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2 years ago

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Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

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Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

China's Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday as hopes grew for a loosening of regulatory curbs on China's tech giants.

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Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

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Tencent Music's Q1 revenue downbeat, shares rise amid hopes for regulatory easing

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