Tencent Music (TME) Q3 2025: Revenue +20.6% to RMB 8.46B, Profit +36%—Shares Slide ~10% After Earnings
Tencent Music Entertainment Group (NYSE: TME; HKEX: 1698) reported robust third‑quarter results before the U.S. market opened Wednesday, posting double‑digit top‑ and bottom‑line growth driven by its core online‑music business. The company released the figures at 04:00 ET (09:00 GMT). PR Newswire Market reaction: early pop, midday drop TME shares initially ticked higher in early reports citing a modest pre‑market gain after the beat on revenue and adjusted EPS. Investing.comBy mid‑session, sentiment flipped: as of 15:31 UTC, TME traded around $18.67, down roughly 10.0% intraday (day high $22.00, low $18.04). What changed? While the release showcased strong monetization, investors appeared