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Tencent Music Newsroom
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
Express News | Tencent Music's subsidiary Zhengzhou Cultural Communication Company has been deregistered.
Futu Morning Report | The "Spring Festival Gala of the Technology Industry" CES 2025 is coming this week! NVIDIA has become the market focus; big investment! Microsoft plans to invest 80 billion USD to build Datacenters.
CES will kick off from January 7 to 11 in the USA, Las Vegas. NVIDIA is expected to announce its latest developments in AI, including the highly anticipated GeForce RTX 50 graphics card; in the Industry sector, AI and Autos are expected to continue thriving, while Siasun Robot&Automation, displays, and smart home appliances are also focal points of attention.
Trump calls on the United Kingdom to "open" the North Sea and dismantle the Generator.
① The elected president of the USA, Trump, posted on his personal Social Media platform Truth Social, urging the United Kingdom to open the "North Sea" and remove the Generator; ② Due to depleting reserves and the Global shift towards Wind Power, oil production in the North Sea has been continuously declining, and oil companies have gradually withdrawn from the North Sea in recent years.
Tencent Musician released the 2024 annual report, with the number of post-00s musicians exceeding 0.176 million.
Recently, the Tencent Musician Open Platform released the 2024 Tencent Musician Annual Report. The report shows that the total number of musicians registered on the Tencent Musician Open Platform exceeded 0.58 million, an increase of 25.9% year-on-year; the total number of musical works surpassed 4.22 million, with 202.1 billion plays. It is noteworthy that among the registered musicians, the number of campus musicians, female musicians, and musicians from ethnic minorities continues to grow, presenting a diversified and youthful appearance.
Tencent Music CEO Ross Liang: The online music subscription Business performed strongly in the third quarter.
In 2024, the music Industry shows a strong development trend, with the offline music performance market bustling, injecting robust vitality into the entire Industry. At the same time, the online music market has also entered a new stage, as evidenced by the Earnings Reports released by Tencent Music Entertainment Group (TME) for the third quarter of 2024.
The 2024 Tencent Musician Annual Report has been released: nearly 0.6 million music groups have settled in, providing multi-dimensional support for the advanced development of musicians.
Recently, the Tencent Musician Open Platform released the 2024 Tencent Musician Annual Report (hereinafter referred to as "the report"). The report shows that the total number of musicians on the Tencent Musician Open Platform exceeds 0.58 million, a year-on-year increase of 25.9%; the total number of music works exceeds 4.22 million, which received 202.1 billion plays.
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
Express News | Tencent Music's "Kugou Music" was found guilty of infringement, and the Copyright Society obtained compensation of 0.22 million yuan.
Are Tencent Music Entertainment Group's (NYSE:TME) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Futu Morning Report | Goldman Sachs Outlook for 2025: AI remains the main theme of the Technology Industry; all annual goals have been achieved ahead of schedule! Xiaomi SU7 delivered over 0.13 million units for the entire year.
Trump expressed support for the H-1B visa, aligning with Musk to advocate for the introduction of foreign talent; the "quantum frenzy" in the US stock market continues, with "quantum NVIDIA" RGTI rising over 10% again, accumulating over 1600% increase this year; Buffett has once again increased his stake in VeriSign, becoming the largest single Shareholder.
86Research Upgrades Tencent Music Entertainment to Buy, Price Target Is $14
Express News | QQ Music launched version 14.0, releasing its first AI large model audio effect.
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.
Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?
U.S. stocks closed higher | The three major Indexes collectively rose, with the Nasdaq increasing by nearly 1%; chip stocks surged, with Broadcom and Taiwan Semiconductor rising over 5%, and NVIDIA increasing nearly 4%.
① The Nasdaq China Golden Dragon Index rose by 0.91%; ② The PHLX Semiconductor Index rose by over 3%; ③ MicroStrategy purchased 5,262 Bitcoins; ④ The suspect in the UnitedHealth executive's murder case pleaded not guilty.
Hong Kong stock market morning report for December 24: The three major U.S. Indexes closed higher, and HKEX will have a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
Hong Kong stock market morning report on December 23: Biden signed a bill to prevent the USA government from "shutting down". The performance of China Concept Stocks shows divergence.
① Biden signed an emergency funding bill to prevent a "shutdown" of the USA government. ② The USA's November core PCE price index rose 2.8% year-on-year, which was lower than expected. ③ The three major stock indexes in the USA opened lower and closed higher last Friday, while China Concept Stocks showed mixed performance. ④ NYMEX Henry Hub Natural Gas Futures rose more than 14% last week. ⑤ Federal Reserve's Goolsbee stated that interest rates may decline within 12 to 18 months.