Apr. 29 at 1:26 AM
$TME — China's Spotify. Revenue +15.85% in 2025, earnings +66.41%. Crashed from
$26 ATH to
$8.78 lows on tariff panic + earnings selloff — Citi called it unwarranted. Now at
$9.20 trying to hold. 8 analysts Buy, avg PT
$19.44. AlphaSpread intrinsic value
$23.54 — stock trading at 59% discount.
🐂 Hold
$9.14 + reclaim
$10.64 =
$11.70 →
$12.30, avg PT
$19.44
🐻 Lose
$8.78 lows =
$7.43 support
⚠️ US-China tariff risk = ADR headline risk can gap this overnight
🟢 Earnings +66% YoY — underlying business accelerating hard
🟢 Jay Chou exclusive content live — biggest Mandopop artist, massive engagement catalyst
🟢 Possible K-pop concert restrictions easing in China = new revenue unlock
🟢 Ximalaya acquisition proposed — audio content moat expansion
🚩 Marathon Asset sold ~
$11M worth — institutional exit notable
🚩 ADR = delisting risk in US-China trade war escalation scenario
#TME #TencentMusic #ChinaStocks #ADR #hovdid