- From October 27th to November 1st, 2025, the management team conducted business negotiations with the project partners in Singapore and Vietnam.
- From October 21st to October 25th, 2025, the company's management hosted 26 mayors from the Turkish Mayor Association in Hefei for a visit.
- On October 16, 2025, the company's management held in-depth discussions with the Panamanian national investment agency regarding the Panamanian project.
- On October 12, 2025, the company's management held a communication session with the relevant companies of Conch Group.
- On October 10, 2025, the company's management held a remote video conference with the Turkish National Development Department.
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Tencent music entertainment group was successfully listed on the New York stock exchange
Tencent Music Entertainment Group is set to raise $1.07 billion in a New York Stock Exchange (NYSE) listing.
The news comes after its IPO was priced at $13, at the low end of its $13-to-$15 per-share range. The company is the music arm of Tencent Holdings Ltd.
Tencent Music, the largest online music entertainment platform in China, is selling a total of 82 million American depositary shares (ADS) in the fundraising, according to a prospectus published on December 3.
Each ADS represents two Class A ordinary shares of the company.
The funds raised will be used primarily to expand and enhance Tencent Music's content offerings, service development, selling and marketing, potential strategic investments, as well as other general purposes, said the company.
During the first three quarters of this year, the company reported revenues of 13.59 billion yuan and net profits of 2.71 billion yuan, compared with 10.98 billion yuan and 1.32 billion yuan respectively last year.
By the end of September, Tencent Music reported 24.9 million online music service users, 3.8 percent of those paying users.