Tencent Music Entertainment is a holding company. Through its subsidiaries, Co. is engaged in operating online music entertainment platforms to provide music streaming, online karaoke and live streaming services. Co.'s platform is a music entertainment destination that allows users to engage with music in various ways, including discovering, listening, singing, watching, performing and socializing. Social interactions such as sharing, liking, commenting, following and virtual gifting, are integrated in Co.'s platform. Co.'s music-centric live streaming services, primarily Live Streaming tab on Kugou Music, Kuwo Music, WeSing and QQ Music, Kugou Live and Kuwo Live. The TME average annual return since 2018 is shown above.
The Average Annual Return on the TME average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TME average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TME average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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