Company profile • Index constituent

Tencent Music Entertainment

Tencent Music Entertainment operates music and audio services in China, including QQ Music, Kugou Music, Kuwo Music, WeSing and Ximalaya. Its offering combines listening, social interaction and music-related experiences, with paid memberships and other music services supporting monetisation.

Several brands and listening formats

The group’s platforms cover music discovery and streaming, karaoke and wider audio entertainment. Its current investor FAQ includes Ximalaya in the operating portfolio. The company also develops intellectual property beyond online listening through concerts, merchandise and related experiences, connecting digital audiences with additional ways to engage with artists and content. [1]

Membership and associated services

Tencent Music’s 2026 reporting distinguishes membership revenue from other music-related services, including advertising and activities around performances and intellectual property. That mix is broader than subscription streaming alone. The TME security represents this music and audio company; analysis of Tencent Holdings’ wider games, social, payments and cloud businesses belongs at the separate Tencent Holdings level. [2] [1]

In the Global Entertainment Index

Listed-market context

Year to date-50.2%
1 year-61.6%

USD total returns through , using the Index's adjusted price series. Not live quotes. Past performance does not predict future results.

1.22% target weight at rebalance. Weights drift between rebalances; this is not a live portfolio weight.

Compare Tencent Music Entertainment with the Index

Source: Index constituent data. Read the calculation and limits.

Sources & review

Company facts use the primary sources below. Market classification and performance come from the Index. Ownership is a parent-group summary, not a complete beneficial-ownership analysis.

  1. Tencent Music investor FAQs
  2. Tencent Music first quarter 2026 results
  3. Tencent Music corporate contact and offices