾讯音乐"},"translate_title":"Deutsche Bank: Downgrade Tencent Music (TME) Rating and Target Price","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TME":1},"content_text":"凤凰网港股|德意志银行分析师Leo Chiang将腾讯音乐(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":838278279,"gmtCreate":1629416834591,"gmtModify":1676530031642,"author":{"id":"3575160416881067","authorId":"3575160416881067","name":"doudoumi","avatar":"https://static.tigerbbs.com/dd635ed2947aaad766fa7044d43cc429","vip":1,"hat":"https://static.tigerbbs.com/d54f48232ec41d764838ad8d7c381060","crmLevel":3,"crmLevelSwitch":0,"idStr":"3575160416881067","authorIdStr":"3575160416881067"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838278279","repostId":2160223761,"repostType":2,"repost":{"id":"2160223761","kind":"highlight","weMediaInfo":{"introduction":"凤凰网港股","home_visible":1,"media_name":"凤凰网港股","id":"1039806269","head_image":"https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817"},"pubTimestamp":1629374767,"share":"https://ttm.financial/m/news/2160223761?lang=&edition=fundamental","pubTime":"2021-08-19 20:06","market":"us","language":"zh","title":"德银：下调腾讯音乐(TME)评级及目标价","url":"https://stock-news.laohu8.com/highlight/detail?id=2160223761","media":"凤凰网港股","summary":"凤凰网港股|德意志银行分析师Leo Chiang将腾讯音乐(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。","content":"<html><body><p>凤凰网港股|<a href=\"https://laohu8.com/S/DB\">德意志银行</a>分析师Leo Chiang将<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。</p></body></html>","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>德银：下调腾讯音乐(TME)评级及目标价</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\">\n德银：下调腾讯音乐(TME)评级及目标价\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039806269\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b6fb647077f1ce46dc341fc35c26e817);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">凤凰网港股 </p>\n<p class=\"h-time\">2021-08-19 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>凤凰网港股|<a href=\"https://laohu8.com/S/DB\">德意志银行</a>分析师Leo Chiang将<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/43f9c28a89ee807c03e7c639a3677608","relate_stocks":{"TME":"腾讯音乐"},"source_url":"http://hknews.szfuit.com/newRssInfo/feed?original_id=27c924141b00c36736008f7384cf8285","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160223761","content_text":"凤凰网港股|德意志银行分析师Leo Chiang将腾讯音乐(TME)评级从买入下调至持有，目标价从22美元大减至9美元。该分析师表示，腾讯音乐在财报中下调了下半年的社交娱乐业务展望，他认为在市监局责令腾讯音乐放弃独家音乐版权实施后，其行业竞争格局可能出现变化。","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}