Tencent Music has successfully returned to Hong Kong to go public?What should I think of the future of China's online music industry?

Recently, China's online music industry can be described as continuous news, and various online music companies have also continuously explored new gameplay. In the capital market, the return of Tencent Music is also very smooth. What should we look at Tencent Music returning to Hong Kong? What should I think of the future of China's online music industry?

1. Tencent Music successfully returned to Hong Kong to go public?

According to Sina Finance, on September 21, Beijing time, Tencent Music Entertainment Group was successfully listed on the main board of Hong Kong United Exchange Co., Ltd. with an introduction. "1698", 100 shares per hand, referred to as "TME" in the stock. Market information shows that Tencent Music's first trading day in Hong Kong is active. The highest share price of the highest share price is HK $ 18.30 per share throughout the day.

It is reported that considering its sufficient cash reserves, this time Tencent Music adopts a listing method, which does not involve new shares issuance and fundraising. Tencent Music's US Stock Stocks ("ADSS") will continue to maintain their main listing status and continue to trade in the NYSE. Among them, each ADS represents two shares, and the shares listed on the main board of the Hong Kong Stock Exchange can be completely exchanged with the ADSS listed on the NYSE.

Industry insiders said that Tencent Music has maintained steadily and effective management in terms of capital reserves and cash flow. This time, by introducing listing and landing in Hong Kong stocks, not only can it provide investors with more transaction location selection and more flexible transaction time, nor does it not be possible The dilution of the interests of the existing shareholders is conducive to the introduction of more investors, which is more beneficial to its long -term development.

According to the iResearch report, according to the monthly active number of users, Tencent Music is the largest online music entertainment platform in China. The main business of Tencent Music is to provide online music and social entertainment services. Its products include QQ music, cool dog music, cool my music, and national K songs.

2. What should I think of the future of China's online music industry?

We see that Tencent Music successfully returned to Hong Kong stocks, and the performance of the listing on the first day is good. It can be described as a satisfactory performance. How do we look at the performance of Tencent Music and how to analyze and judge the future of China's online music industry?

First of all, the return of Tencent Music can be said to be a normal phenomenon in the market, and it can even be said to be an inevitable trend. At present, the return of stock companies in various companies has returned. It is also very suitable for the objective laws of market development, so from the current perspective, the return of Tencent Music is not surprising at all, and even everyone thinks that this is a normal phenomenon. Look, the performance of Tencent Music is okay, a well -established listed company. This is also in line with the current market expectations of Tencent Music, so for the current market performance, the development of Tencent Music and the performance of the first day of listing are basically in line with market expectations.

Secondly, Tencent Music's current return to Hong Kong stocks is actually a trend representing the development of the Chinese music industry. We have seen that NetEase Cloud Music has realized the listing of Hong Kong stocks before, and Tencent Music has successfully achieved the future. Hong Kong stocks will be China in China. A major listing platform of the online music industry. From the perspective of the capital market, because online music has formed its own market, the advantage is Hong Kong stocks, and the capital market is relatively familiar with online music. Within time, the Hong Kong stock capital market will be an important position in the development of the online music industry, and it is also the direction of financing of various online music companies. In the future, similar companies may also choose to list Hong Kong stock markets.

Third, from the perspective of long -term market development, China's online music industry is actually in a state of gradually building and starting to rebound. The overall market development space of online music services is continuously expanding. More and more online music companies are increasingly expanding. Beginning to explore more scenario service and improvement, online music will gradually change from the familiar computer market and mobile phone market to a more diversified smart terminal market and the car scene market. Yes, the long -term value of market development is constantly prominent, so we have full reasons to believe that the current online music industry in China is in a relatively stable development stage. The long -term development of the online music industry is worthy of our expectations.

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