HK Movers | Movies & Entertainment Shares Jump. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%

Tiger Newspress

May 15

Hong Kong’s movies & entertainment shares jumped on Thursday. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%.

Tencent Music Entertainment surpassed first-quarter revenue expectations on Tuesday on the back of strong subscriber growth in its online music services, particularly in its long-form audio content.

The Chinese music streaming giant has heavily invested in long-form content, like podcasts and audiobooks, as part of its bet on the Super VIP (SVIP) program, which bundles high-quality audio, online karaoke and exclusive event access.

This has helped Tencent Music offset weakness in its social entertainment business, impacted by the removal of certain live-streaming features such as virtual lucky draws to comply with Beijing's anti-gambling regulations.

First-quarter revenue from music subscriptions grew 16.6% to 4.22 billion yuan ($586.1 million), while paying users increased by 8.3% to 122.9 million. CEO Ross Liang cited long-form audio as a key driver for SVIP business growth on an earnings call.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/1115937953"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1115937953\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1115937953?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-15 09:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1115937953","market":"hk","top_or_hot":-1,"title":"HK Movers | Movies & Entertainment Shares Jump. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%","media":"Tiger Newspress","content":"<html><head></head><body><p>Hong Kong’s movies &amp; entertainment shares jumped on Thursday. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42edda3365a6c37a87cddb7d1b3868dc\" title=\"\" tg-width=\"1170\" tg-height=\"1820\"/></p><p><a href=\"https://laohu8.com/S/01698\">Tencent Music Entertainment</a> surpassed first-quarter revenue expectations on Tuesday on the back of strong subscriber growth in its online music services, particularly in its long-form audio content.</p><p>The Chinese music streaming giant has heavily invested in long-form content, like podcasts and audiobooks, as part of its bet on the Super VIP (SVIP) program, which bundles high-quality audio, online karaoke and exclusive event access.</p><p>This has helped Tencent Music offset weakness in its social entertainment business, impacted by the removal of certain live-streaming features such as virtual lucky draws to comply with Beijing&#39;s anti-gambling regulations.</p><p>First-quarter revenue from music subscriptions grew 16.6% to 4.22 billion yuan ($586.1 million), while paying users increased by 8.3% to 122.9 million. CEO Ross Liang cited long-form audio as a key driver for SVIP business growth on an earnings call.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Movers | Movies & Entertainment Shares Jump. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Movers | Movies & Entertainment Shares Jump. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-05-15 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hong Kong’s movies &amp; entertainment shares jumped on Thursday. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42edda3365a6c37a87cddb7d1b3868dc\" title=\"\" tg-width=\"1170\" tg-height=\"1820\"/></p><p><a href=\"https://laohu8.com/S/01698\">Tencent Music Entertainment</a> surpassed first-quarter revenue expectations on Tuesday on the back of strong subscriber growth in its online music services, particularly in its long-form audio content.</p><p>The Chinese music streaming giant has heavily invested in long-form content, like podcasts and audiobooks, as part of its bet on the Super VIP (SVIP) program, which bundles high-quality audio, online karaoke and exclusive event access.</p><p>This has helped Tencent Music offset weakness in its social entertainment business, impacted by the removal of certain live-streaming features such as virtual lucky draws to comply with Beijing&#39;s anti-gambling regulations.</p><p>First-quarter revenue from music subscriptions grew 16.6% to 4.22 billion yuan ($586.1 million), while paying users increased by 8.3% to 122.9 million. CEO Ross Liang cited long-form audio as a key driver for SVIP business growth on an earnings call.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01896","symbol_name":"猫眼娱乐","start_time":0,"source_url":"","article_id":"1115937953","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115937953","pubTimestamp":1747273686,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Hong Kong’s movies & entertainment shares jumped on Thursday. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01896":"猫眼娱乐","08172":"拉近网娱","01003":"欢喜传媒","01060":"大麦娱乐","01970":"IMAX CHINA"},"translate_title":"香港搬家公司电影娱乐公司股价上涨。YH ENT上涨19%；腾讯控股音乐上涨8%；单面上涨5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01003":1.1,"01060":1.1,"01896":1.1,"01970":1.1,"08172":1.1},"content_text":"Hong Kong’s movies & entertainment shares jumped on Thursday. YH ENT up 19%; Tencent Music up 8%; Sunny Side up 5%.Tencent Music Entertainment surpassed first-quarter revenue expectations on Tuesday on the back of strong subscriber growth in its online music services, particularly in its long-form audio content.The Chinese music streaming giant has heavily invested in long-form content, like podcasts and audiobooks, as part of its bet on the Super VIP (SVIP) program, which bundles high-quality audio, online karaoke and exclusive event access.This has helped Tencent Music offset weakness in its social entertainment business, impacted by the removal of certain live-streaming features such as virtual lucky draws to comply with Beijing's anti-gambling regulations.First-quarter revenue from music subscriptions grew 16.6% to 4.22 billion yuan ($586.1 million), while paying users increased by 8.3% to 122.9 million. CEO Ross Liang cited long-form audio as a key driver for SVIP business growth on an earnings call.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}