01698 騰訊音樂－ＳＷ
TME-SW
TME-SW
| Listing Date | 2022/09/21 Listing by Introduction |
| Listing Price | 18.000 |
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IPO Detail
COMPANY PROFILE
Tencent Music Entertainment Group is the largest online music entertainment platform in China in terms of MAU, according to iResearch, with 604 million online music mobile MAUs and 162 million social entertainment mobile MAUs in the first quarter of 2022.
The Group operates four major product brands—QQ Music, Kugou Music, Kuwo Music and WeSing—through which it provides online music and social entertainment services. It also offers Lazy Audio, its dedicated long-form audio app.
It derives revenues from online music services and social entertainment services and others. Revenues for online music services are generated primarily from paid music and audio through sale of subscription packages for a fixed monthly fee, whereas revenues for social entertainment services and others are generated through live streaming, online karaoke, sales of music-related merchandise and certain other services.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Media |
| Major Business Area | China |
| Board Lot | 100 |
LISTING BY INTRODUCTION
| Stock Code | 1698 |
| Sponsor(s) | J.P. Morgan Securities (Far East) Limited, Goldman Sachs (Asia) L.L.C. |
TIME TABLE
| Dealings in Shares commence on | Sep 21, 2022. (Wed) |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).