2018-12-19 17:41:00 Wed ET
stock market gold oil stock return s&p 500 asset market stabilization asset price fluctuations stocks bonds currencies commodities funds term spreads credit spreads fair value spreads asset investments
Tencent Music Entertainment debuts its IPO on NYSE to strike a chord with stock market investors. Tencent Music goes public and marks the biggest IPO by a major Chinese Internet company since the Alibaba e-commerce debut IPO back in 2014. Raising more than $1 billion via this massive IPO, Tencent now serves 880 million active freemium users per month, but its premium subscribers represent no more than 5% of the total user base. CNBC economic news host Jim Cramer suggests that Tencent Music shares are great opportunities for U.S. stock market investors in the midst of uncertain Sino-U.S. trade tension.
Spotify owns 9% equity stakes in Tencent Music Entertainment, which has been profitable since 2016 with a pristine balance sheet and 83% organic sales revenue growth. Tencent is a major part of the Chinese micropayment ecosystem because the tech titan allows users to deliver virtual gifts such as stickers and red packets. As of December 2018, 9 million active users spend money on virtual gifts through Tencent, these purchases account for 70%+ of corporate revenue. With its instant-messenger apps Tencent QQ (social networks), WeChat (instant messages), and Weibo (microblogs), the Chinese Internet tech titan aims to enrich the digital lives of freemium active users via virtual gifts, online music streams, and instant messages.
Clarification
CNBC provides an explanatory video clip on Facebook that each Chinese consumer can accomplish almost everything (from instant messages and online games to social networks and stock market news) on a single mobile app, WeChat, via the Internet tech titan Tencent. With its instant-messenger apps Tencent QQ (social networks), WeChat (instant messages), and Weibo (microblogs), the Chinese Internet tech titan aims to enrich the digital lives of freemium active users via virtual gifts, online music streams, and instant messages.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-10-27 17:37:00 Sunday ET
International climate change can cause an adverse impact on long-term real GDP economic growth. USC climate change economist Hashem Pesaran and his co-autho
2019-12-22 08:30:00 Sunday ET
European Commission President Ursula von der Leyen now protects the European circular economy and green growth from 2020 to 2050. The new circular economy r
2019-04-30 07:15:00 Tuesday ET
Through our AYA fintech network platform, we share numerous insightful posts on personal finance, stock investment, and wealth management. Our AYA finte
2019-06-13 10:26:00 Thursday ET
The Chinese Xi administration may choose to leverage its state dominance of rare-earth elements to better balance the current Sino-U.S. trade war. In recent
2017-07-13 08:35:00 Thursday ET
President Donald Trump has announced that a major Apple iPhone upstream supplier, Foxconn Technology Group (aka Hon Hai Precision Group), will invest $10 bi
2019-11-26 11:30:00 Tuesday ET
AYA Analytica finbuzz podcast channel on YouTube November 2019 In this podcast, we discuss several topical issues as of November 2019: (1) The Trump adm