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Tencent Music Entertainment Group (TME) — chart, structure and Closelooknet read

The Closelooknet read

Tencent Music Entertainment runs online music and audio platforms in China, including QQ Music, Kugou Music and Kuwo Music, where users discover, stream and share songs. It also operates WeSing for karaoke, music-linked live streaming across those apps and a separate platform called Lazy Audio, plus audiobooks, podcasts and video content.

Detail below: the desk's view, the earnings record, peers and the company snapshot; daily prices on the price-history tab. Agents can buy the score depth per call over HTTP 402 — see the catalogue. Research diary readings, not advice.

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Signals for this name

Every Closelooknet reading that exists for TME, from the same nightly bakes the boards use. Research diary readings, not advice.

Weather around the name 4 macro readings: Money Temperature, Factor regime, Sector × region …

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 44/100 · S&P 500 fund at 48, above its 200-day averageEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-11-05
  • Factor regime Defensive rotation — low-vol leading, regime-change watchMomentum against low volatility (SPMO / SPLV): below its 50-day trend, 73th percentile of the window, -21.7% over 20 sessions. Factor regime → 2026-11-04
  • Sector × region Communication services in US: +3.1% week · −6.2% month · −5.9% quarter · −11.6% yearThe Sector Engine cell this name lives in, from XLC.US; the 11 × 4 matrix shows where its sector is being bought and where it is being sold. Sector Engine → 2026-11-05
  • Sovereign pressure Index -2.05 · down 2.95 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-11-05
How it trades on rate days beta 0.41 to TLT · on the worst bond days it moved with the market

How it trades on rate days

How TME has moved when long-dated Treasury yields rise — measured against TLT, the 20+ year Treasury fund.

  • Beta to long bonds, 1 year 0.41 — shows only a loose link to bond moves for every 1% move in TLT (20+ year Treasuries), Tencent Music Entertainment Group moved 0.41% on average · correlation 0.08 · higher than 34% of US names
  • Beta, last 3 months 0.60 about the same as over the year
  • On the 10 worst bond days −0.84% on average against −0.74% for the S&P 500 the 10 sessions of the past year in which TLT fell most, i.e. long yields rose most
  • Latest of those days +1.46% TLT −1.29% that day 2026-09-24

Daily total returns from the adjusted price series; a TLT down day is a day long yields rose. Beta = the average move of the name for a 1% move in TLT. Past sensitivity, not a forecast. An investment diary, not a recommendation.

Who it is priced against Internet Content & Information · US · 8 names with week and year-to-date

Peer group

Internet Content & Information · US

Names in the same industry from the Closelooknet universe; scored names rank on their Closelooknet score, the rest on trend state.

Compared against TME on the nightly bakes; the Peers tab ranks the cohort on the Closelooknet scores where it exists.

Company snapshot — Tencent Music Entertainment Group

TME in five paragraphs: what it makes and sells, where it sits in the Closelooknet stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
Tencent Music Entertainment runs online music and audio platforms in China, including QQ Music, Kugou Music and Kuwo Music, where users discover, stream and share songs. It also operates WeSing for karaoke, music-linked live streaming across those apps and a separate platform called Lazy Audio, plus audiobooks, podcasts and video content. Revenue comes from subscriptions, advertising, live-streaming tips, merchandise and licensing. It is headquartered in Shenzhen, operates as a subsidiary of Tencent Holdings, and has traded in New York as an ADS since its 2018 listing.
Where it sits in the stack
TME carries no seat in our indexed sleeves such as Rubin or Halo. It sits in our broader universe under Communication Services, specifically Internet Content & Information, alongside other online media and streaming platforms rather than any AI build-out layer.
Who it is priced against
Our peer group data holds no named peer set for TME. The market's own comparison runs to other streaming platforms, chiefly Spotify Technology, given the shared subscription-and-advertising model, though TME's business sits mostly inside China.
Why Closelooknet tracks it
TME carries a Closelooknet score, but only one module has been scored so far, so a strongest or weakest reading cannot yet be given. It holds no seat in our indices and has not generated diary editions or quotes.
What the diary watches
The diary watches how subscription revenue moves against advertising and live-streaming income, since a shift in that mix would change how the business is read.

Tencent Music Entertainment Group (TME) trades on US exchanges, classified under Communication Services.

The Closelooknet company score reads 58/100 composite (momentum 31, quality 65, valuation 87) across 7 modules — the full breakdown, chart structure and analog history load live above.

Written from the company’s public profile and Closelooknet’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Dividends and capital return trailing yield 2.54%, annual · buybacks 653 m USD in FY2025

Dividends and capital return

What TME pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 0.24 USD per share · a 2.54% yield on the 2026-11-05 close 1 distribution, paid once a year 2026-11-05
  • Change on the year +33.3% against the prior twelve months prior twelve months 0.18 USD per share
  • Last distribution 0.24 USD per share as the price series records it, within days of the ex-date 2026-04-02
  • By calendar year 2025: 0.18 USD (partial) · 2026: 0.24 USD to date first distribution recorded in the three-year window: 2025-04-03
  • Dividends paid, FY2025 1.93 bn USD 7% of earnings
  • Buybacks, FY2025 653 m USD 4.8% of today's market value
  • Share count −0.7% in FY2025 669 m USD of stock-based compensation in the year
  • Capital returned 2.58 bn USD · 26% of free cash flow dividends and buybacks together, against the year’s free cash flow

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

FAQ · from the current data · as of 2026-11-06

Quick answers

What is Tencent Music Entertainment Group (TME)?

Tencent Music Entertainment Group trades as TME on the US exchange (US) and is classified under Communication Services in the Closelooknet research universe, as of the registry build of 2026-11-06.

Is TME in a Closelooknet index?

Not currently — Tencent Music Entertainment Group is tracked in the Closelooknet research universe but is not a constituent of a Closelooknet functional index as of 2026-11-06.

What is Tencent Music Entertainment Group's Closelooknet composite score?

58 out of 100, with momentum 31, quality 65 and valuation 87 sub-scores, as of 2026-11-06. Scores are Closelooknet's own research readings, not ratings or investment advice.

Where does TME trade against its moving averages?

Tencent Music Entertainment Group trades 13.7% above its 50-day and 5.6% below its 200-day moving average (9.3% above its 20-day). As of 2026-11-05 — a technical state from the nightly Closelooknet bake, not advice. The Technical tab carries the full row.

How does Tencent Music Entertainment Group compare with its peers?

Against its peer group (Internet Content & Information · US), Tencent Music Entertainment Group (TME) sits 57.5% below its 52-week high, 13.7% above its 50-day average; Kanzhun Ltd ADR (BZ) is 21.0% below, Reddit, Inc. (RDDT) is 61.3% below, Bilibili Inc (BILI) is 60.9% below, as of 2026-11-05. Put any of them next to TME in the chart grid (2×1 or 2×2) and the page lays the companies side by side: performance, trend, valuation, margins and our money-flow reading.

How does Tencent Music Entertainment Group trade when bond yields rise?

Over the past year Tencent Music Entertainment Group had a beta of 0.41 to TLT, the long-dated Treasury fund — it shows only a loose link to bond moves, higher than 34% of US names. On the 10 sessions in which long bonds fell most it moved −0.84% on average, against −0.74% for the S&P 500. As of 2026-11-05; The "How it trades on rate days" block on this page carries the lines.

What does Tencent Music Entertainment Group do?

Tencent Music Entertainment runs online music and audio platforms in China, including QQ Music, Kugou Music and Kuwo Music, where users discover, stream and share songs. It also operates WeSing for karaoke, music-linked live streaming across those apps and a separate platform called Lazy Audio, plus audiobooks, podcasts and video content. Revenue comes from subscriptions, advertising, live-streaming tips, merchandise and licensing. Our peer group data holds no named peer set for TME. The market's own comparison runs to other streaming platforms, chiefly Spotify Technology, given the shared subscription-and-advertising model, though TME's business sits mostly inside China. (Company snapshot of 2026-09-17.)

Where does Tencent Music Entertainment Group sit in the AI build-out?

TME carries no seat in our indexed sleeves such as Rubin or Halo. It sits in our broader universe under Communication Services, specifically Internet Content & Information, alongside other online media and streaming platforms rather than any AI build-out layer. TME carries a Closelooknet score, but only one module has been scored so far, so a strongest or weakest reading cannot yet be given. It holds no seat in our indices and has not generated diary editions or quotes. (Company snapshot of 2026-09-17.)

Does Tencent Music Entertainment Group pay a dividend?

Tencent Music Entertainment Group has paid 0.24 USD per share over the last twelve months, paid once a year, a trailing yield of 2.54% on the 2026-11-05 close; the last distribution recorded in the price series was 0.24 USD on 2026-04-02. In fiscal 2025 the company paid 1.93 bn USD in dividends and bought back 653 m USD of its own shares, 26% of that year’s free cash flow. The share count fell 0.7% over the fiscal year. As of 2026-11-05; the "Dividends and capital return" block on this page carries the lines.

What does this page show?

A live price chart with SMA overlays and drawing tools for TME, performance metrics, index-membership context and the Closelooknet structure read — an investment research diary view, not investment advice.

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Related in the Closelooknet universe

then Internet Content & Information. Scored names rank on their Closelooknet score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.