✉news CultureEntertainment first seen 3 d ago, last 3 d ago, peak #18

Assenagon Buys 1.9 Million Tencent Music Shares

Original: 1,906,905 Shares in Tencent Music Entertainment Group Sponsored ADR $TME Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. has purchased 1,906,905 shares in Tencent Music Entertainment Group, according to a regulatory filing reported by MarketBeat. The move is a notable position change in the Chinese music streaming company's sponsored American Depositary Receipts, traded on US markets under the ticker TME. Investors tracking institutional flows in Chinese entertainment stocks are watching the disclosure.

Why now: Institutional buying activity in a widely followed Chinese entertainment stock draws investor attention.

Tencent Music Entertainment GroupAssenagon Asset Management S.A.

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• 1,906,905 Shares in Tencent Music Entertainment Group Sponsored ADR $TME Bought by Assenagon Asset Management S.A. · MarketBeat

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